Senior Manager, Model Validation - Investment Management

The Model Risk Management (MRM) Team is seeking an experienced model risk professional to support independent oversight of quantitative models used across Vanguard's Investment Management Group.

Requirements

• PhD degree in a quantitative discipline such as Computer Science, Mathematics, Statistics, Physics, Engineering or an equivalent combination of training and experience
• Minimum of 7 years of relevant experience in model development or model validation
• Broad knowledge of relevant modeling frameworks and standards
• SME knowledge of financial products across various asset classes (equities, fixed income, FX)
• Experience in the asset management business (sell side or buy side)
• Familiarity with risk models (counterparty, liquidity, internal capital, market risk)
• Knowledge of programming languages including Python and MATLAB
• Knowledge of technology platforms such as AWS SageMaker used for model development and deployment, CI/CD
• Experience developing and managing junior model validators
• Experience developing, testing or validating AI/ML models
• Excellent communication, negotiation, diplomacy, and presentation skills
• Broad knowledge of risk management at financial institutions
• Experience validating third party models and familiarity with third party models and platforms used in asset management
• Ability to deal effectively with a variety of stakeholder teams
• Ability to effectively manage multiple and competing priorities of the team and department as well as one's own priorities and time
• Exhibits flexibility and excellent judgment

Benefits

• Generous Paid Time Off
• 401k Matching
• Retirement Plan
• Visa Sponsorship
• Four Day Work Week
• Generous Parental Leave
• Tuition Reimbursement
• Relocation Assistance