Description

A leading multi-strategy hedge fund is hiring a Head of Model Review & Governance to join the team in NYC or Miami.

This hire will join the team and lead the function overseeing all model risk within the firm. This hire will work closely with multiple groups very closely including Trading, Risk Management, Quant Research and Portfolio Research, and Valuations and Pricing. This is more than a standard model risk role it's a hands on senior leader who is directly involved in pricing/derivative pricing, trading model validation, and risk modelling.

Ideally the team want someone coming from a front office quant or strats team background. The front office mindset is essential for this hire to build an effective model risk function that both challenges and collaborates with Portfolio Managers and Quant Research groups.

Key Responsibilities

• Oversee and coordinate model review activities across asset classes to ensure rigorous and consistent validation of pricing models.
• Lead Model Validation groups and quant risk/research teams working on cross-asset projects
• Maintain comprehensive documentation of model testing, ensuring compliance with internal governance standards.
• Manage the inventory of pricing and risk models
• Act as a subject matter expert on pricing models and governance, providing guidance to internal stakeholders.
• Continuously enhance the model governance framework

Preferred Qualifications

• Masters/PhD in a quantitative field
• 10+ years of experience in pricing model development, model validation, or risk management.
• Deep understanding of derivatives products and associated risks
• Experience in derivative pricing model development and/or validation.
• Strong coding skills in Python, including building tools for model validation and testing.
• Proven track record of leading a risk modelling or pricing strats team.
• Highly detail-oriented with strong ownership mindset.
• Excellent interpersonal and communication skills, capable of presenting complex concepts to technical and non-technical audiences.