
Website Blackrock
Job Description:
We seek an experienced and motivated model management officer to bring state-of-the-practice model risk management principles to A&M. This individual will operate at the intersection of Aladdin’s analytics, data, and models, which are used by Researchers, Portfolio Managers and Risk Managers, to drive the portfolio modeling that differentiates BlackRock’s investment businesses, as well as Aladdin’s value proposition.
Job Responsibilities:
- Model Validation & Documentation: work with model owners to ensure model documentation and testing meets the latest governance standards and is suitable for independent validation purposes.
- Model Release Controls: work with model owners, and partner teams, to enhance the process for rolling-out new models and major/minor model updates, including large-scale testing and client communication/escalation protocols.
- Enhancement of Input Data Controls: work with model owners and partner data teams to propose and build enhanced controls for all input data sources across all A&M models.
- Model Governance: own and drive the development, implementation, and maintenance of a model governance framework for models developed and owned by the Analytics & Modeling (A&M) business.
- Issue Management, Communication and Resolution: co-ordinate A&M’s response to model related issues which have been identified and escalated to senior management and/or governing bodies as required.
Job Requirements:
- Strong organizational, networking, problem-solving, and planning skills. Familiarity with agile product development life cycle preferred.
- 7+ years of model risk management and related experience. Intimate knowledge of financial modeling techniques and the use of technology to deliver analytics solutions.
- Proven success in orchestrating cross functional, technical projects.
- Excellent written and verbal communication skills, including the ability to communicate up and down the organization, and explain complex models and issues in simple, easy-to-understand ways.
- Proficiency working with both technical developers and financial modelers, as well as business leaders and target end users
Job Details:
Company: Blackrock
Vacancy Type: Full Time
Job Location: New York, NY, US
Application Deadline: N/A
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