Model Risk Analyst II - Validation
M&T BankSalary not specified
- Full Time
- Mid-level (3 to 4 years)
$60,000 – $90,000Compensation
Mid-level (3 to 4 years), Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Risk ManagementIndustries
Requirements
Candidates should possess a Bachelor’s degree in a quantitative field such as Mathematics, Statistics, Physics, Engineering, or a related discipline, and ideally a Master’s degree. Strong analytical and quantitative skills are essential, along with experience in financial modeling and econometric techniques. Familiarity with risk management concepts and methodologies, particularly Value-at-Risk (VaR) and stress testing, is highly desirable.
Responsibilities
The Quantitative Modeler will build and maintain risk models and analytics, including linear factor models, Value-at-Risk (VaR) methodologies, volatility and covariance matrix estimation, and portfolio stress testing & scenario analytics. They will utilize sophisticated econometric/statistical methods to analyze financial data and develop insights for traders, portfolio managers, and risk managers at BlackRock and Aladdin clients, supporting risk management, portfolio construction, regulatory reporting, compliance, and performance attribution.
Skills
Value-at-Risk (VaR)
Stress Testing
Econometric Techniques
Statistical Modeling
Financial Modeling
Risk Management
Linear Factor Models
Volatility Estimation
Covariance Matrix Estimation
Portfolio Analysis
BlackRock
About BlackRock
Key Metrics
New York City, New YorkHeadquarters
1988Year Founded
$78,647.7MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries