Hiring: Model Validation Associate Director Company: The Depository Trust & Clearing Corporation (DTCC) Location: Jersey City, NJ Job Posted Time: 2026-09-10 12:41:52 Employment Type: Remote Target Skills & Keywords : C, C++, Project Management, Python, R, Risk Management, SQL About the job Experience: •8 years of relevant professional experience. Required Skills: •Perform hands-on validations and reviews, write quality model validation reports, and provide model approvals. •Partner cross-functionally with the Project Management Office (PMO) to maintain a viable model validation schedule, coordinate and oversee model validation, and review performed by the model validators to ensure timeliness, quality, and effective challenge. •Interface directly with the model owner, model developer, and model user on all aspects of model validation and issue resolution. •Prepare model validation and review presentations to the Model Risk Governance Council (MRGC) meetings for model approval, model issue tracking and resolution. Present results and finding resolutions to the Model Risk Governance Council (MRGC). •Partner cross-functionally with the Operations & Management Assurance (OM&A) team to ensure the highest quality of validation, annual review, and Model Performance Monitoring (MPM) reports. •Interface with the auditors and regulators on all aspects of model validation. •Challenge the model performance and methodologies at monthly MRGC review meeting. •Perform ad hoc analysis to identify model limitations and performance issues. Recommend action plan for remediation. Qualifications: •Minimum of 8 years of relevant professional experience. •Master's or Ph.D. in Finance, or a related STEM discipline •Serves as a trusted coach or mentor within the organization. •Communicates openly keeping everyone across the organization informed. Compensation: •Flexible work environment (work from home / hybrid options) •Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!