Model Validation Expert

Bloomberg - New York, NY

Hiring: Model Validation Expert Company: Bloomberg Location: New York, NY Job Posted Time: 2026-09-03 14:39:04 Target Skills & Keywords : C++, CFA, MATLAB, Machine Learning, Python, R, Regulatory Compliance, Risk Management About the job Experience: •10+ years of experience in quantitative modeling, model validation, or model risk management Required Skills: •Lead independent end-to-end validations of Bloomberg’s ESG Scoring and analytics models •Assess ESG scoring methodologies for conceptual soundness, data source quality, weighting approaches, aggregation logic, and alignment with stated rating objectives — with specific attention to ERR disclosure and methodology transparency requirements •Evaluate Bloomberg’s compliance with ERR model-related obligations, including methodology documentation standards, and public disclosure requirements for ESG rating methodologies •Evaluate backtesting, benchmarking, sensitivity analysis, stress testing, and ongoing performance monitoring frameworks •Review model documentation to ensure transparency, reproducibility, and appropriate articulation of assumptions and limitations •Identify model risks arising from data dependencies, parameter instability, model drift, overfitting, bias, or inappropriate use •Issue clear validation findings, risk ratings, and actionable remediation recommendations •Monitor remediation plans and re-validation activities to ensure sustainable risk reduction Qualifications: •PhD in Mathematics, Statistics, Physics, Financial Engineering, Computer Science, Econometrics, or related quantitative field •Deep expertise in pricing, risk, statistical, and/or AI/ML models •Excellent programming skills (Python, C++ required; R, MATLAB, or similar a plus) •Demonstrated ability to independently challenge complex mathematical and machine learning models •Excellent communication skills with ability to translate technical findings into executive insights •Authorized to work in the United States •Operational familiarity with the EU ESG Ratings Regulation (ERR) and its model governance, methodology transparency, disclosure requirements, and broader knowledge of model risk frameworks (e.g., SR 11-7, SR 26-2) •Relevant professional certifications (e.g., CFA, FRM) •Prior exposure to ESG data, sustainability frameworks (e.g., GRI, SASB, TCFD, ISSB/IFRS S1-S2), or ESG ratings methodology development or review •Strong intellectual curiosity, commitment to technical excellence, and ability to operate with integrity in a fast-paced environment Compensation: •$145,000 - $175,000 / year 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!