Associate Director
TIAA
APAC/Oceania, India, Mumbai
Oops! You need to have an account to use this feature
Sign up to access features including all filters, job matching, dashboard, apply service, etc.
Compatibility Score
Compatibility Score / Job Matching
This unique feature shows a score indicating how closely this job matches the preferences you set in your profile.
Access to this feature requires signing up.
Salary
Rank
Director
Responsibility
Process Roles
Scope
Regional
Workplace
100% in office
Functions
Finance
Reports to
Level
N-3
Travel Max:
0%
Posting Date
03-09-2025
Description
This job conducts independent validations of mathematical and statistical models covering a wide range of financial, economic and actuarial instruments, to minimize risk to the organization. This job contributes to quantitative risk management strategy implementation
Key Responsibilities
- Implements quantitative analysis methods and related technology-based tools to analyze data in order to effectively monitor, measure, and manage investment risks.
- Performs thorough model testing and validation procedures, including back-testing, sensitivity analysis, stress testing, and scenario analysis.
- Documents validation findings, including strengths, weaknesses, limitations, and recommendations for model enhancements or remediation actions.
- Communicates validation results and recommendations to key stakeholders, including model owners, senior management, risk committees, and regulatory authorities.
- Collaborates with model developers, quantitative analysts, risk managers, and other stakeholders to address validation findings and implement model improvements.
- Liaises with business to explain newly developed models and how to limit risk
Qualification & Requirements
Educational Requirements
- University (Degree) Preferred
Work Experience
- 5+ Years Required; 7+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
- 9IC
Related Skills
- Advanced Mathematics
- Communication
- Critical Thinking
- Data Analysis
- Financial Acumen
- Financial Modeling
- Market/Industry Dynamics
- Model Validation
- Prioritizes Effectively
- Problem Solving
- Programming
- Quantitative Analysis
- Statistics
Benefits
No information available.
Company Profile
TIAA
Industry
Financial Services
Revenue
$40.5B
Employees
17,000
Fortune 500 Rank
#96
Global 500 Rank
#333
Clicking the link below will open a new window in your browser where you can apply directly to this role. Please check out our Pricing Plans if you’d like us to apply to jobs on your behalf.
