Director, Model Risk Management

This a Full Remote job, the offer is available from: United States Job Summary JOB DESCRIPTION The Director, Valuation & Capital Markets Analytics (VCMA) – Quantitative Financial Advisory Solutions (QFAS), is responsible for leading and delivering complex Model Risk Management (MRM) engagements across the full project lifecycle—from proposal development through execution and completion. This role will oversee the management of MRM assignments, guide and develop team members, and ensure the highest quality of client service. In addition, the Director will contribute to business development initiatives, strengthen client relationships, and support appraisal and review activities that enhance the growth of the practice. Job Duties • Executes the office’s business development plan in collaboration with the MRM team, building and maintaining relationships with key executives and stakeholders to support growth across business lines and industries • Leads and manage MRM services across a wide range of model families, including: • Credit Risk Models: CECL, Basel, CCAR, loss forecasting, and stress testing • Market & Balance Sheet Models: Valuation models and Asset Liability Management (ALM) models • Compliance & Monitoring Models: BSA/AML compliance and fraud detection • Oversees engagements from initiation to completion, including project setup, administrative coordination, team management, client communications, and presentations • Critically reviews model functionality, evaluating methodologies and assumptions, and documenting conclusions • Ensures quality controls, regulatory expectations, and BDO risk management procedures are consistently adhered to in all client deliverables • Actively participates in internal and external client meetings, contributing to project execution, knowledge sharing, and relationship building • Other duties as required Supervisory Responsibilities • Supervises the day-to-day workload of VCMA – QFAS staff on assigned engagements, reviewing work products for accuracy, completeness, and quality • Ensures staff are trained on relevant models, methodologies, and best practices to strengthen technical capabilities • Evaluates staff performance, provide constructive feedback, and assist in setting professional development goals and objectives • Delivers periodic feedback and complete formal performance evaluations in a timely manner • Serves as Career Advisor and mentor to designated staff, supporting career growth, professional development, and engagement within the practice Education Qualifications, Knowledge, Skills, and Abilities: • Bachelor’s degree, required • Master’s degree and PhD, with a focus in Finance, Financial Engineering, Actuarial Science, Risk Management, Mathematics, Computer Science, Statistics, Economics, preferred Experience • Fifteen (15) or more years of experience within financial institution, finance regulators, independent advisory firms, banks, or other financial services firm, required • Experience with managing a team of model developers or validators, required; Head of model development department or model validation department, preferred • Experience in developing, validating or auditing a variety of models including but not limited to valuation models, CCAR/CCEL/BASEL loss forecasting, stress testing and other credit risk models, BSA/AML compliance models, Fraud, Asset Liability Management (ALM) models, etc., required • A combination of industry experience with hands on knowledge of different vendor models and advisory experience with proven track record of practice development, required • Expertise in understanding the model risk management regulatory landscape, such as SR 11-7, required License/Certifications: • CFA, FRM, QRM, ASA or other valuation industry credentials, preferred Software • Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint, and Word, required • Prior experience with Capital IQ or Bloomberg, required • Prior experience with programming languages such Macro/VBA, R, Python, SAS, SQL, and other industry software, required Other Knowledge, Skills, & Abilities • Superior verbal and written communication skills • Superior analytical and research skills • Solid organizational skills, especially the ability to meet project deadlines with a focus on details • Ability to successfully multi-task while working independently or within a group environment • Ability to work in a deadline-driven environment and handle multiple projects simultaneously • Ability to effectively manage a team of valuation professionals and delegate work assignments as needed • Capacity to build and maintain strong relationships with internal and client personnel • Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel • Executive presence and ability to act as primary contact on assigned engagements • Ability to successfully interact with professionals at all levels • Ability for intermittent travel within the US and internationally Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography. National Range: $260,000 - $300,000 Maryland Range: $260,000 - $300,000 NYC/Long Island/Westchester Range: $260,000 - $300,000 About Us Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. We Are Committed To Delivering Exceptional Experiences To Middle Market Leaders By Sharing Insight-driven Perspectives, Helping Companies Take Business As Usual To Better Than Usual. With Industry Knowledge And Experience, a Breadth And Depth Of Resources, And Unwavering Commitment To Quality, We Pride Ourselves On • Welcoming diverse perspectives and understanding the experience of our professionals and clients • Empowering team members to explore their full potential • Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities • Celebrating ingenuity and innovation to transform our business and help our clients transform theirs • Focus on resilience and sustainability to positively impact our people, clients, and communities • BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more! • Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. "BDO USA, P.A. is an EO employer M/F/Veteran/Disability" This offer from "BDO USA" has been enriched by Jobgether.com and got a 72% flex score. Apply tot his job Apply To this Job