Director, Model Risk Management

We are partnering with a leading global asset manager to hire a Senior Manager / Director within Model Risk Management.

This is a high-impact role within the second line of defence, focused on leading the independent validation and challenge of quantitative models used across a large-scale asset management platform. The firm is investing heavily in this area under new leadership, creating a strong opportunity to shape model risk frameworks specific to investment strategies, influence best practices, and work closely with front-office portfolio management and research teams.

You will gain broad exposure across asset classes, including equities, fixed income and multi-asset strategies, as well as increasing use of advanced analytics and machine learning, while also having the scope to build and lead a team.

Responsibilities:

• Lead independent validation of asset management models across asset allocation, portfolio construction, alpha signals, trading and performance
• Provide robust challenge on model assumptions, methodologies, data and implementation within an investment context
• Deliver high-quality validation reports aligned with internal governance and regulatory expectations
• Contribute to the development and enhancement of model risk frameworks tailored to asset management activities
• Identify emerging risks across investment models and escalate where appropriate

Candidate profile:

• Strong experience in model validation or model development within asset management or investment banking (with asset management exposure)
• Hands-on quantitative background with direct exposure to investment or portfolio models
• Experience across asset classes such as equities, fixed income or multi-asset strategies
• Strong programming capability (Python or similar)
• Quantitative academic background preferred (PhD or equivalent)

This is an opportunity to join a growing, strategically important function at a pivotal stage of its development, with the chance to directly influence model risk practices across a global asset management business.