VP: XVA Model ValidationA major global Investment Bank is seeking a VP to model risk manage and validate XVA models for Trading & Hedges. The role holder will review model assumptions, verify the mathematical formulation, independently implement the business model when needed, develop benchmark models to conduct effective challenge, and assess & quantify model limitations to inform various stakeholders of model risk to determine compensating controls. Therefore, this position will involve significant internal & external stakeholder management; facing-off to the business, development group, risk management, model governance and also the Regulator.Experience & skills required:Higher degree in a quantitative discipline - e.g. maths, quantitative finance, computer science, physics etc.)Strong derivatives pricing skills & CVA modellingCoding in C++ / Python / MatlabNumerical techniques & stochastic processesExcellent communication skillsThis is an excellent opportunity to join a high-perfomring team within a well-reputed and expanding organisation.To register your interest, please apply immediately.