At a Glance
- Tasks: Lead AI model risk management and validate credit rating models with innovative techniques.
- Company: Join Moody's Corporation, a global leader in risk assessment and AI transformation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative team environment focused on trust, growth, and ethical AI practices.
- Why this job: Make a real impact in the world of finance and AI while fostering innovation.
- Qualifications: 10+ years in quantitative finance, strong AI expertise, and leadership skills required.
The predicted salary is between 90000 - 110000 £ per year.
hackajob is partnering directly with Moody's Corporation to hire for this role. At Moody's, we unite the brightest minds to turn today's risks into tomorrow's opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are - with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways. Moody's is transforming how the world sees risk. As a global leader in ratings and integrated risk assessment, we're advancing AI to move from insight to action - enabling intelligence that not only understands complexity but responds to it. We decode risk to unlock opportunity, helping our clients navigate uncertainty with clarity, speed, and confidence.
If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.
Skills and Competencies
- A deep understanding of quantitative finance, modeling, and model validation, coupled with practical experience is required, along with a good understanding of financial products and markets.
- A deep understanding of AI model risk management, including risks and controls specific to Generative AI and Agentic AI, and their implications for model validation and governance.
- Deep expertise in artificial intelligence, with a track record of implementing advanced AI solutions to drive strategic transformation and operational efficiency.
- Strong experience using AI tools to lead innovation initiatives.
- Demonstrated leadership in managing AI-related risks, ensuring ethical governance, and fostering a culture of responsible AI adoption across the organization.
- The ability to articulate complex ideas fluently and clearly.
- Proficiency in programming languages such as R, Python, MATLAB, and SQL, with the ability to work within an established code base. Knowledge of C++ programming is preferred.
- Previous experience in model validation and development, particularly in areas such as credit risk, counterparty credit risk, or market risk is necessary.
- Candidates should be adept at handling model validation assignments with minimal supervision.
- 10+ years of experience in model development, validation, and risk analytics is necessary.
Responsibilities
- The role involves validating models, scorecards and agents used in the context of credit rating activities across asset classes as well as AI model risk management and development.
- Execute and lead independent validation reviews of credit rating models, scorecards, including hands on assessment of inputs, assumptions, conceptual soundness, performance, and limitations.
- Lead AI model risk management activities end to end, including identification, assessment, and mitigation of risks specific to GenAI and agentic AI.
- Design and deliver complex validation analyses, including model replication, challenger development, sensitivity testing, benchmarking, and ad hoc quantitative investigations.
- Own validation outputs end to end, from test plan design through clear, concise validation reporting and effective challenge of model developers.
- Develop AI model risk management capability within MRG, mentoring validators, developing GenAI and Agentic AI expertise, and actively contributing as a subject matter expert across analytical and methodology teams.
- Drive rigorous execution standards and culture, promoting effective challenge, continuous improvement, and practical application of model risk frameworks and policies.
About the team
The MRG Quantitative Review team independently reviews and validates quantitative models and scorecards that support credit ratings. It notably assesses whether these tools are conceptually sound, appropriately calibrated, and fit for purpose, and that they operate in line with approved methodologies and governance standards.
Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
Vice President - Modeling and Quant Analytics - MRG in London employer: All The Top Bananas
At Moody's Corporation, we pride ourselves on being an exceptional employer that fosters a culture of inclusivity and innovation. Our commitment to employee growth is evident through our focus on mentorship and the opportunity to work with cutting-edge AI technologies in a dynamic environment. Located in a vibrant city, we offer competitive benefits and a collaborative atmosphere where every team member can thrive and contribute to transforming how the world sees risk.
