Head of Model Review and Governance.

Head of Model Review and Governance

Millennium is seeking a Head of Model Review and Governance to oversee the review and governance framework of pricing models used to value positions held within the fund.

The successful candidate will work closely with asset-class specialists, risk management teams, and technology to develop and maintain robust model review and testing standards. This role offers the opportunity to lead a critical function within the Portfolio Pricing and Valuations group, ensuring the accuracy and robustness of pricing models that underpin the firm's activities.

Job Responsibilities

• Coordinate model review activities across asset-class specialists to ensure consistent and rigorous validation of pricing models.
• Lead and run Model Validation Working Groups, facilitating discussions and decision-making on pricing-related issues.
• Ensure that all model testing is thoroughly documented and compliant with internal governance standards.
• Maintain and update the inventory of pricing models used to value positions held by the fund, ensuring proper version control and documentation.
• Act as a subject matter expert on pricing models and their governance, providing support and guidance to internal stakeholders.
• Continuously evaluate and improve the model governance framework to align with industry best practices.

Qualifications