Director Front Office Models, Capital Markets & Advisory
About The Position
Citizens is seeking a Director, Front Office Models to join its Capital Markets platform in the Boston office. The Director is accountable for all front office pricing, valuation, and risk models supporting Commercial Sales & Trading desks. The role ensures models are commercially effective, analytically robust, and compliant with internal governance and regulatory expectations. As the front office authority on model design and application, the Director partners with Trading, Risk, COO, Finance, and Model Risk Management to enable accurate pricing, transparent risk measurement, and sustainable revenue generation.
Requirements
- 10+ years of experience in front office quantitative modeling, risk analytics, or Capital Markets.
- Deep expertise in pricing and risk modeling across credit, fixed income, and structured products.
- Proven experience owning front office models in a regulated environment.
- Strong experience engaging with Model Risk Management, Audit, and regulators.
- Advanced quantitative skills, including derivatives pricing, stochastic modeling, and numerical methods.
- Strong understanding of valuation, sensitivities, and risk measurement frameworks.
- Experience with complex instruments, structured products, and embedded optionality.
- Ability to operate as a senior subject matter expert and influence across trading and control functions.
- Strong commercial acumen and ability to align modeling with business outcomes.
- Excellent communication skills, including the ability to translate complex concepts to diverse stakeholders.
- Demonstrated ability to lead cross-functional initiatives in a dynamic environment.
Responsibilities
- Own the end-to-end lifecycle of front office pricing, valuation, and risk models across Commercial Sales & Trading desks.
- Serve as the front office authority on model design, methodologies, assumptions, and appropriate usage.
- Develop and enhance quantitative models to support trading, pricing, hedging, and risk analysis.
- Ensure full compliance with internal model governance frameworks and regulatory requirements.
- Lead model validation and defend models in engagements with Model Risk Management, Internal Audit, and regulators.
- Evaluate model performance and implement enhancements aligned with market, product, and regulatory developments.
- Partner cross-functionally with Trading, Market Risk, Counterparty Risk, Finance, and Technology to ensure alignment and scalability.
- Enable pricing transparency, risk insight, and effective hedging to support revenue generation and balance sheet optimization.
Benefits
- Competitive pay
- Comprehensive medical coverage
- Dental coverage
- Vision coverage
- Retirement benefits
- Maternity and paternity leave
- Flexible work arrangements
- Education reimbursement
- Wellness programs
- Paid time off that exceeds mandatory paid sick or paid time-away policies in local and state jurisdictions in the United States
- Opportunity to earn an annual discretionary bonus
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
