Director Front Office Models, Capital Markets & Advisory

Citizens Financial Group•Boston, MA

1d•Onsite

About The Position

Citizens is seeking a Director, Front Office Models to join the Capital Markets platform in our Boston office. The Director is the accountable owner of all front office pricing, valuation, and risk models supporting Commercial Sales & Trading desks. This role ensures models are commercially effective, analytically robust, and fully compliant with internal governance and regulatory expectations. Acting as the front office authority on model design and application, the Director partners closely with Trading, Risk, COO, Finance, and Model Risk Management to enable accurate pricing, transparent risk measurement, and sustainable revenue generation.

Requirements

10+ years 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 (derivatives pricing, stochastic modeling, 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 with the ability to align modeling to business outcomes
Excellent communication skills with 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