Vice President - Model Risk Management
About The Position
Tradeweb is seeking a Risk Management Vice President to support its Model Risk Governance and Model Management framework. Reporting to the Head of Financial Risk, the successful candidate will help manage day-to-day governance activities for models, calculation engines, pricing logic, analytics and related technology changes that may impact external-facing customer pricing or trading workflow outputs. This role will work closely with Development, Product, Technology, Quantitative Analytics, Risk and other internal stakeholders. The individual will help ensure proposed changes are reviewed through the appropriate governance process, supported by clear documentation and testing evidence, and remain within the defined parameters of Tradeweb's model risk governance program. The role is well suited to a candidate with practical quantitative and technology fluency, strong governance discipline and the ability to work directly with technical teams to understand calculation logic, ask informed questions, review testing evidence and escalate control concerns. The successful candidate should be comfortable translating technical issues into clear risk and control considerations for Financial Risk management and governance forums.
Requirements
- BA/BS degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, Information Systems, Business or a related discipline.
- 4-7 years of relevant experience in model governance, model validation, risk management, technology risk, product control, software delivery oversight, data analytics, financial technology or a related financial services role.
- Quantitative aptitude with the ability to understand calculation logic, assumptions, inputs, outputs, limitations and testing results at a practical review level.
- Technology fluency, including comfort discussing systems, data flows, development processes and code or configuration changes with technical teams.
- Experience working with developers, product owners, technology teams or business stakeholders to support controlled change delivery.
- Ability to review documentation and testing evidence, identify gaps, ask informed questions and escalate issues appropriately.
- Strong organizational, written and verbal communication skills, with the ability to manage multiple reviews and summarize technical topics for risk management and business stakeholders.
- Strong attention to detail, sound judgment and ability to challenge constructively while maintaining effective working relationships.
- Financial services, fintech, trading, market data, risk management or regulated technology environment experience.
Nice To Haves
- Exposure to pricing, valuation, trading analytics, fixed income products, market data, electronic trading or customer-facing financial technology outputs.
- Prior involvement with model inventories, governance committees, change management forums, release governance, audit remediation or internal control programs.
- Experience with technology infrastructure, software development lifecycle controls, data lineage, production support or application control processes.
- Exposure to AI, machine learning, large language models, generative AI or agentic workflows from a governance, controls, risk or technology perspective.
- Ability to read code or query data at a basic to intermediate level; experience with tools such as Python, SQL, Tableau, Power BI, Jira, Confluence or similar platforms is helpful but not required.
- Experience preparing dashboards, metrics, management reporting, workflow documentation or process improvement materials.
Responsibilities
- Support the day-to-day operation of Tradeweb's model risk governance and model management framework.
- Maintain model governance records, including model inventory information, risk classifications, review status, documentation, approvals, open issues and remediation actions.
- Work with Development and Product teams to understand new or amended calculation engines, pricing logic, analytics, data inputs, assumptions, dependencies and customer-facing impacts.
- Help ensure model and calculation engine changes follow established governance standards for documentation, review, testing, approval, implementation and ongoing monitoring.
- Review validation and testing evidence at an appropriate level, including the reasonableness of test approach, coverage of key scenarios, evidence quality and traceability to the proposed change.
- Challenge model owners, developers and product teams where documentation, testing or governance evidence is incomplete, unclear or inconsistent with required standards.
- Perform high-level review of implementation logic, code or configuration summaries, data flows and controls to assess whether proposed changes are consistent with approved requirements.
- Escalate material issues, control gaps or delays to the Head of Financial Risk and relevant governance forums.
- Prepare concise reporting on model inventory status, review activity, open findings, remediation progress and emerging model governance themes.
- Support governance review of AI, machine learning, generative AI or agentic workflow use cases where applicable, with focus on use case purpose, controls, oversight, documentation and monitoring.
Benefits
- Health Insurance: Highly competitive medical, dental, and vision programs
- Hybrid Environment: Our employees have the flexibility of working in the office and from home.
- Health Care and Dependent Care Flexible Spending Accounts: You may elect to set aside pre-tax earnings to pay for eligible health care and dependent day care expenses for you and your eligible family members.
- Maven Family Building Benefit: Maven offers support for fertility and preconception; pregnancy and post-partum; adoption; surrogacy and pediatrics for children up to age 10. Tradeweb provide a $10,000 lifetime reimbursement towards fertility, egg freezing, adoption and surrogacy expenses.
- Building Wealth - 401(k) Savings Plan: Employees are immediately eligible for the 401(k) plan. Participants may contribute up to 75% of eligible compensation into a traditional 401(k) and/or Roth 401(k). Tradeweb will match 100% of the first 4% of compensation that you contribute.
- Pre-Tax Commuter Benefits Program
- ARAG Legal Services
- Employee Assistance Program
- Tuition Reimbursement
- Financial Wellness Tools
- Travel Assistance Benefits
- Pet Insurance
- Corporate Gym Subsidies
- Wellness Perks
- Paid Time Off and Parental Leave
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What This Job Offers
Job Type
Full-time
Career Level
Manager
