Model Risk Management Quant, Associate/AVP – Market

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

• Assess the conceptual soundness and assumptions of pricing and risk models
• Test numerical accuracy, stress behaviour and implementation
• Review data quality and model performance monitoring
• Write findings for model governance and regulators
• Support internal audit and regulatory discussions

What they ask for

Required

• 2 to 5 years in financial services or equivalent academic work
• Model development or validation experience
• Market risk, pricing, stress testing or securitisation models
• Numerical or statistical tool
• Model risk regulation awareness
• Written communication

Preferred

• CFA or FRM
• Volcker rule and FRTB knowledge
• Experience with Murex, Calypso or similar

Education

Typically an advanced degree in maths, finance, computer science, statistics, operations research or economics.

Experience

2–5 years in financial services or equivalent academic experience

Markets

fixed-income, fx, options, credit

How to prepare

• Validate a simple pricing model (e.g. Black-Scholes) with independent code and convergence tests
• Learn the structure of a model validation report
• Study model risk guidance such as SR 11-7 style requirements
• Understand how securitisation and rates models are stress tested

What to study

• Quantitative Risk Management
• Derivatives Pricing and Computational Finance
• Fixed Income and Interest-Rate Models
• Professional Quant Practice

Apply

Read the full posting on MUFG’s site before applying: requirements, location and pay can change after we check them.

View the posting on MUFG’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with MUFG and doesn’t handle applications.

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