This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
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.
Job Responsibility
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
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