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MaxCohen
Topic Author
Posts: 511
Joined: June 13th, 2007, 2:44 pm

Model Control

April 11th, 2013, 7:41 am

Any body work in 'Model Control' in an IB and have an understanding of what the job entails and how quantitative it can be?
 
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DevonFangs
Posts: 3004
Joined: November 9th, 2009, 1:49 pm

Model Control

April 11th, 2013, 10:58 am

It's a rather generic term. It could go from model validation to more "governance" oriented positions, e.g. making sure the quants follow the procedures, the risk management's and model validation's recommendations are observed.
 
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tu160
Posts: 363
Joined: October 23rd, 2007, 1:14 pm

Model Control

April 13th, 2013, 6:13 pm

QuoteOriginally posted by: DevonFangsIt's a rather generic term. It could go from model validation to more "governance" oriented positions, e.g. making sure the quants follow the procedures, the risk management's and model validation's recommendations are observed.quants and traders Tails could be from very quantitative to no quantitative at all. In general should be less quantitative and more heavy on business knowledge in comparison with Model Validation.
Last edited by tu160 on April 12th, 2013, 10:00 pm, edited 1 time in total.
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