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Model Control

Posted: April 11th, 2013, 7:41 am
by MaxCohen
Any body work in 'Model Control' in an IB and have an understanding of what the job entails and how quantitative it can be?

Model Control

Posted: April 11th, 2013, 10:58 am
by DevonFangs
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.

Model Control

Posted: April 13th, 2013, 6:13 pm
by tu160
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.