Sustainability Model Validation Lead (VP)
Budapest, PE, Hungary
MSCI
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, we enable clients to understand and analyze key drivers of risk...Your Team Responsibilities
MSCI ESG Research is recognized as the global standard for providing sustainability signals, data, and insights. Our team plays a crucial role in developing robust and scalable methodologies that power ESG ratings and sustainability solutions, helping investors assess ESG risks and opportunities across thousands of companies worldwide.
Model validation is a key pillar of this effort, ensuring that our methodologies remain transparent, reliable, and aligned with the evolving needs of investors and regulators. As ESG regulations develop, we are expanding our focus on model validation, strengthening our capabilities in efficacy testing, implementation testing, and other quantitative validation techniques. While we have existing processes in place, we are looking to enhance and formalize our validation framework, particularly on the quantitative side, to support the continued credibility and robustness of our ESG models.
This team will work at the intersection of research, data science, and technology, collaborating closely with methodology developers, data engineers, and external stakeholders to implement best practices in model validation. By advancing our testing frameworks and validation tools, we aim to reinforce the integrity of our models and ensure they continue to meet the highest industry standards.
Your Key Responsibilities
- Lead the development and implementation of MSCI’s sustainability model validation framework, ensuring alignment with best practices and evolving regulatory expectations.
- Build and manage a small team responsible for model validation, fostering a culture of rigor, transparency, and continuous improvement.
- Design and execute quantitative validation techniques, including efficacy testing, implementation testing, and other quantitative performance assessments.
- Establish standardized processes for independent periodic reviews of our models, ensuring they remain robust, reliable, and fit for purpose.
- Collaborate with methodology development, data science, and technology teams to integrate validation tools and frameworks into the broader research infrastructure.
- Work closely with MSCI’s technical writing team to ensure clear and comprehensive documentation of validation methodologies—this team handles documentation as their primary responsibility, but you and your team will contribute technical inputs as needed.
- Engage with internal and external stakeholders, including regulators, to communicate validation methodologies, findings, and improvements.
- Identify areas for model enhancement and provide feedback to methodology teams based on validation insights.
- Stay informed on industry trends, regulatory developments, and best practices in model risk management to continuously refine MSCI’s validation approach.
- Contribute to thought leadership and internal knowledge-sharing on model validation topics.
Your skills and experience that will help you excel
- 7+ years of professional experience, with at least some of it in a quantitative model validation role.
- Proficiency in Python, with the ability to develop validation frameworks, conduct statistical tests, and analyze model performance.
- Master’s degree or PhD in finance, quantitative finance, financial mathematics, economics, mathematics, physics, statistics, or another quantitative field.
- Experience with sustainability models is a plus, but strong model validation expertise is the priority.
- Proven ability to assess model efficacy, conduct implementation testing, and apply quantitative validation techniques.
- Strong communication skills, with the ability to clearly explain technical concepts to both quantitative and non-quantitative stakeholders, including regulators.
- Experience in hiring, mentoring, and managing a team, with a leadership mindset and a collaborative approach.
- Familiarity with regulatory expectations around model risk and validation frameworks is an advantage.
About MSCI
What we offer you
- Transparent compensation schemes and comprehensive employee benefits, tailored to your location, ensuring your financial security, health, and overall wellbeing.
- Flexible working arrangements, advanced technology, and collaborative workspaces.
- A culture of high performance and innovation where we experiment with new ideas and take responsibility for achieving results.
- A global network of talented colleagues, who inspire, support, and share their expertise to innovate and deliver for our clients.
- Global Orientation program to kickstart your journey, followed by access to our Learning@MSCI platform, LinkedIn Learning Pro and tailored learning opportunities for ongoing skills development.
- Multi-directional career paths that offer professional growth and development through new challenges, internal mobility and expanded roles.
- We actively nurture an environment that builds a sense of inclusion belonging and connection, including eight Employee Resource Groups. All Abilities, Asian Support Network, Black Leadership Network, Climate Action Network, Hola! MSCI, Pride & Allies, Women in Tech, and Women’s Leadership Forum.
At MSCI we are passionate about what we do, and we are inspired by our purpose – to power better investment decisions. You’ll be part of an industry-leading network of creative, curious, and entrepreneurial pioneers. This is a space where you can challenge yourself, set new standards and perform beyond expectations for yourself, our clients, and our industry.
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.
MSCI Inc. is an equal opportunity employer. It is the policy of the firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender, gender identity, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy (including unlawful discrimination on the basis of a legally protected parental leave), veteran status, or any other characteristic protected by law. MSCI is also committed to working with and providing reasonable accommodations to individuals with disabilities. If you are an individual with a disability and would like to request a reasonable accommodation for any part of the application process, please email Disability.Assistance@msci.com and indicate the specifics of the assistance needed. Please note, this e-mail is intended only for individuals who are requesting a reasonable workplace accommodation; it is not intended for other inquiries.
To all recruitment agencies
MSCI does not accept unsolicited CVs/Resumes. Please do not forward CVs/Resumes to any MSCI employee, location, or website. MSCI is not responsible for any fees related to unsolicited CVs/Resumes.
Note on recruitment scams
We are aware of recruitment scams where fraudsters impersonating MSCI personnel may try and elicit personal information from job seekers. Read our full note on careers.msci.com
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Economics Excel Finance Mathematics PhD Physics Python Research Security Statistics Testing
Perks/benefits: Career development Flex hours Health care Parental leave
More jobs like this
Explore more career opportunities
Find even more open roles below ordered by popularity of job title or skills/products/technologies used.