Liquidity Model Validation

Permanent contract|New York|Risks

Liquidity Model Validation

New York, United States Permanent contract Risks


Your primary role, as part of the second Line of Defense on liquidity models, is to review the first Line of Defense modeling proposal. This includes, but not limited to, the following:

  • Identify key liquidity risk factors

  • Evaluate soundness of liquidity model choices

  • Challenge model assumptions and limitations

  • Challenge model implementation: perform independent checks to ensure model is implemented and working as intended, review sensitivity analysis and tests performed, review controls and procedures put in place

  • Perform independent tests on the models (statistical tests, coherence tests, benchmarking, etc)

  • Write validation reports comprising tests performed, validation conclusions and recommendations addressed to the first line of defense

  • Evaluate recommendation remediations and opine on sufficiency

This role requires working closely with the Liquidity Risk Officer and the Group liquidity model validation team.

The role also requires interactions with different functions as part of the first line of defense (Finance, Treasury, IT teams, Front Office…) and the third part of defense (Audit) in order to prepare for the validation of the models under regulatory standards and for continuous review and monitoring of the liquidity models.

This role also requires frequent communications to internal validation committees composed of senior level experts in the bank. As such, oral and written communication skills are important.

Profile required


  • Strong analysis skills, especially liquidity risk management topics.

  • Strong ability in statistics and data analysis programs (Python, R, VBA and etc).

  • Strong reasoning and communication skills.

  • Understanding banking and market products, risk methodologies, practices and procedures, liquidity risk management principles.


  • Valuable experience within a similar area (liquidity risk management position, validation under SR11-7 of liquidity models, ALM experience…)

  • 3+ years of working experience in finance industry is preferable.



  • MS in Finance/Engineering or similar field



  • English



Business insight

The Market Risk Department of Société Générale in New York contains a quantitative Model Validation Team. This team acts as second Line of Defense and is responsible for the validation of pricing and liquidity models. The scope of this role is liquidity models validation.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000PSC
Starting date: 2022/10/24
Publication date: 2022/09/09