Destava

Associate Principal, Model Risk Management, Validation

The Options Clearing is hiring for Associate Principal, Model Risk Management, Validation in Chicago - 125 S Franklin. Hybrid, Staff level, $111k–$156k a year stated. First seen November 4, 2026; open as of November 9, 2026. Jobs taken straight from company career pages — no aggregator in between.

Save to applyRead more and apply on The Options Clearing's site

With Destava: How well do you fit? · Tailor my résumé · Write a cover letter

Company
The Options Clearing
Where
Chicago - 125 S Franklin
Arrangement
Hybrid
Level
Staff
Pay stated
$111k–$156k a year
First seen
November 4, 2026
Listed via
Workday

What the posting says

Duties: Responsible for one or more functions within Model Risk Management (MRM) to analyze model risk across pricing, margin, clearing fund, stress testing and liquidity models. Collaborate with MRM staff and other teams reporting to the Chief Risk Officer, including, data & technology staff. Conduct independent reviews to assess model risk and associated remediations. Design and implement benchmark models and model-testing tools, including backtesting, using best industry practices and innovations. Write and review validation documentation. Perform model performance testing, including…

Read more and apply on The Options Clearing's site

This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.