Director Front Office Models, Capital Markets & Advisory

Job-ID: 50126Category: Data & AnalyticsLocation: Boston, MA, United StatesSchedule: Full time, 1stPosted: 2026-10-29Closes: 2026-11-28Citizens is seeking a Director, Front Office Models to join the Capital Markets platform in our Boston office. The Director is the accountable owner of all front office pricing, valuation, and risk models supporting Commercial Sales & Trading desks. This role ensures models are commercially effective, analytically robust, and fully compliant with internal governance and regulatory expectations. Acting as the front office authority on model design and application, the Director partners closely with Trading, Risk, COO, Finance, and Model Risk Management to enable accurate pricing, transparent risk measurement, and sustainable revenue generation.Primary responsibilities includeOwn the end-to-end lifecycle of front office pricing, valuation, and risk models across Commercial Sales & Trading DesksServe as the front office authority on model design, methodologies, assumptions, and appropriate usageDevelop and enhance quantitative models to support trading, pricing, hedging, and risk analysisEnsure full compliance with internal model governance frameworks and regulatory requirementsLead model validation and defend models in engagements with Model Risk Management, Internal Audit, and regulatorsEvaluate model performance and implement enhancements aligned with market, product, and regulatory developmentsPartner cross-functionally with Trading, Market Risk, Counterparty Risk, Finance, and Technology to ensure alignment and scalabilityEnable pricing transparency, risk insight, and effective hedging to support revenue generation and balance sheet optimizationQualifications, Education, Certifications and/or Other Professional Credentials10+ years in front office quantitative modeling, risk analytics, or Capital MarketsDeep expertise in pricing and risk modeling across credit, fixed income, and structured productsProven experience owning front office models in a regulated environmentStrong experience engaging with Model Risk Management, Audit, and regulatorsAdvanced quantitative skills (derivatives pricing, stochastic modeling, numerical methods)Strong understanding of valuation, sensitivities, and risk measurement frameworksExperience with complex instruments, structured products, and embedded optionalityAbility to operate as a senior subject matter expert and influence across trading and control functionsStrong commercial acumen with the ability to align modeling to business outcomesExcellent communication skills with the ability to translate complex concepts to diverse stakeholdersDemonstrated ability to lead cross-functional initiatives in a dynamic environment#LI-Citizens1 Hours & Work ScheduleHours per Week: 40 +Work Schedule: Monday to FridayPay Transparency The salary range for this position is $200,000 to $300,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to, the budget, work location, and relevant skills and experience. ​We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit .About the companyEqual Employment OpportunityCitizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.Equal Employment and Opportunity EmployerJob Applicant Data Privacy PolicyBackground CheckAny offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.