Risk Analyst – Model Validation (f/m/d)

Job Detail

Career Level Manager
Experience 3 Years
Industry Banking
Qualifications Master’s Degree

Job Description

Job details

Job description

Your area of work:
Model Validation provides independent effective challenge of models, applying financial theory and quantitativemethods. We define validation guidelines, develop appropriate validation methods, employ validation instrumentson a regular basis and perform ad hoc model reviews in light of a changing regulatory environment and marketconditions.
Your responsibilities:
Develop appropriate quantitative and qualitative validation methods including potential outcomes and theirimpact
Participate in the initial validation of new and/or changed models
Define and track Model Validation findings and work on potential recommendations to the model owner
Maintain the model inventory of the different legal entities
Assess the adequacy and robustness of risk models on a regular basis and prepare regulatory submissions
Deliver model validation analysis and reports in support of senior management & committee review andchallenge of the risk position
Your profile:
You have completed your university degree in (Financial-)Mathematics, Computer Science, Physics, or anyother quantitative discipline
You gained first relevant professional experience in risk management, ideally in Model Validation or ModelDevelopment
You have sound knowledge and first practical experience in one or more of the fields Credit Risk, Market Riskand Operational Risk,
quantitative (risk) modelling (Monte Carlo-Simulation, statistics, econometrics,…), ICAAP,ILAAP and Financial Regulations
You have good technical knowledge and (object-oriented) programming skills, ideally in Python
You are an efficient team player with good communication skills
Proficiency in written and spoken English; French/German language skills will be an asset as well as the abilityto clearly present complex topics in plain terms