Model Validation Specialist

Are you a Model Validation Specialist with well-developed quantitative skills? Are you experienced with IRB Models and EBA guidelines? Do you want to work for a leading International Bank? Then keep reading.

Your tasks:

• Validation of all aspects of Retail Credit Risk models, including new developments, model changes and periodic validations
• Challenging data processing, statistical and business soundness of the model and model performance
• Clear, precise and structured reporting of and defending the validation results
• Provide user feedback to improve the model risk framework, including the validation policies and procedures
• Presentation of independent model review of Retail Credit Risk Models to Model Governance Committee
• Maintain knowledge of model risk and regulatory requirements and standards
• Critically assess the operating environment in which models are being developed and deployed
• Liaison with the UK model validation team Presenting of validation results to the Bank’s Model Risk Committee

Your knowledge/experience:

• Qualification in a relevant subject (econometrics, statistics, maths, operational research), with knowledge of advanced statistical and analytical techniques. Holds at least a degree level qualification with quantitative content or equivalent skills derived from experience
• Credit risk model validation experience in an ECB or EU regulated institution
• Knowledge and understanding of regulatory modelling requirements for capital and accounting related credit risk models
• Experienced and competent in the use of SAS, SQL, Python or similar languages/packages.
• Solid knowledge of statistics and econometrics: modelling assumptions, model estimation, statistical model performance testing

Offer:

• A fulltime role (40 hour) with a market-salary and excellent secondary employee benefits.
• An international team with colleagues from more than 25 different countries
• Flat hierarchies and direct work with decision makers
• An excellent learning culture and opportunity to improve your professional competencies
• Different possibilities to flexibly organise your working hours
• Social benefits such as a company pension scheme, life insurance and capital formation contributions
• Easily accessible city centre offices, in the vicinity of many shops and restaurants to which you receive a discount

Are you interested in this role? Then apply as soon as possible.