(Medior) Model Validator - Retail bank

Amsterdam Permanent

Added 30/11/2021

  • Help mature Model Validation within a - soon to become - ECB supervised bank
  • Candidate needs an EU passport/working permit

About Our Client

An internationally active FS company, active in more than 30 countries.

Job Description

  • Validation of new models and existing models in the domain of credit risk, asset risk, market risk, operational risk and other risk domains.
  • Assessment of model methodology
  • Quantitative analysis on data used in the model and analysis of model performance.
  • Replication of key results and reporting the model validation results.
  • End-to-end management of a validation project including setting up project planning.
  • Verify if models are in line with internal model standards as well as external regulations/guidelines.
  • Support junior validators
  • Present validation results to senior management/risk committees
  • Support reporting to and communication with the regulator



Model validation acts as a centre of expertise by sharing knowledge on modelling, validation, model risk management and regulatory compliancy with all our stakeholders.

The Successful Applicant

  • Preferred 2-5 years of work experience in model validation and/or quantitative analysis.
  • Experience in validation of regulatory models (ECB, EBA, CRD, IFRS).
  • Quantitative academic education in a relevant field like mathematics, statistics, econometrics or physics.
  • Proficient in one or more of the following - statistics, financial mathematics, stochastic calculus and/or machine learning.
  • Experienced in modern programming languages (e.g. Python,R).
  • Thorough knowledge of regulatory requirements.
  • Able to effectively communicate to a wide range of stakeholders.
  • Able to work under high pressure.
  • Strong analytic skills and advanced interpersonal and communicative skills.

What's on Offer

- a competitive remuneration package.

Contact
Rogier Jansen
Quote job ref
JN-112021-4542026

Job summary

Jobs by location
Contract Type
Consultant
Rogier Jansen
Job Reference
JN-112021-4542026