Senior Model Validator Amsterdam
Do you have a lot of experience in financial mathematics? Did you have other roles in model validation? And do you want to develop yourself in a challenging environment? Then this might be something for you!
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Job description
Model Validation covers all risk models; for instance credit risk, market risk, counterparty credit risk, interest rate risk, liquidity risk and so on. On top of that, multiple other model categories are being validated. In the Banking Industry this is a unique setting. It will stretch your learning curve across a wide variety of modelling techniques, risk types, businesses and stakeholders. Furthermore, Model Validation performs as a centre of expertise by sharing knowledge on modelling, validation, model risk management and regulatory compliancy with all our stakeholders. The task of a Validator comes with a large amount of responsibility.
This responsibility also requires managing a wide range of key relationships of the Model Validation department such as;
- Senior (Risk) Management
- (Senior) Management in Business Lines Retail, Private, Commercial and Corporate & Institutional Banking;
- Model developers but also vendor model developers;
- Expertise Centres in Risk (like Basel Management);
- IT and other model implementation departments
- A wide range of users of (risk) models
- Internal Auditors;
- External Regulatory Bodies (like DNB, ECB).
Your working environment
Model Validation operates independently of the model development departments at this company to ensure the objectivity of the validation process. It covers the model risk dimensions of data, methodology, implementation and use. The outcome of the validation process affects every level of the organisation – from individual client acceptance to strategic decision making and steering. It is a vital team for assuring model driven decisions are of good quality. This responsibility is shared across the team of about 25 specialists in a very international and diverse environment. This diversity, in terms of cultural background, gender, academic and working experience creates an optimal blend. We value team players who are smart, persistent, take their role seriously and are committed to finish the job.
Requirements
Company Profile
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