Model Risk Analyst
Wrocław Model Risk Analyst
Wrocław
NR REF.: 1128771
Model Risk Analyst
Your new company
A global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. A leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.
Your new role
As a Specialist (Model Risk Analyst) you will contribute to highly visible enterprise-wide model validation function in the organization.
The models make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis. The role will be to execute enterprise standards for model validation.
Responsibilities
• You will be focused mainly on a Credit Risk Modeling, although you might take on some responsibilitiesrelated to a different type of modeling.
• You will be responsible for identifying and evaluating model risk and propose controls to manage that risk. This will entail following the scope of a validation effort and executing tests and reviews.
• Execute enterprise standards for model validation by applying techniques and methodologies to test assumptions and review outcomes of a model. Tests and reviews align to the validation scope established by more senior colleagues.
• Subsequent to the validation of a model, the incumbent is expected to lead projects that automate prior testing, allowing risk to be assessed on a dynamic basis.
• You may be required to construct shadow models that run alongside those in production, allowing Model Risk Management to monitor performance in real time.
• No formal supervisory responsibility. Primarily responsible for the accuracy and quality of own work.
What you'll need to succeed
• Master's Degree/PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, econometrics.
• Superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills.
• 0-2 years of experience in Risk Management
• Must have experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as C/C++, C#, Java, FORTRAN, MATLAB, SAS) as well as mathematical/statistical software packages.
• Must be extremely focused, detail oriented, results oriented and highly productive.
• Must have a proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time.
• Must have excellent scientific and technical documentation and presentation skills, assertiveness & influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language.
What you'll get in return
• Full time contract of employment
• Competitive salary
• Pension scheme
• Health & Life Insurance
• Private Medical Care
• Multisport card / Cinema Tickets / Nursery subsidy (optional)
• Casual dress code
• Employee discounts
• Supporting career growth through internal mobility
• Professional training and development plans (incl. language courses and mentoring)
• Opportunities to engage in Employee Resource Groups (Women in IT, Sustainability, Charity, Sports Committee and others)
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.
Wrocław
NR REF.: 1128771
Model Risk Analyst
Your new company
A global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. A leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.
Your new role
As a Specialist (Model Risk Analyst) you will contribute to highly visible enterprise-wide model validation function in the organization.
The models make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis. The role will be to execute enterprise standards for model validation.
Responsibilities
• You will be focused mainly on a Credit Risk Modeling, although you might take on some responsibilitiesrelated to a different type of modeling.
• You will be responsible for identifying and evaluating model risk and propose controls to manage that risk. This will entail following the scope of a validation effort and executing tests and reviews.
• Execute enterprise standards for model validation by applying techniques and methodologies to test assumptions and review outcomes of a model. Tests and reviews align to the validation scope established by more senior colleagues.
• Subsequent to the validation of a model, the incumbent is expected to lead projects that automate prior testing, allowing risk to be assessed on a dynamic basis.
• You may be required to construct shadow models that run alongside those in production, allowing Model Risk Management to monitor performance in real time.
• No formal supervisory responsibility. Primarily responsible for the accuracy and quality of own work.
What you'll need to succeed
• Master's Degree/PhD in a quantitative discipline, including engineering, mathematics, physics, statistics, econometrics.
• Superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills.
• 0-2 years of experience in Risk Management
• Must have experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as C/C++, C#, Java, FORTRAN, MATLAB, SAS) as well as mathematical/statistical software packages.
• Must be extremely focused, detail oriented, results oriented and highly productive.
• Must have a proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time.
• Must have excellent scientific and technical documentation and presentation skills, assertiveness & influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language.
What you'll get in return
• Full time contract of employment
• Competitive salary
• Pension scheme
• Health & Life Insurance
• Private Medical Care
• Multisport card / Cinema Tickets / Nursery subsidy (optional)
• Casual dress code
• Employee discounts
• Supporting career growth through internal mobility
• Professional training and development plans (incl. language courses and mentoring)
• Opportunities to engage in Employee Resource Groups (Women in IT, Sustainability, Charity, Sports Committee and others)
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.
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