Senior Specialist Model Development Machine Learning
Wroclaw Senior Specialist Model Development Machine Learning
Wroclaw
NR REF.: 1134400
Your new company
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
The Enterprise Risk Analytics team (based in New York and Wroclaw) is a quantitative modeling team whose mandate is to develop solutions (frameworks, models, tools) to enterprise-wide analytical problems to inform strategic decision making.
Examples of current and past projects include the development and implementation of an Early Warning Indicators framework and system, the development and implementation of a Risk-adjusted profitability framework and calculator capturing leverage, liquidity and capital and the development of a Risk Materiality framework & calculator to support the Risk Identification & Materiality assessment process used in Enterprise-wide Stress-testing. The longer-term mandate of the team includes the development of a framework & Machine Learning models to forecast the Enterprise Risk profile of the bank.
The Senior Specialist based in Wroclaw will contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business or Risk area. 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 corporate-wide standards for model development. The incumbent will be responsible for leading work to identify problems that can be solved by the application of financial theory and the building of models which improves the firm's operations. This will entail investigating and selecting frameworks best suited to solve a problem and deciding on the scope of the solution.
Primary Responsibilities:
• Execute corporate-wide standards for model development, by setting the scope of a development effort. This entails determining the frameworks that will be used, the source data that should be collected, assumptions that must be made, and the outcomes that need to be reviewed. Execute corporate-wide standards for model development, by setting the scope of a development effort. This entails determining the frameworks that will be used, the source data that should be collected, assumptions that must be made, and the outcomes that need to be reviewed.
• Evaluate the strengths and weaknesses of framework options and identify which is most likely to meet the needs of the business.
• Reviews accuracy of reports and calculations performed by less experienced colleagues;
• Ensure proper model documentation is being put in place.
• Support the validation of models; the incumbent is expected to provide testing and analysis at the request of Model Risk Management.
• Support the use of models; the incumbent is expected to execute models in accordance with approval conditions and communicate results to management.
• Performance monitoring of models, identifying possible deteriorating by comparing outcomes to established thresholds.
Leadership:No direct reports; provides guidance to more junior analysts.
What you'll need to succeed
Education
Master’s Degree/PhD in a quantitative discipline, including Finance, Mathematics, Statistics, Physics, Economics.
Experience/Skills
The candidate must have
• a superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills
• minimum 2 years (2 - 5 preferred) of modeling experience in financial services
• previous experience with development of machine learning models
• proficiency in SQL and experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as MATLAB, Python, R) as well as mathematical/statistical software packages.
• 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.
• attention to detail, inquisitive and a high level of accuracy.
What you'll get in return
What we can offer you:
• Full time contract of employment
• Competitive salary
• Health & Life Insurance
• Multisport card / Cinema Tickets / Nursery subsidiary
• Pension scheme
• Excellent opportunities for training, growth and professional development
• Opportunities to engage in diverse projects due to growth of business migrations
• A multitude of opportunities to get involved in additional charity projects
• A collaborative culture and great teams
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.
Wroclaw
NR REF.: 1134400
Your new company
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
The Enterprise Risk Analytics team (based in New York and Wroclaw) is a quantitative modeling team whose mandate is to develop solutions (frameworks, models, tools) to enterprise-wide analytical problems to inform strategic decision making.
Examples of current and past projects include the development and implementation of an Early Warning Indicators framework and system, the development and implementation of a Risk-adjusted profitability framework and calculator capturing leverage, liquidity and capital and the development of a Risk Materiality framework & calculator to support the Risk Identification & Materiality assessment process used in Enterprise-wide Stress-testing. The longer-term mandate of the team includes the development of a framework & Machine Learning models to forecast the Enterprise Risk profile of the bank.
The Senior Specialist based in Wroclaw will contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business or Risk area. 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 corporate-wide standards for model development. The incumbent will be responsible for leading work to identify problems that can be solved by the application of financial theory and the building of models which improves the firm's operations. This will entail investigating and selecting frameworks best suited to solve a problem and deciding on the scope of the solution.
Primary Responsibilities:
• Execute corporate-wide standards for model development, by setting the scope of a development effort. This entails determining the frameworks that will be used, the source data that should be collected, assumptions that must be made, and the outcomes that need to be reviewed. Execute corporate-wide standards for model development, by setting the scope of a development effort. This entails determining the frameworks that will be used, the source data that should be collected, assumptions that must be made, and the outcomes that need to be reviewed.
• Evaluate the strengths and weaknesses of framework options and identify which is most likely to meet the needs of the business.
• Reviews accuracy of reports and calculations performed by less experienced colleagues;
• Ensure proper model documentation is being put in place.
• Support the validation of models; the incumbent is expected to provide testing and analysis at the request of Model Risk Management.
• Support the use of models; the incumbent is expected to execute models in accordance with approval conditions and communicate results to management.
• Performance monitoring of models, identifying possible deteriorating by comparing outcomes to established thresholds.
Leadership:No direct reports; provides guidance to more junior analysts.
What you'll need to succeed
Education
Master’s Degree/PhD in a quantitative discipline, including Finance, Mathematics, Statistics, Physics, Economics.
Experience/Skills
The candidate must have
• a superb quantitative and analytical background with a solid theoretical foundation coupled with strong programming, documentation and communications skills
• minimum 2 years (2 - 5 preferred) of modeling experience in financial services
• previous experience with development of machine learning models
• proficiency in SQL and experience with complex quantitative modeling, numerical analysis, and computational methods using programming languages (such as MATLAB, Python, R) as well as mathematical/statistical software packages.
• 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.
• attention to detail, inquisitive and a high level of accuracy.
What you'll get in return
What we can offer you:
• Full time contract of employment
• Competitive salary
• Health & Life Insurance
• Multisport card / Cinema Tickets / Nursery subsidiary
• Pension scheme
• Excellent opportunities for training, growth and professional development
• Opportunities to engage in diverse projects due to growth of business migrations
• A multitude of opportunities to get involved in additional charity projects
• A collaborative culture and great teams
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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