Do you have an analytical mind and like to solve quantitative problems? Can you extract statistical insights from the data? Would you like to work in an international and supportive environment, and to learn industry best practices in one of the world’s largest banks?
We have roles at various levels of experience ranging from entry-level positions for graduates to seasoned professionals. We encourage you to apply regardless of your experience in quantitative model validation, we might just have the right fit for you!
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Tasks
- Perform independent model validations as part of a specialist quantitative team within Model Risk Management department, called Independent Model Review.
- Conduct quantitative and qualitative research with a focus on model data, design, performance and implementation for one of our functional streams. We cover several types of models including credit risk models (e.g. IRB, IFRS9, Stress Testing, Economic Capital, application, and behavioural scorecards), climate risk models, as well as market risk models (e.g. VaR, IRC, RNIV, Exposure at Default, CCR RWA, pricing models, algorithmic trading models, ALCM models, Valuation models).
- Assess quantitative or expert-based models to identify their assumptions and limitations. Formulate opinions about conceptual soundness of models’ design and their adequacy for intended usage. This includes quantification of model risk drivers and assessment of their impact on the model credibility.
- Academic degree (MSc or PhD) -- good fits are: Statistics, Mathematics, Physics, Econometrics, Quantitative Finance, or related fields.
- Programming skills: Python AND SQL.
- Good written and verbal communication skills in English.
- Experience in independent model validation, model building, and/or quantitative research (for the more senior roles).
- Professional qualifications (e.g. PRM, FRM, CQF) are beneficial.
- Long-term job in one of the largest banking and financial services organizations in the world.
- Interesting career path in an international organization.
- International and diversified team.
- Remote work opportunities and flexible working hours.
- Abundant technical and soft skills training by the best experts.
- Refunding scheme for professional qualifications and relevant studies, language courses.
- A Team of professionals that will help you develop & succeed.
- Exposure to all lines of business and markets.
- Multiple employees’ benefits include private medical and dental health care, Multisport Card, and life insurance.
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