Model Validator I recruitment

Je werk
You analyze risk models, understand their application, report findings, and defend the model strengths and weaknesses. You work in project teams. Since the team is involved in validating all risk models of the bank, like market, credit, operational, asset and liability, and economic capital models, you can be part of the validation of all these types. 
You represent the Model Validation team in the organization. This can be in projects, workgroups, or committees where knowledge of the processes of model validation is required. This can be inside or outside the bank. You will be part of the ABN AMRO risk team fulfilling an important expertise role. This Model Validator fulfills an expert position and does not have managerial responsibilities. You will report to a senior Model Validator. 
 

Je werkomgeving
Model Validation at ABN AMRO is a team of 14. It is an independent risk entity with ABN AMRO responsible for the validation of all risk models of the Bank. 
The aim of the validation Department is to limit the exposure of the Bank’s model risk. This is achieved by performing validations and by developing validation standards and governance. 
Also the Model Validation team performs as a centre of expertise by sharing knowledge on modeling, validation, and regulatory compliancy. Our shareholders are among others, the risk departments, the business, and the regulators. 
 

Je achtergrond
You have an excellent quantitative background at least at MSc level (PhD is more than welcomed). You are keen on working in banking. The Model Validator role exists at different levels, ranging from no work experience till up to 6 years of relevant work experience. Previous work experience besides validation can be quantitative finance, risk modeling, risk management.
Depending on your level of experience you have understanding of risk management practices within the financial services industry and the related modeling and validation aspects. Knowledge of the Corporate, Merchant, Retail and Private Banking Business and knowledge of regulatory requirements is definitely a benefit. Since the Model Validator presents results to the management of ABN AMRO, excellent written and oral communication skills in English are necessary.
We are looking for someone with an analytical mind and strong problem solving skills. The Model Validator has a strong attention to detail and the ability to see multiple tasks through to completion. The Model Validator is able to take initiative and work independently.  

Ons aanbod
A stimulating environment and an ambitious team consisting of professionals. We play a central role in the Risk Management of ABN AMRO. This position is an excellent base to grow to senior positions in Risk Management in a growing and ambitious bank.  

Meer informatie
For additional information, please contact Ebbe Negenman, Head of Model Validation, or Robin Holtel, Recruiter, ph.: 06-83639116 

If you’re interested, please apply online.   We look forward to meeting you.