Senior Market Model Validation Analyst for a Bank in Brussels recruitment
Place : Brussels
Industry : Banking
Scope : Market Model Validation
Position : Senior Market model validation analyst
The market validation team is responsible for the validation of all the models measuring and monitoring derivatives (interest rate, equity, inflation, exchange rate, credit
). The team has to follow and hedge the risk (market and operational) of all the different products.
The senior will be in charge of providing the framework for juniors and will contribute to their development.
Function:
- Analyze and validate mathematical models from front office and risk departments ( mainly interest but equity, inflation, exchange rates and credit as well)
- Monitoring the implementation of the models
- Collaborate with the front office and the risk in order to improve the models
- Write down reports summing up strengths and weaknesses
- Implementation of new tools analyzing the risk
- Supporting and coaching juniors profiles
Profile:
- PhD or Master in a scientific discipline (mathematics, physics
) or engineering
- Minimum 3 years of experience in a similar function (Modelling, validation, trading)
- Extensive knowledge of mathematical models measuring and monitoring interest rates of derivatives
- Good knowledge of mathematical stochastic model
- Understanding of derivatives market
- Analytical, good helicopter view, structured
- Nice to have: object oriented programming (C++)
If you are interested in the opportunity above, please send your CV to a.jacobsAThuxley.com and call Alexandre Jacobs on 02/557.71.88