Senior Model Validator Amsterdam recruitment
You will analyse Risk-models, comment on their strengths and weaknesses, understand their
application, and report your findings to higher management (personally, or in management
meetings).
You manage and coach several of model validators, who will analyse models under your
guidance.
You represent Model Validation in workgroups and committees where knowledge of the
processes of Model Validation is required, both inside and outside the bank.
You help manage the Validation team.
Model Validation is the independent entity in the Bank that is responsible for the validation of all risk models. Currently Model Validation consists of 17 people.
The aim of the Model Validation group is to limit the bank’s exposure to model risk to acceptable levels.
Model Validation develops validation standards and governance, and performs the validation of all risk models. Model Validation actively shares knowledge on modelling, validation and regulations within the Risk
Excellent quantitative background (at least at MSc level)
6 years of experience in risk management or finance
Experience in coaching team members.
Good understanding of risk management practices within the financial services industry
Experience with modelling and validation aspects, in particular for market models;
Strong risk management perspective;
In-depth and current understanding of the different market risk models;
Knowledge of Basel II and local regulatory requirements
Excellent written and oral communication skills in English
Analytical mind and strong problem solving skills;
Perseverance to see multiple tasks through to completion;
Able to take initiative and work independently
Excellent presentation- and communication skills.