AVP/Lead AVP/Senior AVP, MRM – Market Risk

Ref:
Location: Krakow, Poland
Type: Permanent

Our client, a global banking and financial services leader, is seeking an experienced professional to join their Model Risk Management (MRM) team in Krakow, Poland, ensuring the integrity and compliance of their models across the organisation.

Position Overview

As an AVP/Lead AVP/Senior AVP in MRM, you will play a crucial role in validating and assessing market risk models, providing assurance that they are fit for purpose and compliant with internal and regulatory expectations.

Responsibilities

  • Conduct comprehensive model validation activities per Global Model Risk Policy
  • Assess model inputs, calculations, outputs, conceptual soundness, and suitability
  • Provide detailed validation reports highlighting identified issues
  • Validate remediation activities completed by ILOD
  • Support embedding of new Global Model Risk Policies and Procedures
  • Coach and guide new starters and junior colleagues
  • Deliver high-quality, timely validation reports that add business value
  • Liaise with stakeholders to ensure adequate resolution of issues
  • Communicate effectively across technical, business, and strategic levels

Requirements

  • Master’s or PhD in a quantitative discipline (e.g., Financial Mathematics, Statistics, Econometrics)
  • Knowledge of Retail Credit, Stress Testing, and/or Front Office Modelling
  • Familiarity with IRB and/or IFRS9 regulatory requirements
  • Comprehensive understanding of statistical model and scorecard development techniques
  • Knowledge of Risk models, performance metrics, risks, and associated issues
  • Experience with statistical modelling software/programming languages (e.g., SAS, Python, R)
  • Experience developing and reviewing models throughout the customer lifecycle
  • Experience presenting recommendations to Senior Management
  • Experience conducting independent model reviews

 

Benefits

  • Competitive salary with annual performance-based and recognition bonuses
  • Comprehensive health and wellness benefits, including private medical care and multisport card
  • Supportive work environment with opportunities for career growth and development

How to Apply

If you have the skills and experience to excel in this role, please submit your CV highlighting your relevant qualifications.

Apply for 'AVP/Lead AVP/Senior AVP, MRM – Market Risk'

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