- Join a global financial institution offering opportunities, support, and rewards for career advancement
- Perform independent validations of Market Risk models within the Model Risk Management department
- Collaborate with a highly experienced and professional international team in a supportive environment
- Enjoy flexible working hours, hybrid working (with full remote possible), and free parking
Our client, a leading global financial institution, is seeking a Senior Model Validator to join their Model Risk Management team in Krakow. This is an exciting opportunity for an experienced professional to play a crucial role in managing model risk through independent validations, governance, and infrastructure support.
Position Overview
As a Senior Model Validator, you will be responsible for conducting independent validations of Market Risk models within the Model Risk Management department. Your work will be instrumental in assessing and mitigating risks related to model input data quality, performance, and usage, ensuring compliance with regulatory requirements and internal policies.
Responsibilities
- Perform independent model validations for Market Risk models, including VaR, Stressed VaR, IRC, Expected Shortfall, and DRC
- Assess risks related to model input data quality, performance, and usage
- Review back-testing, sensitivity analysis, and stress testing
- Ensure compliance with regulatory requirements (e.g., Basel III, OCC guidelines) and internal policies
- Evaluate the conceptual soundness of models and quantify model risk drivers
- Collaborate with model developers, treasury, and risk management teams to mitigate model risk
Requirements
- Knowledge of Traded Risk (Market Risk), Stress Testing, and Pricing modelling techniques
- Experience with Market Risk models (e.g., VaR, Stressed VaR, IRC, Expected Shortfall, DRC) and relevant regulations (Basel 2.5, FRTB)
- Proficiency in statistical modelling software/programming languages (Python, R, Matlab, C++, VBA)
- Experience developing models and/or conducting independent model validations
- Strong written and verbal communication skills
- Team-oriented mentality with the ability to work independently
- Capacity to support and peer-review junior team members
Benefits
- Opportunity to work with a highly experienced and professional team
- Corporate parties and events
- Flexible working hours and hybrid working (with full remote possible for contractor roles)
- Free parking
Alongside these benefits, you’ll be immersed in an international and supportive environment that fosters career growth and development. Our client is committed to providing opportunities, support, and rewards to help individuals advance their careers and reach their full potential.
How to Apply
To apply for this role please submit your CV using the form below or email agnieszka.olesiak@blvdr.pl / syed@blvdr.pl