Model Validation Officer (f/m/d). Luxemburgo

Your area of work:

Model Validation provides independent effective challenge of models, applying financial theory and quantitative

methods. The main tasks are to define model risk and validation guidelines, develop appropriate validation

methods, employ validation instruments on a regular basis and perform ad hoc model reviews in light of a

changing regulatory environment and market conditiona Overall role is to drive and participate in the validation of

models in scope of regulatory requirements such as market, credit, business or operational risk.

Your responsibilities:

Develop appropriate quantitative and qualitative validation methods

Develop and maintain validation concepts for capital requirement models in scope

Define and maintain guidelines and documentation

Carry out initial as well as regular and ad-hoc validations of models within Risk Management

Independently assess the adequacy of risk models on a regular basis

Engage with model owners and development experts to ensure model risk is properly addressed

Deliver model validation analysis and reports in support of senior management & committee review

Collaborate with internal and external auditor

Your profile:

Minimum 3 Years of Risk experience with a focus on model development or model validation

University degree, financial or quantitative discipline, PhD would be an asset

Good understanding of financial markets, financial products, as well as the regulatory landscape (ICAAP,

ILAAP, CSSF)

Well-developed analytical skills, creativity, critical thinking, ability to identify problems and propose pragmatic

solutions in a timely manner

High degree of results orientation as well as good presentation and communication skills

Good programming skills (e.g., Python, R, C++, Java), experienced with databases (e.g., SQL)

Experience in writing business requirements and specifications

Proficiency in written and spoken English, German or French language skills would be an asset

Efficient team player with a high degree of organizational self-reliance

Enjoy Working in an international and diverse team

Internal applications will be treated strictly confidential.

We value diversity and therefore welcome all applications - regardless of gender, nationality, ethnic and social

origin, religion/belief, disability, age, sexual orientation and identity.

Have we piqued your interest? Then we encourage you to apply now!