Model validation Manager (Line of Defence 2 - LoD2)

The Company offers a job opportunity as a Model validation Manager. The candidate will join the LoD 2 – Operational and model risk Department and will lead the validation of Euronext Clearing risk models.
 

Key accountabilities:

•    Leading the independent validation of risk models designed by LoD1 used to measure market, credit risk and liquidity risk
•    Timely analyse significant changes to a model through a standardize approach and issue recommendations/suggest alternatives
•    Development and analysis of Sensitivity Analysis, backtesting and stress testing
•    Input data validation, implement process improvements to streamline data analysis and reporting
•    Liaise with Regulators for MV topics
•    Interact effectively with model designer and model developers
•    Presenting findings and recommendations to management and stakeholders

Additional activities:
•    Draft technical specifications in the area of Credit and Counterparty risk (Basel III) following the launch of new products

Knowledge, Skills and Experience Required

•    Master’s Degree in Economics, Finance, Engineering, Mathematics, Statistics, Physics or equivalent
•    Strong knowledge of financial markets and instruments, derivatives pricing
•    5-7 years of work experience in the banking or financial services industry, including regulators and consultancy firms
•    Proficiency in Microsoft Office package
•    Strong knowledge of programming languages (e.g. Matlab, Python,  SQL, Julia, C++,…) 
•    Strong analytical skills, critical thinking and problem solving attitude
•    Fluency in both spoken and written English
•    Strong attitude to teamwork and ability to work well under pressure
•    Excellent communication skills and outcome oriented
•    Knowledge of info providers (Bloomberg, Reuters) 
 

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.