Model Validation Quant
Become the expert ensuring the accuracy and compliance of financial models! Work with industry leaders, test cutting-edge models, and influence critical decisions in risk and capital management.
As part of the Risk and Quant Solutions department, you will play a key role in managing client communication by gathering model methodology documents and other relevant artefacts. You will identify product features, specifications, and related documentation, working closely with the solution architect and the client stakeholders' team to ensure an effective implementation.
Responsabilities
- Lead the daily operations of validation exercise including model related documentations gathering, creating test plans as per regulatory requirements, conducting validation tests and develop model validation report
- Collaborate closely with the Multiple Business SMEs (Internal and External), Solution Architect and client key stakeholders to understand requirements and translate them into validation requirements
- Manage the client stakeholder and deliver the model validation report within agreed SLA
- Perform model validation on risk, insurance and capital models
Requirements
- Graduate / Postgraduate degree in Computer Science / Engineering from a reputed university
- Between 4 and 8 years of experience
- MRM Domain expertise across Pillar 1 capital, Pillar 2 capital (economic capital and stress testing), Fiduciary Risk models (market risk, credit risk, operation risk –KYC MODEL liquidity risk, Research models, and Investment Management models
- Risk and Regulatory experience and knowledge including EBA RTS and AML/ KYC regulatory guidelines
- Model Validation experience (preferred in AML/ KYC/ Compliance models
- Experience working with models such as Credit Risk, AML/ KYC, Insurance, Liquidity risk and IRRBB
- Hands-on experience with Statistical and mathematical software
- 4-12 years of experience working in Financial Services and Risk domain
- Strong knowledge of statistics and model development
- Skilled with programming languages such as R, Python or SQL or C++
- Experience in Model Risk Management Solutions preferred
- Department
- Finance
- Locations
- Cluj-Napoca
- Remote status
- Fully Remote
Colleagues
About Sales Consulting
Since 1998, we've been active in the Human Resources consulting market, providing regional coverage across four key areas of expertise: recruitment and selection, personnel leasing, assessment centers and consultancy. As leaders in Transylvania, we've expanded our reach to embrace a culture of continuous improvement, thereby strengthening our position in the Romanian and also regional market. This commitment underscores our dedication to evolve alongside the dynamic needs of our clients and the ever-changing landscape of the business environment.
Our success stems from the professionalism of our services, the multidisciplinary expertise of our consulting team and our ongoing collaboration with those who rely on our consultancy services.
Building long-term partnerships with clients across diverse industries such as IT&C, automotive, outsourcing, pharma, banking, FMCG and more, is our primary objective.
Our commitment to client orientation, teamwork, flexibility, excellence, dedication and responsibility reflects our aim to bring added value to our services.
Model Validation Quant
Become the expert ensuring the accuracy and compliance of financial models! Work with industry leaders, test cutting-edge models, and influence critical decisions in risk and capital management.
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