Model Validation Specialist

vor 2 Monaten


Berlin, Deutschland Deutsche Bank Vollzeit

The Model Risk Management (MoRM) team provides independent oversight and governance for senior managers of model analytics and their implementation into the risk architecture that drive valuation, risk and stress results. Model Validation as part of MoRM is responsible for the independent review and analysis of all derivative pricing models used for valuation and risk across the bank.
- The role is as a Model Validation Specialist to independently review and analyse derivative models for price and risk of interest Rates, FX and Hybrids products.
- Reviews and analysis require deep understanding of the mathematical models used, implementation methods, products traded in these markets, and the associated risks. In addition to theoretical analysis and review it is required (where appropriate) that model/products are independently implemented in a managed C++ library.
- The outcome of review and analysis and independent implementation will form the basis of discussion with key model stakeholders including: Front Office Trading; Front Office Quants; Market Risk Managers,

Desk Strats, and Finance teams
- Additional responsibilities include active engagement with the due diligence aspects of the New Product Approval Process and involvement in bank wide strategic initiatives.

**Job Requirements**:

- Some years of experience in a Model Validation or Front Office Quant role would be beneficial but not required.
- Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms.
- Understanding of interest Rates and FX derivative models.
- Strong interest in financial markets (especially derivative pricing) demonstrated by qualifications and/or experience.
- Experience coding in C++ or Python in a managed codebase.
- Excellent communication skills - both written and oral.

**What we will offer you**:
Please note that this may vary slightly from location to location.

In case of any recruitment related questions, please get in touch with Anna Wieclawski.

Contact: Anna Wieclawski Mobil: +49(151)18070363

Unsere Werte bestimmen das Arbeitsumfeld, welches wir schaffen möchten - vielfältig, wertschätzend und offen für verschiedene Meinungen. Nur eine Unternehmenskultur, die eine Vielzahl von Perspektiven, sowie kulturellen und gesellschaftlichen Hintergründen vereint, fördert Innovation. Wir setzten auf vielfältige Teams, in welchen die Menschen ihr volles Potential entfalten können - denn das Zusammenführen verschiedener Talente und Ideen spielt eine entscheidende Rolle für den geschäftlichen Erfolg der Deutschen Bank.

Unsere Unternehmenskultur setzt hohe ethische Standards und fördert ein gutes Miteinander. Unabhängig von kulturellem Hintergrund, Nationalität, ethnischer Zugehörigkeit, geschlechtlicher und sexueller Identität, körperlichen Fähigkeiten, Religion und Generation freuen wir uns über Bewerbungen talentierter Menschen.
Sprechen Sie uns an: Wir bieten flexible Arbeitszeitmodelle und weitere Zusatzleistungen, um Sie in Ihrem Berufsleben zu unterstützen.

Klicken Sie hier für weitere Informationen zu Vielfalt und Teilhabe in der Deutschen Bank.



  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Job description** Model Risk Management (MoRM) is responsible for the management of model risk in DB Group. This includes the independent validation of risk models as well as the identification, monitoring & controlling of model risk. Our aim is to identify, aggregate, manage and mitigate model risk across all risk types (market, credit, liquidity,...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Background information on Model Risk Management and Credit Validation**: Model Risk Management is responsible for holistic management of model risk. This includes the independent validation of internal models as well as the identification and the monitoring & controlling of model risk. Within Model Risk Management, Credit Validation is responsible for the...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Team** Model Risk Management (MoRM) is responsible for the management of model risk, including the independent validation of internal models as well as the identification and the monitoring & controlling of model risk. Our aim is to identify, aggregate, manage and mitigate risk across the core activities of market risk, credit risk, operational risk...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    The Model Validation Manager is responsible for the implementation and delivery of independent model validations of the Group's Counterparty Credit Risk (CCR IMM) derivative pricing models across asset classes. This is a leadership role needed to manage the book of work in Internal Model Method (IMM) model validation as well as to provide the necessary...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Model Validation Senior Specialist (f/m/x)**: **Job ID**:R0321271**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-03-13**Location**:Berlin**Position Overview**: - please submit your CV in English ** _ **Details of the role and how it fits into the team**: The role is to independently review, test and approve pricing models for...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Details of the role and how it fits into the team** **Your key responsibilities** - Receive formal requests from Front Office and Model Developers to approve pricing models for credit and securitization products, and related reserve and valuation adjustment models - Mathematically review models and their suitability for products, conduct independent...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    please submit your CV in English ** _ **Details of the role and how it fits into the team**: The role is to independently review, test and approve pricing models for credit and securitization products and other related models, all according to internal standards consistent with the SR11-07 regulatory guidance. The team is part of the Model Risk Management...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Details of the role and how it fits into the team**: The Risk division plays a critical role in identifying and managing a wide range of risks to which Deutsche Bank is exposed as part of its global operations - from credit and market risks to non-financial risks. As an integral part of this division, Model Risk Management (MoRM) is tasked with performing...


  • Berlin, Deutschland NextPharma GmbH Vollzeit

    Process Validation Specialist (m/w/d) **Standort**:Berlin, BE, DE, 13509**Berufsfunktion**:Entwicklung**Startdatum**:01.10.2023**Arbeitszeit**:Vollzeit- Sie suchen... nach einer spannenden beruflichen Herausforderung? Wir sind einer der führenden, europäischen Auftragshersteller im Bereich der Pharmazeutischen, Biotech - und Health Care-Industrie mit...


  • Berlin, Deutschland NextPharma Vollzeit

    Process Validation Specialist (m/w/d) Standort: Berlin, BE, DE, 13509 ...


  • Berlin, Deutschland NextPharma Vollzeit

    Process Validation Specialist (m/w/d) Standort: Berlin, BE, DE, 13509 ...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    **Overview** The Model Risk Management (MoRM) team provides independent oversight of the models used across the Bank and provides a holistic view to senior managers. MoRM is responsible for the independent review and risk analysis as well as governance activities. The role is a Senior Model Validator within the Stress Testing team, which is responsible for...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    Group Audit serves as Deutsche Bank’s independent 'Third line of Defense', proactively assisting the bank’s business and infrastructure areas to identify control weaknesses. Comprising around 700 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with colleagues and...


  • Berlin, Deutschland Deutsche Bank Vollzeit

    Group Audit serves as Deutsche Bank’s independent 'Third line of Defense', proactively assisting the bank’s business and infrastructure areas to identify control weaknesses. Comprising around 700 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with colleagues and...


  • Berlin, Deutschland ING Vollzeit

    Your models make sure that our “risky business” is anything but? With your analytical way of thinking, you not only see through complex issues, you can also explain and evaluate them? Perfect! At ING, we place great value on team spirit, a productive working atmosphere and further training for our employees. Do you think this suits you? Then apply, your...


  • Berlin, Deutschland ING Deutschland Vollzeit

    At ING, we place great value on team spirit, a productive working atmosphere and further training for our employees. Our team in the Centre of Expertise “Credit Risk“ is looking forward to meeting you. Your Tasks Using your data expertise, you develop new risk scorecards and improve existing ones for credit decisions, helping us to keep our risk low and...


  • Berlin, Deutschland ING Deutschland Vollzeit

    At ING, we place great value on team spirit, a productive working atmosphere and further training for our employees. Our team in the Centre of Expertise “Credit Risk“ is looking forward to meeting you. Your Tasks Using your data expertise, you develop new risk scorecards and improve existing ones for credit decisions, helping us to keep our risk low and...


  • Berlin, Deutschland ING Deutschland Vollzeit

    Your models make sure that our “risky business” is anything but? With your analytical way of thinking, you not only see through complex issues, you can also explain and evaluate them? Perfect! At ING, we place great value on team spirit, a productive working atmosphere and further training for our employees. Do you think this suits you? Then apply, your...

  • Principal Auditor

    vor 1 Woche


    Berlin, Deutschland Deutsche Bank Vollzeit

    **Details of the role and how it fits into the team** Group Audit serves as Deutsche Bank’s independent 'Third line of Defense', proactively assisting the bank’s business and infrastructure areas to identify control weaknesses. Comprising around 700 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate,...


  • Berlin, Deutschland NextPharma Vollzeit

    Sie suchen... nach einer spannenden beruflichen Herausforderung? Wir sind einer der führenden, europäischen Auftragshersteller im Bereich der Pharmazeutischen, Biotech- und Health Care-Industrie mit rund 2.200 Kolleginnen und Kollegen in Deutschland, Frankreich, England, Finnland und Norwegen. Für uns ist der wichtigste Schritt immer der Nächste....