Quantitative Model Validator

Vor 2 Tagen


Frankfurt am Main, Hessen, Deutschland Clearstream Banking AG Vollzeit

About the Role

Clearstream Banking AG is seeking a skilled Quantitative Model Validator to join our team. As a Quantitative Model Validator, you will be responsible for providing independent and effective challenge of models, applying financial theory and quantitative methods.

Key Responsibilities

  • Develop appropriate quantitative and qualitative validation methods, including potential outcomes and their impact.
  • Participate in the initial validation of new and/or changed models.
  • Define and track Model Validation findings and work on potential recommendations to the model owner.
  • Maintain the model inventory of the different legal entities.
  • Assess the adequacy and robustness of risk models on a regular basis and prepare regulatory submissions.
  • Deliver model validation analysis and reports in support of senior management & committee review and challenge of the risk position.

Requirements

  • You have completed your university degree in Economics, (Financial) Mathematics, Computer Science, Physics, or any other quantitative discipline.
  • You gained first relevant professional experience in risk management, ideally in Model Validation or Model Development.
  • You have sound knowledge and first practical experience in one or more of the fields Credit Risk, Market Risk and Operational Risk, quantitative (risk) modelling (Monte Carlo-Simulation, statistics, econometrics,...), ICAAP, ILAAP and Financial Regulations.
  • You have good technical knowledge and (object-oriented) programming skills, ideally in Python.
  • You are an efficient team player with good communication skills.
  • Proficiency in written and spoken English; French/German language skills will be an asset as well as the ability to clearly present complex topics in plain terms.

About Us

We are committed to providing a work environment where everyone feels welcome and can reach their full potential. Our standards go far beyond simply matching candidates with the right position.

What We Offer

  • We enable you to move freely with our job tickets, job (e-)bikes and free parking opportunities.
  • We provide financial stability by offering attractive salaries, company pension schemes, participation in our Group Share Plan, as well as bonuses, subsidies and discounts.
  • We promote individual development by offering internal development programmes, mentoring, further education and training budgets.


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