Model Validation Specialist

**Learn. Develop. Grow. But always: Share value**:
Join our international team that drives positive change, united by a spirit of openness and curiosity. We empower you to have an impact and to grow - personally and professionally. With us, you work at the heart of financial systems and evolve the way markets operate. We’re excited about the future because we are the ones shaping it. Let´s do this together by sharing value

**Who we are**:
Tracing its origins to 1585, Deutsche Börse Group has become one of the world’s leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. What’s your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies for security, transparency and integrity on the markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations.

Frankfurt am Main

**Your career at Deutsche Börse Group**:
**Your area of work**

**Your 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

**Your profile**
- 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

**Why Deutsche Börse Group?**:
**Mobility**:
We enable you to move freely with our job tickets, job (e-)bikes and free parking opportunities.

**Work environment**:
Collaboration, communication, or deep focus - in our modern office buildings you will find the perfect work environment. Free drinks and food and meal allowances included.

**Health and wellbeing**:
We care for your health and wellbeing and besides various health promotion measures we offer you a group accident insurance and additional insurance offers at discounted rates.

**Financial stability**:
We provide financial stability by offering attractive salaries, company pension schemes, participation in our Group Share Plan, as well as bonuses, subsidies and discounts.

**Hybrid work**:
Collaborate and exchange on-site or work remotely several days a week in line with business needs and local regulations. Our hybrid working model combines the best of both worlds.

**Flexible working hours**:
We want your job to fit your life situation and offer flexible working time models, part-time models, childcare allowance, or the possibility to study alongside your job.

**Internationality**:
Our market infrastructures are globally connected. Working with us means collaborating with like-minded colleagues across over 60 locations from more than 100 nations.

**Development**:
We promote individual development by offering internal development programmes, mentoring, further education and training budgets.