The role of the AVP/Senior AVP is to perform model review (i.e., quantitative analysis and qualitative research with focus on model data, design, performance, and implementation) to formulate opinions about models’ conceptual soundness and adequacy for intended usage. Role responsibilities also cover documentation of conclusions and identified model risk indicators.
responsibilities :
Comprehensive model reviews to assess conceptual soundness, data integrity, performance, implementation, and adherence to regulatory and/or internal requirements.
Being able to challenge constructively model owner choices.
Building effective relationships with the model developers to ensure proper communication and anticipate requests.
Support a high-performance culture through collaboration and effective people interaction.
Documentation of conducted assessments and model risk indicators in thorough review reports including recommendations for model improvements.
Tracking completion of review recommendations.
requirements-expected :
Strong analytical skills, deep understanding of statistics, analytical concepts, and risk modelling (Stress Testing and Scenario Analysis).
Experience in modelling and/or validation in financial services, familiarity with model lifecycle, especially aspects considered during model development and validation of the model.
Understanding of financial products, processes, and regulatory requirements for risk management (SS3/18 and CCAR).
Experience with statistical modelling software/programming languages (e.g., SAS, Python, R, SQL, VBA), proficiency in MS Word and Excel.
Experience of presenting validation conclusions and recommendations to Senior Management. Ability to present complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner.
Master’s or PhD degree in a quantitative discipline like Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering and 4+ years of proven and relevant work experience.
offered :
Competitive salary
Annual performance-based bonus
Additional bonuses for recognition awards
Multisport card
Private medical care
Life insurance
Corporate parties & events
CSR initiatives
Nursery discounts
Financial support with trainings and education
Social fund
Flexible working hours
Free parking
benefits :
sharing the costs of sports activities
private medical care
sharing the costs of professional training & courses
