Assess the performance and validity of risk models to ensure they accurately represent the variables, markets, or risks under consideration
Working closely with models’ developers to improve code quality
Design and implement a set of tests to detect the limitation and misbehaviors of the models
Learn various approaches to Stress-Testing, Sensitivity Analysis, VaR & Expected Shortfall used across the industry and compare them with the models implemented at IG
Critically read and understand a codebase of over 60k lines of code used to manage credit, market and capital risk.
Creating model validation reports
Working closely with Financial Risk team located in London
Collaborate with data scientists, AI engineers, and other stakeholders to optimize AI model performance and ensure alignment with business goals
Actively sharing knowledge with other team members
requirements-expected :
Fluent oral and written English language skills
5+ years’ experience in model risk management in banking or financial services
Strong knowledge of Model Validation techniques & regulatory standards covering risk models (i.e. Stress testing / VaR / Capital & liquidity models)
Ability to adapt to evolving technologies, willing to embrace new tools and methodologies as needed, particularly in AI and machine learning
Proven capability to mentor junior team members, promote skill development, and ensure continuous learning within the team
offered :
Hybrid working
Home office equipment reimbursement
Annual financial bonus
Private medical cover for you and your family/partner (Medicover)
Multikafeteria system (you can choose a multisport card, vouchers, etc.)
Life insurance (Generali)
Employee-led LGBTQ+, Women’s, Black, and Parents & Carers networks with an annual budget for organizing events & projects that foster an open, diverse, and inclusive culture
Career-focused technical and leadership training in-class and online, incl. unlimited access to LinkedIn Learning platform
Well-being events as well as Employee Assistance Programme
Summer picnic, New Year party and other social events
3 additional days off a year - 1 to celebrate your Birthday and 2 for voluntary work
benefits :
sharing the costs of sports activities
private medical care
sharing the costs of professional training & courses
