Model Risk Analyst
2 days ago
Job Description
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The Pricing Model Validation team is responsible for the independent review and analysis of all derivative pricing models used for valuation and pricing across the bank.
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About the Role
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- The role involves independently reviewing and analysing derivative models for pricing and risk management across Credit, Securitization and Research domains.\
- You will work closely with the pricing validation team in London and Berlin to produce, analyse and document validation testing.\
- Reviews and analysis require a good understanding of mathematical models used, implementation methods, products traded in these markets, and the associated risks.\
- You will provide input to model stakeholders including Front Office Trading, Front Office Quants, Market Risk Managers and Finance Controllers.\
- Your responsibilities will include ensuring early and proactive identification of Model Risks and effectively managing and mitigating Model Risks.\
- You will be responsible for establishing Model Risk metrics and designing and implementing a strong Model Risk Management and governance framework.\
- You will create bank-wide Market Risk policies and establish a culture of continuous learning within the team.\
- You will also have opportunities for training and development to help you excel in your career and coaching and support from experts in your team.\
- You will be part of a team that strives for a culture where we are empowered to excel together every day, taking initiative and working collaboratively.\
- We welcome applications from all people and promote a positive, fair and inclusive work environment.\
- We offer flexible benefits that you can tailor to suit your needs and sponsorships for Industry relevant certifications and education.\
- We provide comprehensive Hospitalization Insurance for you and your dependents and Accident and Term life Insurance.\
- We also offer Employee Assistance Program for you and your family members and Complementary Health screening for 35 yrs. and above.\
- Our company website provides further information about our mission and values.\
- We aim to be the best in class employer and strive for excellence in everything we do.\
- We want you to feel empowered to take ownership of your work and make a meaningful contribution to the organisation.\
- We believe that diversity and inclusion are key to driving innovation and creativity and we are committed to creating an environment where everyone feels valued and respected.\
- We are looking for someone who shares our passion for delivering exceptional results and making a real difference in the financial industry.\
- We want someone who is enthusiastic about learning and growing with us and who is passionate about building a career with a leading global bank.\
- We need someone who has excellent communication skills and who can demonstrate a strong interest in financial markets and quantitative analysis.\
- We require someone who has experience coding in high-level languages and who can apply their knowledge of stochastic calculus, partial differential equations, monte carlo methods and numerical algorithms to real-world problems.\
- We look for someone who has an academic degree in a quantitative discipline such as mathematical finance or statistics and who has a focus on application.\
- We want someone who is motivated by challenge and who can thrive in a fast-paced and dynamic environment.\
- We expect someone who can contribute to a culture of continuous improvement and who is committed to delivering exceptional results.\
- We invite applications from individuals who share our values and who are passionate about delivering outstanding performance and contributing to a winning team.
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