Senior Model Validator

• Proven experience in traded risk and market risk model validation or development
• Strong knowledge of market risk models including VaR, Stressed VaR, IRC, Expected Shortfall and DRC
• Solid understanding of stress testing and pricing modelling techniques
• Familiarity with regulatory frameworks including Basel 2.5 and FRTB
• Proficiency in at least one programming language such as Python, R, Matlab, C++ or VBA
• Strong statistical and financial modelling skills with ability to analyse complex data
• Excellent written and verbal communication skills in English
• Ability to work collaboratively across teams and mentor junior colleagues
• Attention to detail and commitment to accuracy in technical work

Location : Krakow, Poland

Contract Type: Contract

Remote Status: Hybrid

• Lead independent validations of market risk models including VaR, Stressed VaR and Expected Shortfall across a global banking organisation
• Work with an international team dedicated to model risk governance and regulatory compliance in a collaborative, supportive environment
• Develop your expertise in traded risk, stress testing and pricing models whilst mentoring junior team members
• Enjoy flexible working arrangements with hybrid and full remote options, plus free parking and corporate events
• Join a leading financial services organisation committed to helping you fulfil your potential and advance your career

Our client is one of the world's largest banking and financial services organisations. They're looking for a Senior Model Validator to join their Model Risk Management team in Krakow. This is your opportunity to take on a pivotal role ensuring model risk is managed within approved tolerance levels, working with an experienced international team on complex market risk challenges.

Position Overview

You'll perform independent model validations for traded risk models, ensuring they remain suitable for business decisions and comply with regulatory requirements. Your work will directly support the organisation's risk governance framework by assessing model inputs, performance and usage across the business. You'll identify and quantify model risk drivers, collaborate with developers and risk teams to mitigate risks, and provide objective assurance on critical financial models used across the organisation.

Benefits

• Flexible working hours and hybrid arrangements with full remote options available
• Corporate events and team activities
• Opportunity to work with highly experienced professionals on complex financial models
• Mentoring and support to develop your expertise in model risk management

Alongside these benefits, you'll join a value-driven organisation that fosters an international and supportive environment where diverse perspectives are valued. You'll collaborate with experienced colleagues committed to industry best practice, with genuine opportunities to grow your career and take on exciting new directions.

,[Conduct independent validations of market risk models including VaR, Stressed VaR, IRC, Expected Shortfall and DRC, Assess risks related to model input data quality, performance metrics and business usage, Review back-testing and stress testing results to identify model performance issues, Evaluate model assumptions and quantify key risk drivers affecting model accuracy, Ensure compliance with regulatory requirements including Basel 2.5, FRTB, Basel III and OCC standards, Collaborate with model developers and risk management teams to design and implement risk mitigation strategies, Support junior team members through mentoring and knowledge sharing on model validation best practice, Document findings and recommendations in clear, comprehensive validation reports] Requirements: Testing, Python, R, MATLAB, C++, VBA, Communication skills