Senior Analyst (Credit or Market Risk)

As an integral component of Client’s Risk Management Framework, the purpose of Independent Model Review (IMR) is to assess all models used within the Group. The function provides the Group's Management, Regulators and Shareholders with the necessary assurance that the Bank's models are well controlled and fit for purpose. This is achieved through:

• best in class technical expertise, analysis and challenge;

• in-depth knowledge of regulatory requirements, business and market practice;

• examination of model risk including assumptions, limitations and implications of the use of a model.

Key Accoutabilities:

• The purpose of this role is to review/validate models provided by the model Owner based 
  on a quantitative analysis of their structure.

• Provide the requested analysis/appraisal in the time schedule defined jointly with the model Owner

• Provide risk functions assistance on the appraisals and models

• Work effectively with the other IMR (local and other sites) quantitative analyst

• Ensure model limitations are correctly understood and managed

• Ensure Model Review Library is progressively improved and developed

• Properly use the Appraisal System

• Provide guidance and support for junior team members

We offer:

• Private healthcare

• 2 days of remote work in a week after a period of 3 moths

• Stable job and long term contracts

• Interesting path of career in an international organization

Experience (some of the following):

• Detailed knowledge in one or more of the following areas: Trading Models, Risk models, Statistical Models, Scorecard Development

• Undertake analysis to identify modelling assumptions and limitations for the proposed models

• Detailed knowledge of Basel II / III regulatory framework (BIPRU) and those of other country regulators

• Strong experience of developing Pricing Models / Basel II (PD, EAD, LGD) / Risk models

• Strong experience of conducting independent model reviews

• 3 to 10 years of experience in the industry

• Experience of team or project management

• Knowledge and experience in stress testing