Quantitative Risk Manager

Reference :
MB-1559
Sector :
Bank, Compliance / Risk, Finance
Job Role :
Bank / Fund Administration
Salary :
Negotiable
Town/City :
Luxembourg
Contract Type :
Permanent
Closing Date :
28/12/2018

KR are delighted to be helping a leading bank in their search for a Senior Quantitative Validation Specialist to join their Risk team.

The bank has a beautiful office located in the heart of Luxembourg City, and a global presence in terms of its operations. This is a great opportunity for a skilled specialist in Risk validation modelling, as the group will offer very good mid to long term career growth prospects.

 

Your main responsibilities:

  • You will ensuring compliance of all models (issue and monitoring).
  • You will Contribute in the decision-making processes, in relation to model development
  • You will participate in the improvement of the various model performances
  • You will be in charge of the implementation of the model validation processes (test definition, maintenance of validation technical architecture, definition and update of the processes, ...)
  • You will lead the validation committee as decision-making body related to model validation.
  • Implementation and development of the model validation processes in compliance with  regulatory requirements.
  • You will review the backtesting processes of the team.
  • You will support for the benchmarking annual reports for the purpose of quantitative validation.
  • You will be involved in tyhe approval of all methodological choices and contribute as an expert to the model review.

 

Your profile:

  • A master’s degree or a Phd in mathematics or in a similar field.
  • At least 8 years of relevant banking experience in Risk Modelling.
  • Absolute fluency in English.

 

For a confidential discussion please contact Mohamed Benmelouka, on +352 27 85 30 24 or email your CV to mohamed.benmelouka@krrecruitment.com.

Kr Recruitment is a leading executive resourcing company based in heart of Luxembourg. Offering a flexible range of recruitment services. Visit our website at www.krrecruitment.com.