Senior Risk Analyst - Banking Sector

Job Summary
We are seeking a detail-oriented and experienced Model Validation Specialist to independently assess financial and risk models within our organization. This role focuses on ensuring the accuracy, reliability, and regulatory compliance of models used in credit risk, interest rate risk, and capital management. The successful candidate will play a critical role in safeguarding the integrity of our modeling framework by conducting thorough validations and collaborating closely with model developers and key stakeholders.

Key Responsibilities
The primary responsibility of this role is to conduct independent validations of various financial and risk models. This includes reviewing model assumptions, inputs, methodologies, and outputs to ensure they are conceptually sound and aligned with regulatory standards. You will perform rigorous back-testing, sensitivity analyses, and benchmarking exercises to evaluate model performance under different scenarios.

In addition to technical validation, you will prepare comprehensive and well-structured validation reports. These documents will clearly outline your findings, highlight any challenges encountered, and provide actionable recommendations for improvement. Effective communication is essential, as you will work closely with model developers and internal teams to clarify assumptions and ensure consensus on validation outcomes.

Required Qualifications
Candidates must have a strong understanding of model development tools such as Excel with VBA, Python, or R. Proficiency in these tools is essential for analyzing models and performing validation tasks efficiently. A solid knowledge of regulatory frameworks and expectations related to model governance, including Basel accords and ICAAP requirements, is critical to ensure compliance and alignment with industry standards.

Excellent communication skills are required to articulate complex technical concepts clearly and concisely. You should be adept at producing detailed technical documentation and validation reports that can be understood by both technical and non-technical stakeholders.

Preferred Qualifications and Benefits
While not explicitly stated, candidates with experience in financial institutions or regulatory environments will find this role particularly suitable. Familiarity with additional programming languages or advanced statistical techniques may be advantageous.

This position offers the opportunity to work in a collaborative and dynamic environment where your expertise will directly impact the robustness of our risk management framework. You will engage with cross-functional teams and contribute to maintaining the highest standards of model integrity and regulatory compliance.

If you are a meticulous professional with a passion for model validation and regulatory adherence, we encourage you to apply and join our team dedicated to excellence in financial risk management.