Risk Model Development Specialist

15 hours ago


Kraków, Lesser Poland, Czech Republic ITDS Full time

We are seeking a highly skilled Quantitative Risk Model Developer to join our team at ITDS, a global leader in financial services. The successful candidate will be responsible for developing state-of-the-art risk models for financial and operational risks.

About the Role

This is an exciting opportunity to work on creating robust models for counterparty credit risk (CCR) and derivative valuation adjustments (XVA). As a Quantitative Risk Model Developer, you will be part of a collaborative team spanning multiple locations, working closely with regional teams to enhance enterprise-wide compliance and improve risk reporting systems.

Key Responsibilities
  • Developing risk models for CCR and XVA using advanced mathematical techniques and programming languages such as C++ and Python.
  • Assessing and validating model performance using real-world data to ensure accuracy and reliability.
  • Suggesting enhancements to existing models based on features, assumptions, and limitations, and identifying target market data.
  • Collaborating with cross-functional teams to drive improvements to systems and data infrastructure supporting CCR and XVA model deployment.
  • Coordinating projects aimed at aligning methodologies and governance related to risk management frameworks.
Requirements

To be successful in this role, you will need:

  • Strong knowledge of C++, Python, and Linux.
  • Effective communication skills and ability to work in an international team.
  • Experience handling data analysis tasks under strict timelines.
  • Strong organizational skills managing multiple tasks in parallel.
  • Familiarity with technologies like Apache Beam, GCP, MKL, Protobuf, CMake, Jenkins, Docker, or similar.
Desirable Skills

A strong plus would be:

  • Experience in developing risk models for financial institutions.
  • Exposure to regulatory requirements for risk reporting.
  • Familiarity with enterprise-wide compliance frameworks.
Benefits

As an employee of ITDS, you will have access to:

  • More than 100 challenging projects.
  • Private healthcare.
  • Multisport card.
  • Access to Pluralsight for professional development.

We offer a dynamic and supportive work environment, where you can grow and develop your career in a leading financial services company.



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