Model Validation Expert

6 days ago


Prague, Hlavní město Praha, Czech Republic Česká spořitelna Full time
About the Role

We are seeking a highly skilled Risk Model Analyst to join our team at Česká spořitelna. As a Risk Model Analyst, you will play a critical role in ensuring the accuracy and reliability of our risk models.

Key Responsibilities
  • Conduct independent validation and review of risk models to ensure they are sound and meet regulatory requirements.
  • Identify potential weaknesses in risk models and assess the impact of key assumptions on model output.
  • Collaborate with cross-functional teams to develop and implement model improvements.
  • Design and implement challenger models to validate the performance of existing models.
  • Work with large datasets and programming languages such as SAS, R, SQL, and Python to develop and maintain risk models.
  • Produce high-quality validation reports and communicate complex results to stakeholders.
Requirements
  • Master's degree in a quantitative field such as Mathematics, Statistics, or Economics.
  • Strong mathematical skills and ability to apply mathematical models to real-world problems.
  • Experience in risk modeling or model validation, with a proven track record of understanding modeling approaches and their strengths and weaknesses.
  • Proficiency in statistical software such as SAS, R, and Python, as well as databases such as SQL.
  • Creativity, excellent communication skills, and a professional working attitude.
What We Offer
  • Opportunities for professional growth and development in the field of risk modeling and validation.
  • The chance to apply analytical skills to real-world problems and make a meaningful impact on the organization.
  • A dynamic and varied work environment with a wide range of risk models to work on.
  • Personal development through a range of hard and soft skills training programs.
  • A friendly and supportive team of mathematicians, statisticians, and data enthusiasts.
  • A healthy work-life balance and a stable working environment in one of the largest banking groups in the region.
  • The option to work from home up to 10 days per month.

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