Model Validation

Opis stanowiska pracy

Model Validation
Kraków - remote
NR REF.: 1190147

It is an entry/junior level role. We will accept candidates who have theoretical knowledge of quantitative analysis and a degree in one of the following: a quantitative discipline like Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering; 

Your career opportunity 

Independent Model Validation is a specialist quantitative role within the Model Risk Management team responsible for carrying out independent validations of company39s model landscape, to identify and communicate model limitations and issues.

Independent Model Validation provides independent challenge of a model’s underlying theoretical assumptions and limitations, its practical implementation, its live application, and business usage, providing stakeholders (including model users, senior management, audit and regulators) with assurance that models and tools developed, maintained and used within the group are fit for their intended purposes and are compliant with applicable internal and supervisory expectations. They will also review remediation plans and activities, undertake portfolio level reviews across model types and challenge the model owners on the appropriate application of relevant policy of models.

Your new role 

• Undertake model validation and testing activities as dictated by the Global Model Risk Policy including the assessment of; model inputs, calculations, reporting outputs, conceptual soundness of the underlying theory and the suitability of the use for its intended purpose, relevance and completeness of data, qualitative information and judgements, documentation, and implementation of the model.
• Provide written reports detailing the results of validations highlighting issues identified during the validation.
• Communicate technical model related information and results to Model Owners and Model Users through the course of a validation.
• Contribute to management, regulatory, and external confidence in all models used across the group

What you39ll need to succeed 

• Master’s or PhD degree in a quantitative discipline like Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering.
• Knowledge in one or more of the following areas: Stress Testing and Scenario Analysis models, Traded Risk and
  Pricing Models, Global Markets Trading
  & Hedging models, Asset Liability Models, etc.
• Knowledge of statistical model and scorecard development techniques.
• Knowledge of Risk models, performance metrics and risks and associated issues.
• Some knowledge of internal procedures and local regulations and those of other country regulators would be an advantage.
• Experience with some statistical modelling software / programming language e.g. SAS, Python, R, Matlab, C++, VBA.
• Experience of developing and reviewing models throughout the customer lifecycle.
• Experience of conducting independent model reviews is beneficial

What you39ll get in return 

• Deductible tax costs 

• Remote work opportunity

• Competitive salary

• Annual performance-based bonus

• Additional bonuses for recognition awards

• Multisport card

• Private medical care

• Life insurance

• One-time reimbursement of home office set-up (up

• Corporate parties & events

• CSR initiatives

• Nursery discounts

• Financial support with trainings and education

• Social fund

• Flexible working hours

• Free parking

What you need to do now 

If you39re interested in this role, click 39apply now39 to forward an up-to-date copy of your CV, or call us now.

Hays Poland sp. z o.o. is an employment agency registered in a registry kept by Marshal of the Mazowieckie Voivodeship under the number 361.

Prezentacja firmy

HAYS Poland jest firmą doradztwa personalnego, należącą do międzynarodow... HAYS Poland jest firmą doradztwa personalnego, należącą do międzynarodowej grupy HAYS plc, notowanej na giełdzie w Londynie i największej na świecie firmy zajmującej się rekrutacją specjalistyczną.
Hays działa na rynku rekrutacyjnym od ponad 50 lat, posiada ponad 250 biur, w których łącznie pracuje ponad 10 tysięcy ekspertów w 20 specjalizacjach.

W 2003 roku otworzyliśmy pierwsze biuro w Polsce. Od tego czasu umocniliśmy naszą pozycję na polskim rynku, stając się niekwestionowanym liderem w rekrutacji specjalistycznej. Obecnie w Hays Poland zatrudnionych jest ponad 200 osób w biurach w Warszawie, Katowicach, Wrocławiu, Krakowie, Trójmieście oraz Poznaniu.

Cechą wyróżniającą HAYS jest unikalny system rekrutacji wysokiej klasy specjalistów w oparciu o podział na dywizje:
HAYS Accountancy & Finance
HAYS Construction & Property
HAYS IT & Telecom
HAYS Manufacturing
HAYS Pharma & Healthcare
HAYS Sales & Marketing
HAYS Executive Rozwiń

Dodatkowe informacje

Ostatnia aktualizacja:

23/02/2025

Wymiar etatu:

Pełny etat

Rodzaj umowy:

Na czas nieokreślony

Liczba wakatów:

1

Min. doświadczenie:

1 rok

Min. wykształcenie:

Policealne

Branża / kategoria:

Praca IT - Project Management, Praca IT - Programowanie / Analizy, Praca IT - ERP