Risk Model Validation Consultant

3 semanas atrás


Lisboa, Lisboa, Portugal Buscojobs Portugal Tempo inteiro

Job Summary:

We are seeking a highly skilled Risk Model Validation Consultant to join our team in Portugal. As a key member of our Financial Services Risk Management (FSRM) team, you will work on a range of regulatory projects, utilizing your technical knowledge and client-facing experience to help prestigious clients in the financial services market.

About the Role:

  • Provide a well-integrated broad array of risk management services for financial institutions with a high level of efficiency and quality.
  • Support financial institutions through the definition of governance models, policies, processes, and procedures in accordance with local, national, and global requirements.
  • Assist in establishing, monitoring, evaluating, and interpreting data with a risk management focus.
  • Support the implementation of key regulatory requirements and guidelines.
  • Develop Probability of Default and Loss Given Default risk rating models for commercial & corporate borrowers.
  • Develop time series Stress Test models to support capital planning initiatives.
  • Support performance monitoring and model validation.
  • Perform data manipulation and analysis using SQL, SAS, and other tools and present results and recommendations to Credit Risk Management.
  • Contribute to the analysis of impairment models.
  • Participate in regulatory risk assessment exercises and independent reviews of the applicable prudential framework.
  • Identify risk and/or improvement opportunities.
  • Understand and adhere to the clients' risk and regulatory standards, policies, and controls in accordance with the clients' risk appetite.
  • Identify risk-related issues needing escalation to management.

Key Skills and Qualifications:

  • Academic degree in Management, Economics, Finance, Statistics, Mathematics, or similar financial/analytical fields of study.
  • At least 3-4 years of experience in risk management analysis and projects, mainly in the banking sector. Background in consulting environment is highly valued.
  • Knowledge of local and international banking regulations that affect models and rating systems.
  • Relevant experience in development or validation end-to-end statistical models, including credit IRB, IFRS 9 provisioning, and stress testing.
  • Knowledge and previous experience of PD / LGD / EAD modelling or validation.
  • Good knowledge of risk model development and validation techniques.
  • Understanding of industry-wide modelling practices and trends.
  • Knowledge in SAS, SQL, R, VBA, and other programming languages is an asset.
  • Ability to work in multicultural projects and environments.
  • Fluent written and verbal communication skills in English.

Salary: €80,000 - €110,000 per year, depending on experience.

Location: Portugal



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