Chief Risk Model Analyst

il y a 1 semaine


Luxembourg City Banque Internationale à Luxembourg BIL Temps plein
About Us

Banque Internationale à Luxembourg BIL, founded in 1856, is the oldest multi-business bank in the Grand Duchy. With a rich history of active involvement in the development of the Luxembourg economy, BIL operates in retail, private and corporate banking, as well as on major capital markets. Employing over 2000 people, the bank is present in Luxembourg, Switzerland, and China.

Job Overview

We are seeking a Chief Risk Model Analyst to join our team. This role will involve performing validation on various models used at BIL, contributing to continuous improvement of validation methodologies and practices, and enhancing Model Risk Management.

Responsibilities
  • Validate different types of models employed in risk management and for other business purposes
  • Develop and maintain effective validation methodologies and practices
  • Enhance model risk measurement and contribute to the improvement of Model Risk Rating tools
  • Write comprehensive validation reports
  • Present validation results in the Model Risk Committee
  • Follow-up and track validation recommendations
Requirements
  • MSc in Statistics, Econometry, Mathematics or related fields
  • 5-6 years of experience in risk modeling, with expertise in Credit Risk or Market Risk and Basel III(+)
  • Strong programming skills in Python and Excel
  • Fluency in English (mandatory) and French (strong advantage)
Compensation and Benefits

The estimated salary range for this position is €80,000 - €120,000 per year, depending on experience and qualifications. Additionally, we offer a broad range of challenging projects, opportunities for career growth, and a supportive work environment that encourages individual development and diversity & inclusion.


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