Model Validation Officer

il y a 3 jours


Luxembourg Clearstream, part of Deutsche Börse Group Temps plein

**Model Validation Officer (f/m/d)**:
Tracing its origins to 1585, Deutsche Börse Group has become one of the world’s leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations. Deutsche Börse Group is an international company, headquartered in Frankfurt/Main, Germany. With more than 9,000 employees, the company has a strong global presence for its customers all over the world, including Luxembourg, Prague, Chicago, London, Cork, New York and many other locations. What’s your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies, covering the entire value chain of global financial markets.

**Clearstream Banking S.A.
As an international central securities depository (ICSD) headquartered in Luxembourg, Clearstream Banking S.A. operates the post-trading business - i.e. issuance, settlement and custody - for the Eurobond market and services for securities from over 55 domestic markets worldwide.

**Your area of work
**Your responsibilities
- Define and maintain guidelines and documentation
- Develop appropriate quantitative and qualitative validation methods
- Develop and maintain validation concepts for capital requirement models in scope
- Carry out initial as well as regular and ad-hoc validations of models within Risk Management Independently assess the adequacy of risk models on a regular basis
- Engage with model owners and development experts to ensure model risk is properly addressed
- Deliver model validation analysis and reports in support of senior management & committee review Collaborate with internal and external auditors

**Your profile
Graduate degree in a financial or quantitative discipline, PhD would be an asset

At least 3 years of relevant work experience, preferably in model development or model validation

Good understanding of financial markets, financial products, as well as the regulatory landscape (ICAAP, ILAAP, CSSF)

Well-developed analytical skills, high results orientation and good communication skills

Efficient team player with a high degree of organizational self-reliance

Good programming skills (e.g. Python, R, C++, Java), experienced with databases (e.g. SQL)

Experience in writing business requirements and specifications

Proficiency in written and spoken English, German or French language skills would be an asset

Duration: full-time contract

We look forward to receiving your CV and Cover Letter in English



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