Position: Senior Model Validation Specialist
Company: Commerzbank
Category: Other
Experience required: no_exp
English level: intermediate
Published: 2022-07-01T00:00:00+03:00

📢 Join our team as a Senior Model Validation Specialist! 📢

What you will be doing? 👇

Independently performing complete validations according to the validation concept and supervising junior validators,
Preparation of validation and management reports,
Presentation of validation results to the Validation Committee,
Presentation of validation approach and results to internal and external auditors,
Contribution to further development of risk model validation methods and approaches with regard to content as well as for implementation of new regulatory required standards, corresponding adjustments to validation concepts,
Contribution to consultation of new regulatory requirements.

Which technology & skills are important for us? 👌

High knowledge of statistical/mathematical methods applied in the area of credit risk models (PD, LGD, EAD, IFRS 9, CVaR stress) supported by extensive experience in this area
Very good knowledge of R, SQL with experience in analysis of huge data sets
English C1 level
Experience in writing high quality validation reports and other documentation
Writing high quality validation codes with SAS (migration to R)
Strong analytical skills and attention to details
Proactively driving projects and tasks to deliver results

Do not worry, if you do not have experience in some of the points - we will provide trainings for you! 😉

How?
📌 Remotely or hybrid on Wersalska 6 street (Łódź)

What we offer? 🥳
SkillsWork - development program
Language trainings - English, German and Polish courses
26 days of full paid holiday + extra day off for each man-year
Sodexo Lunch Pass - pre-paid card for lunch
Referral Program
Relocation Assistance Program
Employee Assistance Program (psychological support)
E-learning platforms: O'Reilly, libraries, tutorials
Multisport

Of course, we offer Development Plans for employees, Medical Care Package, Life insurance, flexible working hours, integration events and much more 😎
Below you can find more information about Commerzbank and cluster 👇

Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.

Description of the cluster:

Model Validation department – a part of Group Risk Controlling & Capital Management division with headquarters in Frankfurt a.M. – is responsible for validation of models in the following areas: credit (PD, LGD, EAD, IFRS 9, CVaR, stress), operational, market, liquidity, and counterparty risk.

As a Senior Specialist you will have an opportunity to work with a broad spectrum of sophisticated risk models developed at one of Europe’s largest banks.

🚩 Please add the following clause to your application:
1. I consent to the processing of personal data contained in this document by Commerzbank AG with its registered office in Frankfurt am Main, Germany, 60261 Kaiserplatz, operating through the Branch in Poland with its registered office in Łódź, 91-203 Łódź, ul. Wersalska 6, KRS 0000631053, for the implementation of the current recruitment process and for the future recruitment for a period of 6 months, in accordance with the Regulation of the European Parliament and of the Council (EU) 2016/679 of 27 April 2016 on the protection of individuals with regard to the processing of personal data the free flow of such data and the repeal of Directive 95/46 / EC (RODO) and in accordance with the Act of 10 May 2018 on the protection of personal data (Journal of Laws of 2018, item 1000). I provided my personal data voluntarily and I declare that they are truthful. I have the right to withdraw this consent at any time. The withdrawal of consent shall not affect the lawfulness of processing based on consent before its withdrawal.

2. I have read the content of the information clause, including information about the purpose and methods of processing personal data and the right to access my personal data and about the right to correct, rectify and delete it.