One of the Germany's leading investment banks is seeking a highly motivated Risk professional to join their Model Validation team. This is an urgent push within the company to grow within the Model Validation area. You will drive the validation of pricing models, namely credit & securitization derivative products, whilst working alongside experts in your field. This is an incredible opportunity to further your experience with a global brand.
Responsibilities:
*Engage in stress testing scenarios with regard to the bank's pricing models, and regulatory scenario stress testing (CCAR, RiBB, EBA)
*Provide detailed reports and reviews of the Risk Analysis processes, and communicate them to stakeholders both in the front office and the Methodology team.
*Play a key role in the development and validation of important derivative products
*Using your analytical skills, contribute to the continuous improvement of Risk Modelling processes and analysis
Requirements:
*An advanced degree or equivalent in a field such as Mathematics, Physics, Finance.
*1 - 5 years' experience working with pricing models / derivative products
*Strong knowledge of Stochastic Calculus and Monte Carlo methods
*Very strong mathematical skills
*Good knowledge of the coding and methods used in Model Validation, such as Python script
