Model Validator ALM & Capital models
Share
Job Location:
The Hague - Netherlands
Monthly Salary:
€ 5363 - 7661
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
What you are going to do
Are you someone who thrives on tackling analytical tasks working with data grasping complex theories and making a significant impact within an organization Join our diverse international team of collaborative individuals in the validation of NN Banks models. As a Model Validator at NN Bank you will be tasked withvalidating the banks models with a focus on retail client behavior modeling within ALM for IRRBB and Liquidity Risk management. Your responsibilities will include conducting thorough model validation evaluating data quality verifying methodology accuracy ensuring compliance with regulations preparing detailed validation reports and engaging with various stakeholders such as model developers senior management audit teams and regulators.
What we offer you
NN invests in an inclusive inspiring work environment and in skills and competences for the future. We match this with employee benefits that are in line with what is needed today and in the future. This way we offer our employees the opportunity to get the best out of themselves. We offer you:
Salary between 5363 and 7661 depending on your knowledge and experience
13th month and holiday allowance are paid with your monthly salary
27 vacation days for a 5-day working week and one Diversity Day
A modern pension administered by BeFrank
Plenty of training and learning opportunities
NS Business Card 2nd class which gives you unlimited travel also privately. Do you prefer to travel with your own transport Then you can declare the kilometers travelled
Allowances for setting up your home office and for internet use
Who you are
University degree in a quantitative discipline e.g. (financial) mathematics (theoretical) physics statistics/econometrics machine learning data science/engineering or similar at least at Master level. A PhD and/or additional qualification (e.g. FRM CFA CQF certificates or second Master degree in economics finance or similar) is desirable
Have at least 3 years of relevant work experience in the financial industry (e.g. modeler model validator quantitative risk manager quant developer quantitative consultant) and/or in related research. Having prior experience in ALM model development and validation is advantageous
You are familiar with regulatory requirements for banking (Basel IV CRR/CRD EBA technical standards and guidelines)
Experience with modern programming languages e.g. Python database tooling e.g. Databricks and their application in statistical analysis.
Full professional proficiency of English both in writing and verbally
Who you will work with
Were so excited to introduce you to our team Model Validation which is a young department within NN Bank/CRO. We are truly an international team. At the moment we have five amazing members but our goal is to grow to 7-8 FTEs in the upcoming years. We pride ourselves on having an lets do it mentality and prioritizing teamwork. We believe in fully exploring each individuals strengths and needs to place them in a role where theyll be happy and make meaningful contributions. We take ownership of our work share knowledge and collaborate to succeed together.
Any questions
If you have any questions about the job you can reach out via phone or WhatsApp to Anna Wisniewska Head of MV via . Any questions about the process can be directed to Chantal Verhagen (Talent Acquisition Specialist) via and .
Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
