Model Validator

Summary:

Job Description:

What will you do

Youll interact intensively with all departments of the bank providing your assessment of methodologies and their implementation. For this purpose youll need to understand the business and youll be in direct contact with the business and other risk teams. Your opinions will be valued and your recommendations will be followed by model owners and the business.

Within Risk Management the Risk Analytics & Model Validation team is responsible for:

• Model validations: You will be exposed to all business-critical models within the bank in particular to those used for valuation pricing IRRBB FTP RAROC;
• Development and maintenance of policies and standards: You will help develop and maintain the banks model risk-related policies and standards.

Your team

As a model validator at NIBC youre not just an employee but a vital player in shaping the banks future. Your unique talents and perspectives will be valued and nurtured in our entrepreneurial and inventive culture.
We understand that flexibility is key to a healthy work-life balance. Thats why we provide modern devices and flexible working spaces allowing you to work where and when youre most productive.

Joining our Risk Analytics & Model Validation team youll be part of a diverse international team that values collaboration and teamwork. Heres what you can expect:

• Central role: Youll be at the heart of our organization interacting with all business units and senior management;
• Impact: Your opinions matter to us. Stakeholders will value your recommendations and youll see the direct impact of your work. Unlike in a large corporation you wont be lost in the crowd but will make a real difference as your voice will always be heard;
• Diverse team: Youll be part of a diverse international team learning from the varied experiences of your colleagues;
• Growth opportunities: We believe in helping our employees reach their full addition to excellent financial conditions we offer ample opportunities for development. At NIBC youre not just doing a job; youre building your career.

NIBC as employer

Founded in 1945 to finance the visionary entrepreneurs who helped rebuilding the Netherlands after the second World War NIBC was closely collaborating while professionally supporting companies and individuals in realizing their dreams and goals with a sustainable future in mind. As a midsize bank with a multicultural working environment that is best described as dynamic and ambitious we share a forward-thinking can-do attitude with our employees and clients which we call our THINK YES mentality. Our corporate values are Professional Adaptive Collaborative and Entrepreneurial. You will have a direct and meaningful impact on both the bank and its clients. By building our company on optimism and mutual trust and with our THINK YES mentality NIBC is an enterprising bank that enables ambitions.

Whats in it for you

NIBC is an ambitious environment where together we strive to create a fantastic workplace where you feel safe and challenged to be the best version of yourself. This is in line Professional Adaptive Collaborative and Entrepreneurial since you are in the lead of setting the PACE of your addition you receive a competitive salary plus:

• Several ways to support your development personally and professionally a.o.:personal development budget to spend at your own discretion professional budget provided by your manager to develop yourself in your work In-house learning offering;
• NIBC embraces the Hybrid way of Working. This means that we support working from home as well as encourage our colleagues to come to the office. NIBCs guideline is to spend at least half of the working time at the office;
• Travel expenses or NS Business Card 1st class;
• 32 holidays (which do not have to be registered);
• Excellent pension scheme (26% NIBC contribution);
• A voucher to improve your home office;
• The opportunity to take ownership and show initiative in your role. We are always open to new ideas and encourage to use your voice;
• The nature of our Grow to Make a Difference program enables you to be in charge of your own development;
• Two staff associations: YoungNIBC and MyLeisure;
• Vitality program annual company-wide sports & leisure days;
• Monthly internet allowance;
• Laptop and a company phone;
• Excellent facilities at the office (Coffeecorner Restaurant Exchange bar);
• Last but not least a fun workplace in which diversity and inclusion is valued (click here).

What do you bring

• A completed university degree in a quantitative subject such as econometrics mathematics physics or engineering;
• About 5 - 7 years of hands-on experience in financial model validation or development in the area of IRRBB and/or Market Risk;
• Ability to work with a range of data modelling software like Excel/VBA Python and SQL;
• Practical experience with regulatory requirements like BIS EBA CRD IFRS;
• Effective communication and collaboration eye for detail and a critical approach to both others work as well as your own;
• Dutch Residence: we offer VISA sponsorship to candidates who need it and already reside in the Netherlands.

Still intrigued
Click the apply button now! To upload multiple documents click the upload button again after uploading a document. An assessment may be part of the application procedure. For more information about the recruitment procedure or NIBC as employer you may contact our HR Servicedesk via

Applications via email will not be taken into consideration.