Model Validator ALM & Capital models

Word onderdeel van het Model Validation team bij NN Bank

Wat je gaat doen

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 Bank's models. As a Model Validator at NN Bank, you will be tasked with validating the bank's 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.

Wat we jou bieden

• Salary between €5,363 and €7,661 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

Wie jij bent

• 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

Met wie je samenwerkt

We're 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 "let's do it" mentality and prioritizing teamwork. We believe in fully exploring each individual's strengths and needs to place them in a role where they'll be happy and make meaningful contributions. We take ownership of our work, share knowledge, and collaborate to succeed together.