Job Description
Within the Model Risk Management (MRM) department the Credit Risk & Non-Financial Model Validation teams are organized into four teams: Regulatory Credit Risk & Scoring Model Validation, IFRS9 and Credit Stress Test Model Validation, ALM Model Validation, and Compliance & Non-Financial Risk Model Validation. The Regulatory Credit Risk & Scoring Model Validation team is looking for a Quantitative Analyst to validate models for IRB credit model validation.
The collaborator will be tasked with validating models in the Non Retail Credit Risk Model Validation domain. The responsibilities associated with this validation process include:
* Evaluating the risk dimensions of models (including data, methodology, performance, monitoring, usage, and documentation);
* Preparing a validation report and presenting findings to the validation committee;
* Monitoring the implementation of recommendations designed to enhance the models;
* Conducting oversight of regulatory and methodological developments.
Qualifications
* Master's degree in a quantitative field.
* Prior experience, at least 3 years, in credit risk modeling or validation within the banking sector is necessary.
* Familiarity with the regulatory landscape and texts related to risks including (NDOD, Basel IV, EBA Guidelines, CRR/CRD, Collateral eligibility, ECB Guide to Internal Models);
* Understanding of modeling techniques (including statistics, economics, machine learning algorithms, etc.);
* Expertise in programming languages such as Python, SQL, and R;
* Expertise in Microsoft Office applications (Excel, PowerPoint, Word);
* Excellent writing skills and capacity for synthesizing complex information;
* Advanced written and spoken English and French as a plus.
Soft Skills:
* Ability to work independently;
* Attention to detail;
* Proactive mindset;
* Excellent interpersonal communication;
* Competence in written communication.
We will only consider English Cv's.
Additional Information
#MuchMoreThanJustAJob
Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto's most typical neighborhoods. This Purple Day is going to be a busy one: daily meeting ensuring all team members are on the same page regarding work status, priorities and blockers, language class and, just after, a Talent Management meeting with your manager, discussing your career path.
Lunch break. Today, your Team is onboarding newcomers, but also welcoming French colleagues: the perfect excuse to walk downtown and bond over a francesinha. When returning, inhale nature and peace of mind in Natixis Urban Garden (look at the crops; ready to harvest).
Back inside. Brainstorming session on a new, exciting project in our disruptive and immersive Manaus Village. The afternoon went flying (tasks, meetings, some jokes with your teammates). End it on a high note: celebrating cultural diversity with a Diwali, the Indian festival of lights.
Tomorrow, you attend a conference led by influential speakers in your industry and, the day after, you will work from home, benefitting from some focus time to complete that report and soft skills course on LinkedIn Learning. Once you are done with your work for the day, strike the right note playing with Natixis band or be part of a board games session. If that is too steady for you, meet your colleagues to catch some waves or sail the Douro river during golden hour.