Hybrid Senior Analyst, Model Validation

Posted 4 weeks ago

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About the role

  • Periodically perform and lead validation or risk models used for credit decision making, IFRS 9, internal stress-testing and ICAAP/ILAAP
  • Contribute and lead validations of models that are part of Luminor model inventory and validation plan
  • Contribute to the development and maintenance of requirements for validation of risk models in Luminor
  • Drive the development and maintenance of Model Risk Management Framework
  • Outline and discuss model risk-related findings with different stakeholders within Luminor
  • Prepare and present validation reports for approval
  • Drive collaboration with other units to manage identified compliance gaps, issues and risks and implement action plans and recommendations
  • Lead in providing internal trainings to bank colleagues on various validation and model risk management related topics

Requirements

  • Good knowledge of Bank products, processes, IT systems, and regulatory environment surrounding risk management areas
  • Strong understanding of mathematical/statistical concepts needed for quantitative risk management
  • Strong communication and presentation skills, ability to create highly professional written material
  • Ability to drive independently various assignments in risk management area
  • Fluent English in spoken and written communication
  • Initiative to learn quickly new tasks
  • Innovative and change mindset
  • Thoroughness, accuracy and accountability
  • Analytical thinking and ability to make decisions quickly
  • Time management skills

Benefits

  • Flexible working hours
  • Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
  • Additional weeks of vacation available for employees who have been with the company for 1 year or more
  • Volunteer time off for societal contributions
  • 30 fully paid calendar days for military training each year
  • Health insurance after the first 3 months in all three Baltic states
  • Health days without a doctor's note needed
  • Access to tools and resources for personal productivity
  • Internal and external training programs, LinkedIn learning, workshops, conferences, online training
  • Special offers & pricing for Luminor products & services

Job title

Senior Analyst, Model Validation

Job type

Experience level

Senior

Salary

€3,270 - €4,910 per month

Degree requirement

Bachelor's Degree

Location requirements

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