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
  • Contribute and 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 the collaboration with other units to manage identified compliance gaps, issues and risks and to implement action plans and recommendations
  • Lead in providing the internal trainings to other bank colleagues on various validation and model risk management related topics

Requirements

  • Good knowledge of the 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 a highly professional written material
  • Ability to drive independently various assignments in risk management area.
  • Fluent English is required 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

Benefits

  • Flexibility. 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)
  • International teams. Teams that go outside Pan-Baltic borders, where people value challenging work together with good humor and having fun
  • Culture. You’ll be joining a team where things move fast, ideas flow freely, and change is part of the everyday.
  • More vacation. Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
  • Volunteer time off. We care about giving back to society, therefore, you will get additional days off for volunteering purposes
  • Paid leave. We are proud of our employees who are participating in military training. Therefore, Luminor offers 30 fully paid calendar days for military training every year
  • Health benefits. A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states, as well as Health days in case of your absence due to sickness without a doctor's note needed
  • Wellbeing. Access to tools and resources that help you feel good and be productive at work and in life
  • Professional growth. Internal and external training programs, LinkedIn learning, workshops, conferences, online training, etc
  • Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor

Job title

Senior Analyst, Model Validation

Job type

Experience level

Senior

Salary

€3,590 - €5,390 per month

Degree requirement

Bachelor's Degree

Location requirements

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