Model Risk Validator Porto

Model Risk Validator
Porto
Porto, Porto District, Portugal

6 days ago Be among the first 25 applicants

Company Description

Natixis in Portugal is fully integrated into the global organization of Natixis, a French multinational financial services firm specializing in Asset & Wealth Management, Corporate & Investment Banking, Insurance, and Payments. A subsidiary of Groupe BPCE, Natixis employs nearly 16, 000 people across 38 countries.

Based in Porto, Natixis Centre of Expertise aims to transform traditional banking by developing innovative solutions for the bank’s business, operations, and work culture worldwide. Teams of IT and Banking Support Activities work in an integrated, inclusive, and transversal manner, supporting all business lines and country platforms.

Natixis in Portugal combines a “start-up mindset” with a large, solid structure. Its unique culture embodies a “beyond banking” personality:

to be a true entrepreneur,
- challenging, and committed to excellence.

Job Description

We are seeking an Experienced Quantitative Analyst to join the CUSO Model Validation team within Model Risk Management (MRM). The MRM Group, within the Risk Department, is responsible for Model Validation, Model Risk Assessment, and Model Risk Management for Natixis Group.

The successful candidate will conduct independent validation of various models used across the company to assess and quantify model risk.

Essential Duties and Responsibilities

• Coordinate and conduct model validation processes, ensuring adherence to internal policies, procedures, and regulatory guidelines.
• Collaborate
  - functionally within the organization, including with business lines and support units.
• Evaluate models based on data, parameters, design, methodology, implementation, and documentation.
• Organize the validation process for each topic, present outcomes to Committees, and track remediation efforts.

Qualifications

• Masters or Ph
  D in economics, statistics, finance, physics, mathematics, or related quantitative fields.
• At least 2-3 years of experience in model validation, development, research, or audit.
• Fluency in English (mandatory).
• Experience with pricing and risk models, including Stress Testing, IMM/EEPE, and IMA models.
• Strong communication skills, ability to interact with stakeholders at all levels.
• Teamwork and ability to work effectively in
  - paced environments.
• Self-motivated and independent worker.
• Proficiency in Microsoft Office.
• Advanced programming skills in C/C++, C#, Python, SQL, VBA, R, MATLAB, etc.

Note:

We will only consider CVs in English.

Additional Information

At Natixis, diversity and inclusion are core values. We implement a Blind CV Screening process to reduce hiring bias, excluding personal details such as gender, age, ethnicity, etc. when applying.

Join us for a dynamic day:

morning coffee, French class, medical appointment, lunch at the Urban Garden or downtown, afternoon meetings, and evening leisure activities like gaming, surfing, or sports.

Seniority Level

- Mid-Senior level

Employment Type

- Full-time

Job Function

- General Business, Management, and Business Development

Industries

- Banking

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