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Model Validation Specialist (m/f/x) in Model Risk Management / Credit Validation
Deutsche Bank AG
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Model Validation Specialist (m/f/x) in Model Risk Management / Credit Validation

Deutsche Bank AG

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Details
Posted:
August 1, 2022
Location:
Frankfurt am Main, Germany
Salary:
Open
Type:
Full Time
Position Overview

Background information on Model Risk Management and Credit Validation:
Model Risk Management is responsible for holistic management of model risk. This includes the independent validation of internal models as well as the identification and the monitoring & controlling of model risk.

Within Model Risk Management, Credit Validation is responsible for the validation and model risk management of credit risk models of Deutsche Bank Group. This scope includes validation of rating methodologies, according credit risk parameters as well as IFRS9 accounting and credit stresstesting models.

Job description:
  • Quantitative validation of rating methodologies and credit risk parameters of credit risk models and respective stresstesting models of Deutsche Bank including pre-implementation validations of new models / model changes
  • Extensive use of sophisticated data analysis and statistical methods (classification, regression) for validation of credit risk models
  • Discussion of validation results with internal and external stakeholders such as model developers, regulators and auditors
  • Continuous improvement and enhancement of validation approaches, especially taking into account regulatory requirements, as well as automation of validation analyses
  • Assurance of Model Risk Management requirements, e.g. SR11-07 validation standards
Professional and personal qualifications:
  • Academic degree in a quantitative discipline (e.g. Mathematical Finance / Statistics) with a focus on application
  • Experience in preparation as well as descriptive and explorative analysis of default and loss data as well as practical knowledge in the modeling and/or validation of credit risk parameters (PD, LGD, CCF), IFRS9 accounting (ECL) or stresstesting models
  • Perennial professional experience in financial risk management in general
  • Knowledge with statistical and other software packages (Python, SAS, R)
  • Pronounced conceptual and analytical skills
  • Business fluent written and verbal skills in English, German language skills are beneficial
This is a full-time position.

What we will offer you:
https://careers.db.com/explore-the-bank/working-environment/benefits-wellbeing/
Please note that this may vary slightly from location to location.

In case of any recruitment related questions, please get in touch with Anna Wieclawski.

Contact: Anna Wieclawski (+49(151) 180-70363 )

Unsere Werte bestimmen das Arbeitsumfeld, welches wir schaffen m??chten - vielf??ltig, wertsch??tzend und offen f??r verschiedene Meinungen. Nur eine Unternehmenskultur, die eine Vielzahl von Perspektiven, sowie kulturellen und gesellschaftlichen Hintergr??nden vereint, f??rdert Innovation. Wir setzten auf vielf??ltige Teams, in welchen die Menschen ihr volles Potential entfalten k??nnen - denn das Zusammenf??hren verschiedener Talente und Ideen spielt eine entscheidende Rolle f??r den gesch??ftlichen Erfolg der Deutschen Bank.

Unsere Unternehmenskultur setzt hohe ethische Standards und f??rdert ein gutes Miteinander. Unabh??ngig von kulturellem Hintergrund, Nationalit??t, ethnischer Zugeh??rigkeit, geschlechtlicher und sexueller Identit??t, k??rperlichen F??higkeiten, Religion und Generation freuen wir uns ??ber Bewerbungen talentierter Menschen.
Sprechen Sie uns an: Wir bieten flexible Arbeitszeitmodelle und weitere Zusatzleistungen, um Sie in Ihrem Berufsleben zu unterst??tzen.

Klicken Sie hier f??r weitere Informationen zu Vielfalt und Teilhabe in der Deutschen Bank.

Internal Number: 15336258
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