Model Risk Specialist

This is Adyen

Adyen provides payments, data, and financial products in a single solution for customers like Meta, Uber, H&M, and Microsoft - making us the financial technology platform of choice. At Adyen, everything we do is engineered for ambition. 

For our teams, we create an environment with opportunities for our people to succeed, backed by the culture and support to ensure they are enabled to truly own their careers. We are motivated individuals who tackle unique technical challenges at scale and solve them as a team. Together, we deliver innovative and ethical solutions that help businesses achieve their ambitions faster.

 

Model Risk Specialist 
We are looking for a Model Risk Specialist in Amsterdam to help drive our model risk management framework as we scale our in-house machine learning and financial models globally. In our flat organization, you’ll move fast and work hands-on to build, represent, and maintain the full scope of model risk as we expand into new products and countries.

What you’ll do:

• Conduct independent validations of models used in risk management, financial forecasting, decision-making, or other business functions;
• Assess model assumptions, methodologies, input data, and output for accuracy, robustness and alignment with intended use cases;
• Develop and implement benchmark models or alternative approaches to test a model’s performance;
• Review and evaluate model documentation, ensuring clarity, completeness, and compliance with internal policies and regulatory guidelines;
• Identify model risks, limitations, and weaknesses, provide actionable recommendations to mitigate those risks;
• Act as a sparring partner for model developers to resolve findings and enhance model quality;
• Ensure compliance with regulatory standards on model risk management;
• Participate in the maintenance of a model risk management governance framework and validation procedures;
• Carry out risk assessments across the company, across product offerings, across the globe; and
• Further strengthen a high-performing second line risk team that covers all Adyen risks.