About the role

Aplyr's Quick Take

This role is about validating risk models used in financial markets, focusing on market, credit, and liquidity risks. You'll analyze model changes, conduct sensitivity and stress testing, and work closely with model developers and regulators. It's primarily an individual contributor role requiring strong analytical skills and technical expertise.

Good fit

Ideal candidates have 5-7 years of experience in finance or banking, with a solid background in quantitative analysis and risk management. Strong programming skills and the ability to communicate effectively are essential.

Worth noting

The role involves significant interaction with regulators and requires drafting technical specifications related to Basel III, which may appeal to those interested in regulatory compliance. The job spec is vague on day-to-day responsibilities beyond model validation.

Join us as a Model validation senior specialist!

Are you ready to shape the future of capital markets? We are looking for a Model validation senior specialist to join the Model Risk LOD2 Team in Rome. This is a position offering an exciting opportunity to contribute to our mission.

Key accountabilities:

•   Independently validate the risk models designed by LoD1 Risk used to measure market, credit risk and liquidity risk
•   Timely analyse significant changes to a model through a standardized approach and issue recommendations/suggest alternatives
•   Development and analysis of sensitivity analysis, backtesting and stress testing
•   Input data validation, implement process improvements to streamline data analysis and reporting
•   Liaise with Regulators for MV topics
•   Interact effectively with model designer and model developers
•   Presenting findings and recommendations to management and stakeholders

Additional activities:
• Draft technical specifications in the area of Credit and Counterparty risk (Basel III) following the launch of new products

Knowledge, Skills and Experience Required

•   Master’s Degree in Quantitative Finance, Engineering, Mathematics, Statistics, Physics or equivalent
•   Strong knowledge of financial markets and instruments, pricing, risk indicators
•   5-7 years of work experience in the banking or financial services industry, including regulators or consultancy firms
•   Proficiency in Microsoft Office package
•   Strong knowledge of programming languages (e.g. Matlab, Python, SQL, Julia, C++,…)
•   Strong analytical skills, critical thinking and problem solving attitude
•   Fluency in both spoken and written English
•   Strong attitude to teamwork and ability to work well under pressure
•   Excellent communication skills and outcome oriented
•   Knowledge of info providers (Bloomberg, Reuters)

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.

Aplyr's read

Euronext is a leading pan-European stock exchange, attracting finance professionals focused on equities and derivatives across multiple countries.
Synthesized from recent postings & public sources

What's promising

•Euronext offers a diverse range of roles across various European markets, providing international exposure.
•The company is a key player in Europe's financial infrastructure, offering stability and growth opportunities.
•Euronext's focus on innovation in financial products attracts forward-thinking professionals.

What to watch

•Working across multiple jurisdictions can lead to complex regulatory challenges.
•The competitive nature of financial markets may result in high-pressure work environments.
•Euronext's operations in several countries may lead to frequent travel and long hours.

Why Euronext

•Euronext is the largest pan-European exchange, operating in five major European countries.
•It offers a unique blend of traditional finance roles with modern fintech opportunities.
•Euronext's cross-border market operations provide a distinctive international work environment.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Euronext

Euronext

euronext.com

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Euronext is a pan-European stock exchange that operates regulated markets in Belgium, France, Ireland, the Netherlands, and Portugal. It provides a platform for trading equities, derivatives, and other financial instruments.