Model Validation Quantitative Analyst (Generative AI/Agent-based AI)

Tasks

The Model Validation - Quantitative Analyst is a key member of the Model Risk Management team and is responsible for conducting independent technical validations of non-financial (e.g., compliance, machine learning/artificial intelligence/generative AI) and financial (e.g., stress testing, liquidity/ALM, credit risk, market risk, investment/research) models. This includes:

• Testing of model assumptions, validity, implementation, adequacy of input data, model parameters, and their calibration accuracy
• Conducting model risk assessments
• Identification and assessment of model limitations and evaluation of the overall risk of new and existing models
• Preparation and delivery of high-quality model validation reports to demonstrate robust, challenge- and risk-based validation results

Requirements

The following requirements apply to this position:

• Advanced degree in a quantitative field (artificial intelligence, mathematics, engineering, quantitative finance); master’s or PhD level; FRM or PRM certification is a plus
• Extensive knowledge and, preferably, at least 2 years of experience with non-financial models (e.g., machine learning, artificial intelligence, generative AI / agent-based AI)
• Experience with financial models (e.g., liquidity/ALM, stress testing, IRRBB, market risk, credit risk, investment/research/ESG) would be an advantage
• Programming experience in languages such as Python, R, and SQL
• Ability to work independently, demonstrating initiative, defining the scope of validation, designing independent technical tests, and clarifying and reporting results
• A results-oriented individual with outstanding interpersonal skills and excellent written and verbal communication skills in English (German is a plus)
• Customer-focused and able to communicate effectively with business partners and explain complex topics to a diverse audience

We offer

We offer challenging and varied work in an international environment. We look forward to receiving your complete application via our online application tool. You can find other interesting job opportunities on our careers page.