VP – Quantitative Analyst

Job title:

VP – Quantitative Analyst

Company:

Belvedere

Job description

VP/Lead VP, MRM – Market Risk – Quantitative Model Validation ExpertLocation: Krakow, Poland
Contract Type: PermanentJoin a global financial institution renowned for its expertise in Model Risk ManagementCollaborate with a diverse team of quantitative experts to validate and enhance market risk modelsCompetitive salary, annual performance bonuses, and comprehensive benefits packageFlexible working arrangements and opportunities for professional growth and developmentOur client, a leading global financial institution, is seeking a highly skilled VP/Lead VP to join their Model Risk Management (MRM) function in Krakow, Poland. This is an exciting opportunity for a quantitative expert to play a crucial role in validating and ensuring the robustness of market risk models.Position OverviewAs a VP/Lead VP in the MRM team, you will be responsible for conducting independent model validation activities to assess the conceptual soundness, suitability, and compliance of market risk models. Your expertise will contribute to the overall effectiveness of risk management practices and help maintain the institution’s reputation for financial stability.ResponsibilitiesUndertake model validation activities as per the Global Model Risk PolicyAssess model inputs, calculations, reporting outputs, and implementationProvide comprehensive written validation reports and validate remediation activitiesEmbed new Global Model Risk Policies and ProceduresEnsure models comply with internal and regulatory expectationsParticipate in Governance Forums and liaise with stakeholders to resolve issuesProvide functional leadership for a small team of Model ValidatorsSupport recruitment, retention, and coaching of junior colleaguesDeliver high-quality and timely validation reportsRequirementsMaster’s or PhD degree in a quantitative discipline (Statistics, Mathematics, Physics, Econometrics, Quantitative Finance, or related fields)Experience with statistical modelling software/programming languages (e.g., Python, R, Matlab, C++, VBA)Proven track record in developing or validating models and presenting recommendations to Senior ManagementKnowledge of Stress Testing and Scenario Analysis models, Traded Risk and Pricing Models, Global Markets Trading & Hedging models, or Asset Liability ModelsDetailed understanding of market risk concepts (VaR, Stressed VaR, Expected Shortfall, Risk Factor back-testing, time series analysis)Familiarity with local and international regulations (experience in FRTB framework implementation is a strong advantage)BenefitsCompetitive salary and annual performance-based bonusesAdditional recognition awards and a Multisport cardPrivate medical care, life insurance, and financial support for training and educationFlexible working hours and the option to work from home once a weekOpportunities for professional growth and development within a global organizationAlongside a comprehensive benefits package, you’ll be part of a diverse and inclusive team that values collaboration, innovation, and excellence. Our client fosters a supportive work environment where you can thrive professionally and make a meaningful impact in the field of Model Risk Management.

Expected salary

Location

Kraków, małopolskie

Job date

Fri, 04 Jul 2025 04:23:08 GMT

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