Tracing its origins to 1585, Deutsche Börse Group has become one of the world’s leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. What’s your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies for security, transparency and integrity on the markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations. Your area of work Model Validation provides independent effective challenge of models, applying financial theory and quantitative methods. We define validation guidelines, develop appropriate validation methods, employ validation instruments on a regular basis and perform ad hoc model reviews in light of a changing regulatory environment and market conditions. Your responsibilities • Develop appropriate quantitative and qualitative validation methods including potential outcomes and their impact • Participate in the initial validation of new and/or changed models • Define and track Model Validation findings and work on potential recommendations to the model owner • Maintain the model inventory of the different legal entities • Assess the adequacy and robustness of risk models on a regular basis and prepare regulatory submissions • Deliver model validation analysis and reports in support of senior management & committee review and challenge of the risk position Your profile • You have completed your university degree in Economics, (Financial) Mathematics, Computer Science, Physics, or any other quantitative discipline • You gained first relevant professional experience in risk management, ideally in Model Validation or Model Development • You have sound knowledge and first practical experience in one or more of the fields Credit Risk, Market Risk and Operational Risk, quantitative (risk) modelling (Monte Carlo-Simulation, statistics, econometrics,…), ICAAP, ILAAP and Financial Regulations • You have good technical knowledge and (object-oriented) programming skills, ideally in Python • You are an efficient team player with good communication skills • Proficiency in written and spoken English; French/German language skills will be an asset as well as the ability to clearly present complex topics in plain terms