Model Validation Senior Specialist (f/m/x)

Deutsche Bank; Berlin; Vor Ort; EUR 60.000 - 90.000; Vollzeit

Zusammenfassung

A global financial institution in Berlin seeks a candidate in Model Risk Management to contribute to model validation and risk management. Ideal candidates should have a strong mathematical background and experience in data analysis with tools like Python or R. The roles offer flexible working arrangements and a comprehensive benefits package designed to support both personal and professional needs.

Leistungen

Health check-ups

Mental health support

Flexible working arrangements

Pension plans

Company bicycle or 'Deutschlandticket'

Qualifikationen

• Requires advanced degree (PhD is a plus) in a relevant discipline.
• Strong mathematical background is essential.
• Experience with programming languages like Python and R required.

Aufgaben

• Contribute to model validation for risk management.
• Validate complex methods for CCAR and BAU.
• Review analyses to remediate validation findings.

Kenntnisse

Advanced degree in mathematics, finance, statistics, physics, or related discipline

Strong background in probability theory and statistics

Good knowledge about financial products and derivatives

Experience in data analysis and statistical tests using Python or R

Experience in credit, market, or operational risk

Fluent in English

Ausbildung

PhD in relevant field

Jobbeschreibung

Overview

Description

The Risk division plays a critical role in identifying and managing a wide range of risks to which Deutsche Bank is exposed as part of its global operations – from credit and market risks to non-financial risks. As an integral part of this division, Model Risk Management (MoRM) is tasked with performing independent model validation and actively managing model risk at a global level in line with Deutsche Bank’s risk appetite. Its teams are located in Frankfurt, Berlin, London and New York.

In the US Model Validation Team in Berlin, you will focus on developing and maintaining a central modelling and validation service covering all risk model types and methodologies. We have been investing heavily in digital technology and infrastructure with the aim of making Deutsche Bank more efficient, more resilient and less complex. This is your opportunity to make a valuable contribution and help drive our business forward in a fast-paced environment.

Your key responsibilities

• Contribute to maintaining and improving the soundness and reliability of models developed for CCAR (Comprehensive Capital Analysis and Review) and business as usual (BAU) relevant for the US legal entities.
• Regular validation of complex methods and procedures utilized for risk management.
• Analyse and enhance complex model methodologies and extension of the current validation concepts.
• Aggregate validation outcomes for reporting to senior management.
• Review and assessment of analyses performed by development units to remediate validation findings.
• Build relationships with stakeholders and business associates, internal & external.
• Support responses to internal and external audit requests, including interaction with regulators & supervisory authorities.

Your skills and experiences

• Advanced degree (PhD is a plus) in mathematics, finance, statistics, physics, econometrics or a related discipline.
• Strong mathematical background in probability theory, stochastic calculus, statistics or mathematical finance.
• Good knowledge about financial products / derivatives and the financial risks related to them is essential.
• Substantial experience in performing data analysis and statistical tests in programming languages like Python, R etc.
• Several years of experience in one of the following areas is required : credit risk, market risk and / or operational risk.
• Your written documents have to be structured and concise. You need to be fluent in English (written and spoken).

What we offer

We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs.

Emotionally and mentally balanced
A positive mind helps us master the challenges of everyday life – both professionally and privately. We offer consultation in difficult life situations as well as mental health awareness trainings.

Physically thriving
We support you in staying physically fit through an offering to maintain personal health and a professional environment. You can benefit from health check-ups; vaccination drives as well as advice on healthy living and nutrition.

Socially connected
Networking opens up new perspectives, helps us thrive professionally and personally as well as strengthens our self-confidence and well-being. You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.

Financially secure
We provide you with financial security not only during your active career but also for the future. You can benefit from offerings such as pension plans, banking services, company bicycle or “Deutschlandticket”.

This job is available in full and parttime.

In case of any recruitment related questions, please get in touch with Manuela Niedling.

Contact Manuela Niedling : [phone]

We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.