Model Risk Specialist: Validate Models & Drive Insights

Euronext; Roma; On-site; EUR 45,000 - 55,000; Full time

Job summary

Euronext in Rome is seeking a Model Risk Specialist to join the Model Risk LOD2 Team in Rome. You will independently validate risk models and develop Python replications for margin and stress testing.

The ideal candidate has a Master’s degree in a quantitative field, 5-7 years in banking or financial services, and strong programming skills (Python/SQL/Julia). Fluency in English is essential, with excellent communication and teamwork abilities.

Qualifications

• Master’s degree in quantitative field; strong knowledge of financial markets.
• 5–7 years in banking or financial services (or regulators/consultancy).
• Proficiency in Python/SQL with model development experience.
• Fluency in English; strong written communication.
• CFA and/or FRM certification preferred.

Responsibilities

• Validate risk models for market, credit and liquidity risk.
• Develop Python replications of margin and stress testing models.
• Analyze significant model changes; propose alternatives.
• Design sensitivity analyses, backtesting, anti-procyclicality and stress testing.
• Validate input data; improve data analysis and reporting processes.
• Liaise with Regulators for MV topics; draft validation reports.

Skills

Python

SQL

Julia

Excel

Analytical thinking

English

Teamwork

Communication

Education

Master’s degree in quantitative field

Tools

PyCharm

Bloomberg

Reuters

Job description

Euronext in Rome is seeking a Model Risk Specialist to join the Model Risk LOD2 Team in Rome. You will independently validate risk models and develop Python replications for margin and stress testing.

The ideal candidate has a Master’s degree in a quantitative field, 5-7 years in banking or financial services, and strong programming skills (Python/SQL/Julia). Fluency in English is essential, with excellent communication and teamwork abilities.