Model Risk Associate - Validation & Analytics

Goldman Sachs; Warszawa; On-site; PLN 334,800 - 558,000; Full time

Benefits offered by this job

Diversity and inclusion programs

Professional growth opportunities

Wellness and personal finance offerings

Job summary

A leading global investment firm is seeking a Model Risk Associate in Warsaw. This role involves validating and approving quantitative models, assessing model risks, and monitoring model performance. An ideal candidate possesses excellent quantitative skills, knowledge in stochastic modeling, and the ability to communicate complex issues effectively. The position offers an opportunity to be part of a distinguished Risk Management team focused on robust practices and compliance in financial modeling.

Qualifications

• Excellent quantitative problem-solving skills.
• Knowledge of stochastic modeling, numerical simulation, and data analysis.
• Preferred knowledge of machine learning.
• Ability to explain complex problems clearly.
• Eagerness to learn new technologies and programming languages.
• Strong organizational skills.
• Ability to work in a fast-paced environment.

Responsibilities

• Perform validation and approval of the firm’s models.
• Assess and quantify model risk by developing alternative benchmark models.
• Monitor ongoing model performance.
• Communicate validation outcomes to stakeholders.

Skills

Excellent quantitative problem-solving skills

Knowledge of stochastic modeling

Knowledge of numerical simulation

Data analysis skills

Machine learning knowledge

Good communication skills

Team orientation

Excellent organizational skills

Job description

A leading global investment firm is seeking a Model Risk Associate in Warsaw. This role involves validating and approving quantitative models, assessing model risks, and monitoring model performance. An ideal candidate possesses excellent quantitative skills, knowledge in stochastic modeling, and the ability to communicate complex issues effectively. The position offers an opportunity to be part of a distinguished Risk Management team focused on robust practices and compliance in financial modeling.