Medior Risk Model Validator
Department
Risk & Compliance
Location
Amsterdam Zuidas Netherlands
Date Posted
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At LeasePlan, we are always asking What's next in mobility.

Join our team and be part of a dynamic, exciting and engaging business, so we can discover What’s next together!

You are responsible for:

For our Medior Risk Model Validator vacancy we are looking for a new colleague at our Amsterdam based office. The model validation team is responsible for performing all initial and periodic validations of the credit risk, asset risk, market risk, operational risk, liquidity risk  and other risk models managed by Group Risk. The Model Validator operates independently of the model development team to ensure the objectivity of the validation process. The validation process covers the quantitative assessment of data, methodology, calibration and model use. The model validator also participates in the maintenance of the model risk related policies and standards.

Our ideal candidate has strong analytic skills as well as strong communication skills to communicate with a wide range of stakeholders. The following is a summary of responsibilities: 

  • Validation of new models and existing models in the domain of credit risk, asset risk, market risk, operational risk and other risk domains.
  • Quantitative analysis on data used in the model and analysis of model performance.
  • Assessment of model methodology
  • Replication of key results and reporting the model validation results.
  • Manage a validation project in terms of timelines and deliverables.
  • Verify if models are in line with internal model standards as well as external regulations/guidelines.
  • Support junior validators

Model validation acts as a centre of expertise by sharing knowledge on modelling, validation, model risk management and regulatory compliancy with all our stakeholders.

To succeed in this role, you have the following skills and experience:

  • Preferred 3-5 years of work experience in model validation and/or quantitative analysis.
  • Quantitative academic education in a relevant field like mathematics, statistics, econometrics or physics.
  • Good knowledge of  one or more of the following - statistics, financial mathematics, stochastic calculus and/or machine learning.
  • Experienced in modern programming languages(e.g. Python,R).
  • Participation in validation of regulatory models (ECB, EBA, CRD, IFRS).
  • Good knowledge of regulatory requirements.
  • Able to effectively communicate to a wide range of stakeholders.
  • Able to work under high pressure.
  • Strong analytic skills and advanced interpersonal and communicative skills.


Why LeasePlan?

LeasePlan is a global leader in Car-as-a-Service, with approximately 1.9 million vehicles under management in approx. 30 countries. LeasePlan purchases, funds and manages new vehicles for its customers, providing a complete end-to-end service for a typical contract duration of three to four years. With over 50 years’ experience, LeasePlan's mission is to provide what’s next in sustainable mobility so our customers can focus on what's next for them.

Discover more about LeasePlan’s culture and way of working by following us on Instagram and stay up to date with the latest industry news by subscribing to our LeasePlan Community.

Join us!

If you have the right profile and experience, and would like to join LeasePlan on its What’s Next journey,  do let us know why you are our new Medior Risk Model Validator!

Careers at LeasePlan

LeasePlan operates across more than 30 countries. With over 55 years’ experience, LeasePlan’s mission is to provide What’s next in mobility so our customers can focus on what’s next.

We also believe ‘you cannot grow a business; you can only grow people who can grow the business.’ LeasePlan is proud of its culture of service and care towards customers and each other, which has endured for over 55 years. By applying to work with LeasePlan, you are joining a team where you yourself will get to play a part in building the future of our business.

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