Senior Risk Model Validator
Department
Risk & Compliance
Location
Amsterdam Zuidas Netherlands
Date Posted
29-01-2024

At ALD Automotive | 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 Senior Risk Model Validator vacancy we are looking for a new colleague at our Amsterdam based office. The model validation team is responsible for performing initial and periodic validations on all models that exist across the LeasePlan/ALD landscape. More specifically, models belonging to credit risk (AIRB/IFRS9), residual value risk, market risk, liquidity risk, stress testing and credit decision models. 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 across multiple risk domains;
  • Assessment of model methodology;
  • Quantitative analysis on data used in the model and analysis of model performance;
  • Replication of key results and reporting the model validation results;
  • End-to-end management of a validation project including setting up project planning;
  • Verify if models are in line with internal model standards as well as external regulations/guidelines;
  • Support junior and medior validators;
  • Present validation results to senior management/risk committees;
  • Support reporting to and communication with the ECB.

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

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

  • Preferred 5-8 years of work experience in model validation;
  • Experience in validation of regulatory models (ECB, EBA, CRD, IFRS);
  • Quantitative academic education in a relevant field like mathematics, statistics, econometrics or physics;
  • Proficient in one or more of the following - statistics, financial mathematics, stochastic calculus and/or machine learning;
  • Experienced in modern programming languages (e.g. Python,R);
  • Thorough 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 | ALD Automotive? 

With over 3.3 million vehicles managed across more than 44 countries, we provide full-service leasing, flexible subscription services, fleet management services and multi-mobility solutions to customers of all sizes, including large corporates, SMEs, professionals, and private individuals. By leveraging our unique position to lead the way to net zero and further shape the digital transformation of the industry, we are well-positioned to meet the evolving mobility needs of our clients and provide them with the solutions they need to thrive.

At ALD Automotive | LeasePlan, we believe that our success is driven by our commitment to customer satisfaction. Our team is dedicated to delivering innovative solutions and technology-enabled services that help our customers focus on their everyday business. We’re committed to sustainable mobility and have made it a core part of our strategy. In everything we do, we’re guided by the principles of authenticity, curiosity, commitment and collaboration. We aim to foster an organisation that's diverse in people and ideas, where everyone can thrive and be themselves, no matter who they are.

Join us on this exciting journey as we continue to enable the transformation towards large scale adoption of sustainable mobility and provide our customers with the solutions they need to succeed. Follow our page for the latest updates, news, and insights.

*ALD Automotive | LeasePlan will rebrand to Ayvens across all 44 countries by 2025


 

Join us!

If you have the right profile and experience, and would like to join LeasePlan Corporation | ALD Automotive on its journey, do let us know why you are our new Senior Risk Model Validator.

Why ALD Automotive | LeasePlan?  

With over 3.3 million vehicles managed across more than 44 countries, we provide full-service leasing, flexible subscription services, fleet management services and multi-mobility solutions to customers of all sizes, including large corporates, SMEs, professionals, and private individuals. By leveraging our unique position to lead the way to net zero and further shape the digital transformation of the industry, we are well-positioned to meet the evolving mobility needs of our clients and provide them with the solutions they need to thrive. 

At ALD Automotive | LeasePlan, we believe that our success is driven by our commitment to customer satisfaction. Our team is dedicated to delivering innovative solutions and technology-enabled services that help our customers focus on their everyday business. We’re committed to sustainable mobility and have made it a core part of our strategy. In everything we do, we’re guided by the principles of authenticity, curiosity, commitment and collaboration. We aim to foster an organisation that's diverse in people and ideas, where everyone can thrive and be themselves, no matter who they are.

Join us on this exciting journey as we continue to enable the transformation towards large scale adoption of sustainable mobility and provide our customers with the solutions they need to succeed. Follow our page for the latest updates, news, and insights.

*ALD Automotive | LeasePlan will rebrand to Ayvens across all 44 countries by 2025.