Treasury Model Validation Specialist D/M/W

Job Description:
Model Risk Management (MoRM) is responsible for the management of model risk in DB Group. This includes the independent validation of risk models as well as the identification, monitoring & controlling of model risk. Our aim is to identify, aggregate, manage and mitigate model risk across all risk types (market, credit, liquidity, operational and business risk). MoRM is located in Frankfurt, London, New York, Berlin, Bonn and Mumbai. For our team Treasury Model Validation, being responsible for the validation of all models owned by Deutsche Bank Treasury, which in particular includes IRRBB (Interest Rate Risk in the Banking Book) and liquidity risk models, we are looking for a Model Validation Specialist located in Frankfurt.
Your Responsibilities

• Challenge, analyse, test and independently validate mathematical and statistical risk models used by DB Treasury (mainly interest rate risk and liquidity models)
• Design and implementation of challenger models
• Creation of validation reports and communication of validation results in various fora.
• Collaborating in the development and maintenance of an internal Python library to improve the efficiency of testing and documentation
• Engaging with the due diligence aspects of the New Product Approval Process, and oversight of model governance for Treasury products

Your Qualifications

• Graduate degree in mathematics or mathematical finance, statistics, physics, econometrics or a comparable education or equivalent qualification and relevant work experience
• Strong analytical skills & proven ability to structure and solve problems independently
• Experience with databases / programming languages (e.g. Python, SQL, R)
• The ability to explain complex mathematical concepts and results in layman's terms
• Self-motivated and solution-oriented team player
• Excellent written and verbal skills in English

What we will offer you

• Flexible working hours and hybrid working models
• Development and training opportunities, e.g. via our digital learning platform
• Attractive compensation, including 30 days of vacation and a variety of benefits: Benefits&Wellbeing

Please note that this may vary slightly from location to location.
This job is available in full and parttime.
In case of any recruitment related questions, please get in touch with Julia Lotze. Contact: Julia Lotze +49(0)171-5570161
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