let’s make something together

Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days.

Find us

PO Box 16122 Collins Street West
Victoria 8007 Australia

Email us


Phone support

Phone: + (066) 0760 0260
+ (057) 0760 0560

Senior AVP, Model Risk Management

  • By Weronika Nowak
  • 22 April 2024

Join one of the world’s largest banking and financial services organisations! Our Client’s global businesses serve more than 40 million customers worldwide through a network that covers 64 countries and territories.


About the role:

Do you have analytical mind and like to solve quantitative problems? Can you extract statistical insights from the data? Would you like to work in an international and supportive environment, and to learn industry best practices in one of the world’s largest banks? Well, then your best match could be the Model Risk Management Team which is an international team consisting of Model Risk Stewards, Model Risk Governance and Independent Model Review. Independent Model Review (IMR) is a specialist quantitative group which aims at independently validatingthe company’s models.


What you’ll do:
  • Perform independent model validations as part of a specialist quantitative team within the Model Risk Management department, called Independent Model Review.
  • Conduct quantitative and qualitative research with focus on model data, design, performance, and implementation for one of our functional streams. The company covers various types of models including credit risk models (e.g., IRB, IFRS9, Stress Testing, Economic Capital, application and behavioural scorecards), climate risk models, as well as market risk models (e.g., VaR, IRC, RNIV, Exposure at Default, CCR RWA, pricing models, algorithmic trading models, ALCM models, Valuation models).
  • Assess quantitative or expert-based models to identify their assumptions and limitations. Formulate opinions about conceptual soundness of models’ design and their adequacy for intended usage. This includes quantification of model risk drivers and assessment of their impact on the model credibility.


What you need to have:
  • Academic degree (MSc or PhD) — good fits are: Statistics, Mathematics, Physics, Econometrics, Quantitative Finance, or related fields.
  • Programming skills – knowledge of one of the following: R, Python, SAS, Matlab, C++, or SQL.
  • Good written and verbal communication skills in English.
  • Experience in independent model validation, model building and/or quantitative research.
  • Professional qualifications (e.g., PRM, FRM, CQF) are beneficial.


What can you expect:
  • Annual performance-based bonus.
  • Additional bonuses for recognition awards.
  • Multisport card.
  • Private medical care.
  • Life insurance.
  • One-time reimbursement of home office set-up (up to 800 PLN).
  • Corporate parties & events.
  • CSR initiatives.
  • Nursery discounts.
  • Financial support with trainings and education.
  • and more!


Note: Prepare your CV in English (PDF), fill in the form, and apply! 🙂

Dotcommunity is registered in the Register of employment agencies (KRAZ) under number 9904.

    * - required