My client is a leading Investment Bank looking to grow out their Market Risk team in Frankfurt. As part of the Global Risk Methodologies Group (RMG) has the critical task of owning, developing and validating all the models that are used for computing capital adequacy and reporting for the whole firm under various regulator(s) provided scenarios or internal scenarios. As a Market Risk Associate you will: • Support the firm’s Market Risk Model (IMA). • Improve the economic models used in the ICAAP models. • Work closely with the local Risk Management and other functions as well as global methodology experts to determine business and regulatory needs and ensure the model implementation meets these needs. • Keep up-to-date with industry developments and regulatory changes and liaise with global methodology experts to ensure that the firm wide model development meets local requirements. • Tasks include developing methodology, building prototypes, writing technical business requirement document, performing model testing, ensure compliance with regulatory requirements and liaising with model validation group. • Act as a subject matter expert for the developed models and provide support to the model users. • Participate in periodic review of models and calibration of model parameters. • Support reviews and information requests from internal and external auditors including Independent Model Validation and the local regulator. • The role requires close collaboration with the local risk team as well as with the global methodology group. As a Market Risk Associate you will need: • Bachelor, Masters or PhD in Quantitative discipline (e.g. MSc Maths/Stats, Econometrics) • 2-6 years of experience either in Market risk or Credit risk modelling • Good analytical and communication (including in English) skills. Ability to work with team members from different cultural backgrounds from around the globe • Good understating of financial products including derivatives • Good understanding of European regulation including CRR and FRTB • Good knowledge of Python, SQL, VBA Select the Apply button below or contact me directly. I am a Risk & Governance market specialist working with a large variety of clients across the Financial Services industries in Benelux and Dachs. If this role is of interest to you, or if you’d like to explore other opportunities in the market, please feel free to reach out directly. Contact Luke Nash at 0203 994 882 or at l.nash@hamlynwilliams.com. #LI-LN1

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