Model Validation Officer

CrediaBank, which was created through the merger of Attica Bank and the former Pancreta Bank, is looking for a
Model Validation Officer
to join our dynamic team.

Job details

Job type: Full-time

Location:
Athens, Greece

Apply via email to:

About the job

CrediaBank is seeking for a Model Validation Officer to join our dynamic team within the Non-Financial Risks and Controls Division (NFRC). Reporting directly to the NFRC Director, you will support the validation and enhancement of models used for risk assessment and portfolio management. You will also contribute to the maintenance of the Bank's Model Validation Framework, working closely with all related parties.

Responsibilities

• Maintain and update, on a regular basis, the Bank's Model Validation Framework according to regulatory requirements and best business practices, including the required procedures and tools
• Develop and maintain the annual Model Validation Plan, coordinating model validation activities in collaboration with Model Owner
• Perform independent initial and periodic validation assessments, as well as other validation activities
• Track the progress of all validation corrective actions, ensuring continuous improvement of Bank's models
• Work closely with all related parties to ensure proper model documentation, ongoing model monitoring and enhancement throughout the model lifecycle
• Draft model validation reports towards key internal and external stakeholders, including the Bank's governing bodies and supervisory authorities
• Keep an up-to-date inventory of model validation findings with regards to models falling under the model governance framework.

Qualifications / Skills

• A bachelor's degree in quantitative field such as statistics, mathematics, finance or economics
• Α master's degree is desirable in relevant field of study
• Excellent command of both English and Greek (both written and spoken)
• At least
  3 (three) years
  of professional experience in risk model validation, risk model development or another related field
• Proficiency in data analysis / statistical analysis
• Proficiency in statistical programming languages (e.g., Python, R, SAS)
• Solid understanding of risk management and risk modelling principles, as well as risk modelling techniques
• Familiarity with financial products, banking operations and regulatory frameworks
• High attention to detail and strong critical thinking
• Problem solving skills
• Excellent communication, collaboration, and organizational skills
• Ability to adapt in a fast-paced working environment.

About CrediaBank

CrediaBank was created through the merger of Attica Bank and the former Pancreta Bank and is the 5th largest bank in Greece in terms of assets. It is a modern banking institution with a network of 65 branches and 5 business centers across the country, serving approximately 300,000 individuals and businesses with a wide portfolio of deposit, investment, and insurance products, mutual funds, loans, and brokerage services. Customer service is a top priority for CrediaBank, which is why it is the only bank that welcomes customers both with and without appointments, offers cashier services available throughout the day, and operates with extended hours through the CrediaConnect service.

CrediaBank operates as a credit institution supervised by the Bank of Greece, strictly applying both European and national regulatory frameworks governing the operation of banks. More information about the Bank is available on our website

We respect your personal data

CrediaBank, taking into account that the personal data of candidate employees is of great importance, informs you in accordance with Regulation (EU) 2016/679 and the relevant provisions of the applicable Greek legislation for the protection of personal data, in its capacity as controller of the type of personal data it collects, the reason they are collected and processed and how long they are retained here