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Quantitative Analyst - Credit Risk Model Validation | Risk

On-site Full-time

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Experience Level

Mid to Senior

Qualifications

Master's degree in a quantitative discipline is required. A minimum of three years of relevant experience in credit risk modeling or validation within the banking sector is essential. Strong familiarity with regulatory frameworks and texts related to risk management, such as NDOD, Basel IV, EBA Guidelines, CRR/CRD, collateral eligibility, and ECB Guide to Internal Models;Proficient understanding of various modeling techniques, including statistics, economics, and machine learning algorithms;Advanced skills in programming languages like Python, SQL, and R;Proficient in Microsoft Office Suite (Excel, PowerPoint, Word);Exceptional writing skills, with the ability to synthesize complex data into clear reports;Fluency in English is mandatory; proficiency in French is a plus. Soft Skills:Ability to work independently and take initiative;Meticulous attention to detail;Proactive and solution-oriented mindset;Strong interpersonal communication skills;Capable of effectively conveying complex information in writing.

About the job

Join the Model Risk Management (MRM) department at Natixis in Portugal, where our Credit Risk & Non-Financial Model Validation teams work collaboratively across four specialized areas: Regulatory Credit Risk & Scoring Model Validation, IFRS9 and Credit Stress Test Model Validation, ALM Model Validation, and Compliance & Non-Financial Risk Model Validation. We are currently seeking a dedicated Quantitative Analyst to support our Regulatory Credit Risk & Scoring Model Validation team in validating Internal Ratings-Based (IRB) credit models.

The successful candidate will focus on the Non-Retail Credit Risk Model Validation domain, with key responsibilities including:

  • Assessing the risk dimensions of models, including data integrity, methodology, performance metrics, monitoring processes, usage, and documentation standards;
  • Drafting comprehensive validation reports and presenting insights to the validation committee;
  • Overseeing the implementation of recommendations aimed at enhancing model effectiveness;
  • Keeping abreast of regulatory updates and methodological advancements.

About Natixis in Portugal

Natixis in Portugal serves as a Centre of Expertise with the mission of revolutionizing traditional banking through the development of innovative solutions that enhance business operations and workplace culture for Groupe BPCE globally. As part of Groupe BPCE’s international division, Natixis in Portugal designs and implements solutions across two primary sectors: Corporate & Investment Banking and Asset & Wealth Management, in addition to providing essential transversal services that support all entities within the Group. With a diverse workforce of over 3,000 employees from 46 nationalities, our teams collaborate across sectors such as Information Technology, Banking Support Activities, and Compliance. We pride ourselves on our inclusive, integrated, and cross-functional approach, fostering an environment that supports all business lines and platforms of the Group. Our culture is characterized by a disruptive mindset and agility, perfectly aligning with our mission to transform traditional banking on a global scale, reflecting the vibrant dynamics of the Portuguese market.

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