Hybrid Model Risk Manager

at Rabobank

• Job title: Model Risk Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: €4,931 - €7,043 per month
• Degree requirement: Postgraduate Degree
• Location requirements: Hybrid, Utrecht, Netherlands

About the role

• Model Risk Manager overseeing model risk throughout the lifecycle while ensuring regulatory compliance. Collaborating across departments to manage risks and enhance decision-making in financial services.

Responsibilities

• Oversee model risk management throughout the entire model lifecycle, ensuring appropriate model quality, regulatory compliance and alignment with business insights and requirements
• Lead and execute model validations, ensuring compliance with regulatory requirements and internal standards
• Build and maintain strong relationships with a wide range of stakeholders, including business representatives, 1LoR, and 2LoR risk management partners
• Ensure balanced reporting and accuracy and quality of model validation reports, providing actionable feedback and recommendations for improvement

Requirements

• Hold a Master’s or PhD degree in a quantitative discipline (e.g., Mathematics, Econometrics, Finance)
• Have 3+ years of experience in banking and quantitative risk management, preferably with exposure to Financial Markets and/or Treasury models
• Demonstrate strong leadership, collaboration, and stakeholder management skills
• Have a strong understanding of regulatory frameworks and compliance requirements related to model risk management in the financial services industry
• Communicate clearly and persuasively, translating complex and technical topics into understandable messages for diverse audiences
• Exhibit adaptability and a proactive problem‑solving mindset
• Have excellent English communication skills, both in writing and in oral communication.

Benefits

• Gross monthly salary between € 4.931 and € 7.043 (scale 09)
• Thirteenth month's salary and 8% holiday allowance
• 10% Employee Benefit Budget
• EUR 1,400 development budget per year
• Hybrid working: balance between home and office work (possible for most roles)
• A pension, for which you can set the maximum amount of your personal contribution