Vacatures in Belgium

About the Team : Euroclear

The Risk Management (RM) division forms part of Euroclear's second line of defense and its mission is to support Euroclear in achieving its goals and delivering its strategy through providing robust, independent oversight of risk-taking activities across the Euroclear Group.

We are a team of about 100 risk professionals, based across a number of locations, including Brussels, London, Paris, Hong Kong, and Krakow. Our activities cover the entire Euroclear group.

The role

The Model Validation team defines the overall model risk management framework for Euroclear and provides independent assurance to senior management and to the Board that the models are fit-for-purpose through regular validations and other key activities (including, governance). The outcomes of validations and progress on validation findings are reported to senior management and the Board on a regular basis.

What You'll Do :

Reporting to the Head of Model Validation in Euroclear SA / NV, the Model Validator will have the following key responsibilities :

• Performing high-caliber initial, model change and periodic model validations, and making concrete improvement suggestions with clear value.
• Preparing validation reports and presenting validation outcomes to relevant committees.
• Working with model owners and other stakeholders to ensure that the identified issues are addressed timely and reviewing issues for closure.
• Contributing to the establishment and continuous improvement of technical standards of validations.
• Supporting the enhancement and evolution of the model risk management policy and procedures.
• Working with business and model owners to ensure all models are identified in line with the model risk management policy.
• Contributing to the maintenance of a robust, company-wide model inventory.
• Conducting initial and periodic materiality assessments of new and existing models.
• Training and embedding of the model risk management framework throughout the organization.
• Sharing technical knowledge with colleagues in and outside of Risk Management.
• Understanding the Euroclear business and its implications for choice and suitability of different modelling approaches.
• Interacting with Euroclear's regulators, other divisions, or external consultants on model-related issues.
• Supporting the Head of Model Validation and other Model Validators in other day-to-day activities, where required.

Qualifications - External

We'd love to hear from you if you are / have :

Technical skills

Soft skills

Why You Should Join Us :

Euroclear recruits people from all walks of life. Our 4,000 employees represent 89 nationalities, of which over 50% are women. The Euroclear Risk Team is very international, with people with different nationalities, backgrounds, and experience. We are deeply convinced that diversity of talents, backgrounds and opinions is a key to success, by fostering engagement, energy, and innovation. We are committed to promoting diversity within the organization, as well as an inclusive environment where everyone can be themselves, feels valued and respected, regardless of their background.

Some of our benefits include :

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.