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We are looking for a Model Risk Specialist in Amsterdam to help drive our model risk management framework as we scale our in-house machine learning and financial models globally. In our flat organization, you'll move fast and work hands-on to build, represent, and maintain the full scope of model risk as we expand into new products and countries.
Job Responsibility:
Conduct independent validations of models used in risk management, financial forecasting, decision-making, or other business functions
Assess model assumptions, methodologies, input data, and output for accuracy, robustness and alignment with intended use cases
Develop and implement benchmark models or alternative approaches to test a model's performance
Review and evaluate model documentation, ensuring clarity, completeness, and compliance with internal policies and regulatory guidelines
Identify model risks, limitations, and weaknesses, provide actionable recommendations to mitigate those risks
Act as a sparring partner for model developers to resolve findings and enhance model quality
Ensure compliance with regulatory standards on model risk management
Participate in the maintenance of a model risk management governance framework and validation procedures
Carry out risk assessments across the company, across product offerings, across the globe
Further strengthen a high-performing second line risk team that covers all Adyen risks
Requirements:
3+ years working experience within model validation, either in-house or through a consulting role
strong background in statistical modeling, machine learning, and/or financial modeling, combined with the ability to critically assess model methodologies, assumptions and performance
ability to work independently and collaboratively within cross-functional teams
strong written and verbal communication skills for preparing reports and explaining complex concepts to non-technical stakeholders