Senior/Manager - Risk Model Validation | Lisboa

• Providing a well-integrated broad array of risk management services for financial institutions with a high level of efficiency and quality;
• Supporting financial institutions through the definition of the governance models, policies, processes and procedures in accordance to local, national and global requirements;
• Assisting in establishing, monitoring, evaluating and interpreting data with a risk management focus;
• Supporting the implementation of key regulatory requirements and guidelines;
• Developing Probability of Default and Loss Given Default risk rating models for commercial & corporate borrowers;
• Developing time series Stress Test models to support capital planning initiatives;
• Supporting performance monitoring and model validation;
• Performing data manipulation and analysis using SQL, SAS and other tools and present results and recommendations to Credit Risk Management;
• Contributing to the analysis of impairment models;
• Participating in regulatory risk assessment exercises and independent reviews of the applicable prudential framework;
• Identifying risk and/or improvement opportunities;
• Understanding and adhere to the clients' risk and regulatory standards, policies and controls in accordance with the clients' risk Appetite;
• Identifying risk-related issues needing escalation to management;
• Supporting the team management;
• Contributing to the development of the FSRM team acting as mentor and coach to the junior members of the team and leading by example;
• Understanding EY and its service lines and actively assess/present ways to serve clients.

• Strong communication, presentation and business and technical writing skills;
• Excellent analytical skills and the confidence to translate complex data into meaningful insights;
• Ability to prioritize effectively on projects and the skills to adapt quickly to new challenges and concepts;
• Technical rigor and attention to detail;
• A strong work ethic;
• Strong problem-solving skills;
• Professional responsibility, confidentiality and integrity;
• Efficient, innovative and team-oriented work environment;
• Dedicated, innovative, resourceful and able to work under pressure;
• Team player and critical thinking;
• Forward thinker and self-starter.

• Academic Degree in Management, Economics, Finance, Statistics, Mathematics or similar financial/analytical fields of studies;
• At least 3-4 years of experience in risk management analysis and projects, mainly in banking sector. Background in consulting environment is really valued;
• Knowledge of local and international banking regulations that affect models and rating systems;
• Relevant experience in development or validation end-to-end statistical models, including credit IRB, IFRS 9 provisioning and stress testing;
• Knowledge and previous experience of PD / LGD / EAD modelling or validation;
• Good knowledge of risk model development and validation techniques;
• Understanding of industry-wide modelling practices and trends;
• Knowledge in SAS, SQL, R, VBA and other programming languages will be valued;
• Ability to work in multicultural projects and environments;
• Fluent written and verbal communication skills in both Portuguese and English;
• Availability to work in Portugal and abroad.

• Experience in prudential and supervision framework;
• Experience in development or validation of Internal Capital models is an advantage;
• Commercial acuity to develop existing opportunities in clients and identify and explore new ones.

EY