Counterparty Risk Backtesting

Counterparty Risk Backtesting

Fixed-term contract

Mission

We are looking for a Junior Banking Operations for the banking area! Are you the one?! 🧐

At Inetum you have space to grow and boost your talent! 🚀

 

Check out the details ⤵️

  • Identify lack of model performance using statistics defined in the back-testing methodology.
  • Analyse and document the results, deep dive analyses are performed, built on good understanding of the risk models and strong cooperation with risk modelling and risk management teams.
  • Communicate results to the regulator and relevant internal teams such as model validation team and capital team.
  • The candidate will be responsible for a set of model performance processes.
  • The candidate will coordinate with all the relevant teams to present on a periodic basis to RISK senior management a consolidated view of the bank’s model performance.
  • Processes rely on rigorous governance supported by procedures and meetings and on strong interaction with other teams throughout the Group."                              

Profile

Main Tasks ⤵️

  • run, analyse, explain and present the key take-aways related to various CCR Backtesting reports, used for both risk management and regulatory purpose                                          
  • contribute to the continuous improvement of the CCR Backtesting framework linked to both BAU requirements and strategic initiatives (scope extension, data rationalisation and feed optimisation, performance improvements, enhanced analysis tools...)                                                                 

Technical Skills ⤵️

  • Good understanding of counterparty risks                                         
  • Good understanding of backetsting techniques                                
  • Python (nice to have, but not a blocker)              

(Hybrid work, with 2/3 days of work in the office in Porto (preferably) or Lisbon per week)

Are you the one ⁉️

Send your CV & Join our team! 🤝

Organization

About Us ⤵️

Inetum is a European leader in digital services. Inetum’s team of 28,000 consultants and specialists strive every day to make a digital impact for businesses, public sector entities and society. Inetum’s solutions aim at contributing to its clients’ performance and innovation as well as the common good. Present in 19 countries with a dense network of sites, Inetum partners with major software publishers to meet the challenges of digital transformation with proximity and flexibility. Driven by its ambition for growth and scale, Inetum generated sales of 2.5 billion euros in 2023.

Country

Portugal

Location

Porto

Contract type

Fixed-term contract

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