Cookies on KBL website

To improve our website, we use Google Analytics cookies. These small pieces of data placed in your browser show us some of your activities on our website (such as which pages you’ve visited, etc.) and allow us to measure audience on the website. For more information, please visit our Website Data Protection Policy

STAGE - Junior Quantitative Risk Manager – Financial Risk & Reporting (M/F) - (03/2019)

KBL European Private Bankers, Luxembourg

CONTEXT :

As part of the Group Risk Control function, the Financial Risk & Reporting team is :

  1. in charge of assessing and supervising the financial risks arising from the Group activities,
  2. the central architect of the function risk data warehouse dedicated to regulatory and internal risk reports,
  3. the competence centre for quantitative and modelling activities for the function.

To reinforce its quantitative team workforce, the Financial Risk & Reporting team is actively looking for a Trainee - Junior Quantitative Risk Manager, whose role will be to assist in the deployment of harmonised and homogeneous models, tools, and reports across the Group, covering the full spectrum of risks both financial and non-financial.

JOB RESPONSIBILITIES :

  • Take part in the Design, implementation and maintenance of quantitative models for Group Risk Control, both for regulatory and internal purposes, across all classes of risk (credit, market, operational); this notably includes
    • the setting up of data collection processes, the adequate structuring of data in the function internal database, and the definition of quality assurance processes in order to ensure data integrity
    • the development of production-grade quality code and its deployment on the IT infrastructure
    • the definition of the associated governance frameworks
    • the monitoring of model performance and the review of model parameters
  • Liaise with and support subsidiaries on quantitative topics to ensure model alignment across the Group (IFRS9, IRRBB, ICAAP)
  • Actively participate in ECB’s EU-wide stress tests through the development of ad hoc models and tools, and the adaptation of stress scenarios
  • Contribute to the review of structured product prices
  • Support and contribute to the development of internal reporting solutions for Risk Control
  • Work on ad hoc projects within the frame of a fast moving regulatory environment
  • Provide quantitative support and insights to other Group functions

QUALIFICATIONS :

  • Master (BAC+5) in a quantitative discipline (finance, mathematics, physics, engineering)
  • Understanding of the banking sector and knowledge of banking products and financial instruments are an asset
  • Knowledge of banking regulations is a plus

SKILLS:

  • Strong analytical and mathematical skills
  • Literacy in programming languages, preferably VBA, MATLAB
  • Knowledge of data management tools: SQL, SSIS, SSAS, MS Access
  • Fluency with the MS Office suite, in particular with MS Excel
  • Curious and open-minded with a real interest for learning
  • Results-oriented
  • Team player
  • Autonomous

LANGUAGES:

  • Fluent in French and English (spoken & written), another language is an asset

 

To apply for this position, please send your CV and cover letter, in English, to: recruitment@kbl-bank.com