Head of Model Risk
vor 1 Woche
**Your team**:
- Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include the Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organization, Risk and Tax departments.-
**Your role**:
- Defining, implementing and maintaining the Pictet Model Risk organisation and framework across the Group.
- Creating and updating Pictet Group Model Risk Policy and related key documents.
- Overseeing a portfolio of models, encompassing models of both financial and non-financial risks.
- Managing model risks by identifying and mitigating them, formulating overarching model risk evaluations and recommendations.
- Conducting periodic reviews and executing independent model reviews and validations. Setting up testing environments, analysing model design, assumptions, implementation and operational workflows.
- Organising and coordinating reviews entrusted to internal or external third parties.
- Serving on the Bank Valuation Committee and developing second-level oversight with control testing, to ensure pricing of complex financial instruments, structured products and derivatives is correct.
- Providing support for efforts to develop and incorporate artificial intelligence (AI) and machine learning (ML) aspects in the model risk framework.
**Your profile**:
- Master’s degree or equivalent.
- At least 10 years’ previous working experience in model risk, market risk and pricing, etc.
- Good knowledge of risk systems such as Front Arena, Axioma, Risk Pro, APT, etc. Experience with the Avaloq core banking system would be a key advantage.
- Highly proficient user of MS Office.
- Excellent knowledge of data analytics and business intelligence tools (SQL, Tableau and similar tools).
- Ability to challenge various codes (such as C++, Python, Matlab) would be a strong advantage.
- Excellent command of French and English, both written and spoken.
- The applicant must be resident in Switzerland.
- You are solution-oriented, proactive and have excellent communication skills. You should have strong analytical and technical skills, together with a critical attitude and an inclination fact-check. You should be able to work autonomously and work well with others.**Note**:
- We will not accept any CVs via agencies.- Ref.: HOMR/MH/ML**Diversity & Inclusion**:
**_Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace._
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