Model Validation - Credit & Stress Testing - Assistant Vice President (m/f/d) (Frankfurt, HE, DE, 60311)

Sumitomo
Frankfurt
Workplace: OnsiteFull timeEUR 64,000 - 96,000 annuallyFunction: Executive & General ManagementExperience: 2-5 yearsEducation: mastersSkills: ["Analytical","Problem-solving","Attention to detail","Written communication","Stakeholder management"]

Join the EMEA Model Validation Team to independently validate credit risk and stress testing models across the region. You’ll perform quantitative analyses, assess conceptual soundness, data quality and implementation accuracy, and produce validation documentation and governance reporting for areas including IFRS 9/ECL, capital and stress testing. Partner with Model Owners and EMEA stakeholders to manage findings, communicate key risks and recommendations, and help improve validation tools and templates.

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FursaFursa
Sumitomo
Sumitomo
4 days ago

Model Validation - Credit & Stress Testing - Assistant Vice President (m/f/d) (Frankfurt, HE, DE, 60311)

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Source: Company careers pageValidated by: Fursa AI
Last checked: 11 hours agoStatus: Live

Job Summary

Join the EMEA Model Validation Team to independently validate credit risk and stress testing models across the region. You’ll perform quantitative analyses, assess conceptual soundness, data quality and implementation accuracy, and produce validation documentation and governance reporting for areas including IFRS 9/ECL, capital and stress testing. Partner with Model Owners and EMEA stakeholders to manage findings, communicate key risks and recommendations, and help improve validation tools and templates.
Location: Frankfurt
Workplace: Onsite
Employment Type: Full time
Job Function: Executive & General Management
Seniority: Manager level

Key Responsibilities

  • •Conduct independent validations and reviews of credit risk and stress testing models across EMEA under senior validator oversight.
  • •Apply model validation methodologies to assess conceptual soundness, assumptions, data quality, implementation accuracy, controls, calibration, segmentation, scenario design, and ongoing model performance.
  • •Perform quantitative analysis such as benchmarking, sensitivity analysis, back-testing, outcome analysis, performance monitoring, and calibration assessment.
  • •Prepare clear validation documentation including reports, workpapers, findings, model limitations, and recommendations.
  • •Track and resolve validation findings with model owners and stakeholders, and support model governance reporting and continuous improvement of validation tools and templates.

Pay and Benefits

Salary: EUR 64,000 - 96,000 annually
Perks:PensionHealth InsurancePaid LeaveHybrid Working

Key Requirements

  • •Master’s degree or PhD in a quantitative discipline (e.g., Finance, Economics, Mathematics, Statistics, Engineering, Computer Science).
  • •Typically 2–5 years of relevant experience in model validation, model development, credit risk modelling, stress testing, IFRS 9/ECL, capital modelling, risk analytics, or quantitative risk management.
  • •Strong understanding of credit risk and stress testing model types, including credit rating models and PD/LGD/EAD, IFRS 9/ECL, loss reserve, ICAAP capital, and scenario/forecasting models.
  • •Familiarity with model validation techniques such as benchmarking, sensitivity analysis, back-testing, outcome analysis, performance monitoring, segmentation analysis, calibration assessment, and data quality review.
  • •Programming and data analysis skills, particularly Python (R, SQL, SAS, or BI tools would be beneficial).
Experience:2-5 yearsModel validationCredit riskIFRS 9/ECLStress testingCapital modelling
Education:Master's
Skills:AnalyticalProblem-solvingAttention to detailWritten communicationStakeholder management
Tech Stack:PythonRSQLSAS

Company Brief

Sumitomo
Sumitomo Corporation is a global diversified trading and investment conglomerate engaged in metal products, transportation, infrastructure, media, real estate, and other business domains through investments, trading, and integrated solutions worldwide.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Tokyo, Japan
Founded: 1919
WebsiteLinkedIn