Model Validation Expert

The Model Validation team at Van Lanschot Kempen is responsible for managing model risk for the entire bank. This includes: performing model validations and maintaining the 'policy house' and 'model inventory'. In order to take the management of model risk in the field of IRB and IFRS-9 models to a higher level, the team needs to be expanded.

You are happy to use your talents for this as an Expert Model Validation at Van Lanschot Kempen. In this position, you can be deployed directly for validations of IRB and IFRS-9 models. You are also open to validation of other models, such as transaction monitoring tables and models for managing the bank balance sheet. In addition, you can help build an integrated model validation function within Van Lanschot Kempen, with an interesting mix of permanent staff and internal and external expertise that are involved in the various model validations.

Model Validation reports to senior management of Van Lanschot Kempen to provide insight into the current state of the model landscape. In this role, you are responsible for performing validations, presenting validation reports in various committees, and keeping the ‘model inventory’ up-to-date and helping to improve the Model Risk Management Framework. You will have to challenge the model owners in the assessment of the models, determine whether a model is suitable for use and, where necessary, make recommendations for improvement.
You will also be involved in:

• Analyzing and assessing fundamental model assumptions;
• Writing high-quality validation reports, and discussing the reports with stakeholders (model owners, senior management, supervisors, etc.);
• Help develop high-quality validation methodologies with associated software.