Model Risk Manager

At Mindbox we connect top IT talents with technology projects for leading enterprises across Europe.

Ready to take your quantitative skills to the next level? Join an international team and work on cutting-edge risk models in a dynamic environment!

We are looking for an experienced Model Risk Manager to join the Model Risk Management team. This role focuses on Independent Model Validation for Market Risk models, ensuring compliance with regulatory requirements and internal risk management policies.

Sounds like your kind of challenge?

What you’ll be doing

Perform independent model validations as part of a specialist quantitative team.
Validate Market Risk models such as VaR, Stressed VaR, Incremental Risk Charge, Expected Shortfall, Default Risk Charge.
Assess risks related to model input data quality, performance, and usage.
Conduct back-testing, sensitivity analysis, and stress testing to evaluate model performance.
Ensure compliance with Basel III, OCC guidelines, and internal policies.
Provide critical opinions on conceptual soundness and adequacy of models for intended use.
Collaborate with model developers, treasury, and risk management teams to mitigate model risk.

Note: Detailed project information will be shared during the recruitment process.

What you get in return

Flexible cooperation model – choose the form that suits you best
(B2B, employment contract, etc.)
Hybrid work setup – remote days available depending on the client’s arrangements (1 day office in Cracow per week)
Collaborative team culture – work alongside experienced professionals eager to share knowledge
Continuous development – access to training platforms and growth opportunities
Comprehensive benefits – including Interpolska Health Care, Multisport card, Warta Insurance, and more
High quality equipment – laptop and essential software provided

Who we’re looking for

Knowledge:

Market Risk (Traded Risk), Stress Testing, Pricing Modelling.
Statistical and financial modelling techniques.
Market Risk models and performance metrics (VaR, Stressed VaR, IRC, Expected Shortfall, DRC).
Basel 2.5, FRTB frameworks, and capital requirements.
Internal banking procedures related to risk management (advantage).

Experience:

Proficiency in at least one statistical modelling language: Python, R, Matlab, C++, VBA.
Experience in model development and/or independent model validation.
Handling requests from internal/external audit and regulators (beneficial).

Skills:

Excellent written and verbal communication.
Strong team player with ability to work independently.
Ability to mentor junior team members and peer-review work.

Joining this project you’ll become part of Mindbox – a tech-driven company where consulting, engineering, and talent meet to build meaningful digital solutions. We’ll back you up every step of the way, accelerate your development, and ensure your skills make a difference.

Model Risk Manager

Kraków

B2B

1500 - 1800 pln/md net + VAT

Apply for position

I will handle your recruitment

Anna Rodak-Bucka

SUPPORT & BENEFITS

Private healthcare

Fast access to doctors and medical tests.

Mindbox fully covers the individual package. You can extend the coverage to your partner and family on preferential terms. A wide network of medical providers and clear rules for everyday use.

Multisport

Energy that pays off.

We cover 50% of the card cost. You get access to thousands of sports facilities across Poland, plus a convenient mobile app. Additional cards for family members are available.

Training & development

Practical support for your career growth.

We co‑fund courses, certifications and conferences under a clear Training Policy. You also get access to a library of recorded webinars and trainings – available whenever you need them.

Eyewear or contact lenses co‑funding

Clear vision means comfortable work.

Up to PLN 500 every two years, with an additional PLN 300 available in justified cases. Simple reimbursement, regardless of your form of cooperation.

Group life insurance

Real protection from day one.

Option I is fully funded by Mindbox, Option II is co‑funded. You can include your partner and adult children, with coverage that also applies to treatment and hospitalisation abroad.

Ongoing support from the Talent Network Development

You’re not on your own in a project.

Regular contact, quick response and a partnership‑based approach. You focus on your work — we help take care of the rest.

Regular integration meet‑ups

Relationships that work beyond the project.

Cyclical meet‑ups for contractors in major cities across Poland. A space to talk, exchange experience and stay in real contact with the Mindbox team.

Annual company‑wide integration

One event. The whole community.

A two‑day company gathering with accommodation, transport and a full activity programme. Time to connect teams from across Poland and build shared experiences.