Limassol – The Client On behalf of our Client, a Banking Institution in Limassol, we are looking to recruit a Validation Manager. Duties & Responsibilities Development of techniques to accurately validate the Bank’s models and risk quantification techniques; Undertake the validation work to ensure the continuing adequacy of the Bank’s models and risk quantification methodologies used for capital and liquidity planning, stress testing etc. Oversee model/risk quantification methodologies development, use and implementation by providing validation and effective challenge via review and approval of new models/quantification methodologies and ongoing monitoring of existing models; Make recommendations and suggesting improvements related to the applicability of the different models/risk quantification methodologies assessed in meeting their objectives; Documentation of the validation framework and underlying processes; Design and oversight of the model risk management framework in line with … – Permanent – Full-time