About the job
Ebury empowers ambitious businesses to achieve global expansion, and we apply the same philosophy in nurturing our talent. We promote innovation, collaboration, problem-solving, and create an inclusive environment where every individual feels valued, supported, and empowered to thrive.
If you are a team player eager to revolutionize the way businesses operate on a global scale, reach out to us. We would be thrilled to explore how Ebury can propel your career forward and allow you to influence the future.
Director of Model Risk Management & Data Quality
Ebury Madrid Office - Hybrid: 4 days in the office, 1 day working from home weekly
Understanding Model Risk Management
In our context, models signify the algorithms and analytical tools we utilize to make informed financial decisions. These models are integral to Ebury's capability to effectively serve and safeguard our clients while fulfilling our regulatory commitments. However, using these models involves inherent risks. Model risk management encompasses the identification, assessment, and mitigation of these risks.
The Importance of Model Risk Management at Ebury
As we provide solutions to our clients, we recognize the critical need for accuracy, reliability, and trust in our operations. Our clients depend on us to deliver optimal financial solutions, and our models are vital in meeting their expectations. The Model Risk Management Programme is structured to address potential risks linked to model use and to ensure effective management and mitigation.
Your Responsibilities:
- Design and uphold a comprehensive model risk management framework aligned with our fast-paced, dynamic environment and regulatory demands.
- Guide and advise various teams within our organization—including Finance, Operations, Analytics, Decision Science, Sales & Marketing—on model development, validation, and implementation processes.
- Review and assess model validations regarding accuracy, performance, and predictive capability.
- Continuously monitor model performance and recommend necessary updates or modifications.
- Provide reports and insights concerning our models to Risk Committees and Ebury Executives.
- Ensure comprehensive documentation for all model development and validation efforts.

