Location: Warszawa, Mazowieckie, Poland

Looking for a role where you can further develop your knowledge of Markets businesses, use your analytical and quantitative skills and work with stakeholders across the Firm to drive a challenging agenda?  This position offers you the exposure to senior management, regulatory engagement, and the chance to work on high-profile projects. Join us and be part of a diverse, inclusive team that values innovation and collaboration.

As an Associate in the Resolution Stress Testing team, you will be at the forefront of developing our modeling strategy to wind down markets businesses during a recovery or resolution event. You will work closely with various lines of business to develop strategies for packaging and selling our markets business. Your role will involve developing approaches to and quantifying exit costs, estimating liquidity impacts, and assessing Risk-Weighted Assets (RWA) as a result of the strategy. In this role, you will play a crucial role in shaping the firms strategic response to regulatory challenges and gain exposure across the organization to develop your expertise in stress testing in deep market and idiosyncratic scenarios considered in Recovery and Resolution Planning.

Job responsibilities

• Assist with model development and maintenance for the Commercial and Investment Banking Recovery & Resolution suite.
• Conduct in-depth analysis of quantitative models, including data, assumptions, methodologies, and outputs.
• Identify model limitations and potential risk drivers.
• Partner with Finance teams to develop packaging and unwinding methodologies.
• Create accurate and sustainable modeling frameworks; strong implementation structures are key.
• Confidently explain results and keep senior stakeholders informed through regular presentations.
• Challenge pre-existing modeling assumptions to improve the process.
• Serve as a counterweight and primary contact for Model Risk.
• Use analytical tools, including Python, to support and enhance model development, testing, and documentation workflows.

Required qualifications, capabilities, and skills

• 4+ years of experience in model development, review, or testing.
• Strong understanding of modeling best practices, including model success criteria, documentation, and implementation.
• Strong prioritization skills, with the ability to manage a portfolio of work across multiple models.
• Self-motivated and well-organized, with the ability to solve problems independently.
• Ability to communicate clearly, from discussing detailed modeling methodologies with Model Risk to summarizing approaches and key information for senior management.
• Comfortable performing detailed independent analysis and coordinating input from others.
• Comfortable coding in Python to analyze models and support enhancements work.

Preferred qualifications, capabilities, and skills

• Experience in derivatives pricing, securities, secured funding, market/counterparty risk, or valuations.
• Technical skills, including Tableau or Alteryx.

Develop strategy to wind down Markets businesses in resolution, quantify exit costs, and assess liquidity and RWA impacts.