Model Risk Specialist

This is Adyen

Adyen provides payments, data, and financial products in a single solution for customers like Meta, Uber, H&M, and Microsoft - making us the financial technology platform of choice. At Adyen, everything we do is engineered for ambition. 

For our teams, we create an environment with opportunities for our people to succeed, backed by the culture and support to ensure they are enabled to truly own their careers. We are motivated individuals who tackle unique technical challenges at scale and solve them as a team. Together, we deliver innovative and ethical solutions that help businesses achieve their ambitions faster.

Model Risk specialist

We are looking for a Model Risk specialist in our Amsterdam office to join our global second line Corporate Risk team.

These are transformative times for Adyen; we are rapidly growing in new countries and are also broadening our product offering through our embedded financial products. We do this the Adyen way; we build it ourselves. This also applies to the financial and non-financial models that are part of our business model. In-house model development, using the latest statistical and machine-learning techniques. And also; in-house model risk management.

We are looking for a risk manager that wants to strengthen the banking capacity within our technology company by building out our model risk management framework. This is where you come in.

You have a proactive mindset, you are eager to learn and are looking for an opportunity to take ownership. Adyen has little hierarchy and management levels, so having expertise also means you will be involved in building, representing, and maintaining the full scope of model risk management yourself.

What you’ll do:

• Carry out model validations on financial and non-financial models;
• Offer effective challenge of models, including model assumptions, methodologies, data and calculations at all phases of the model life cycle;
• Act as a sparring partner for model developers and providing subject matter expertise on modelling;
• Participating in the creating and maintenance of a validation procedure framework;
• Build out the Adyen model risk management framework;
• Carry out risk assessments across the company, across product offerings, across the globe; and
• Further strengthen a high-performing second line financial risk team that covers all Adyen risks;
• Continuously improve Adyen’s global control framework together with the Internal Control team and Adyen business teams, based on changes in our business and processes.

Who you are:

We work with persons, not with job roles. So, if you feel energized by this vacancy but do not meet all qualifications – or think you are overqualified – we still like to hear from you. Studies show that women and members of underrepresented communities tend to apply for jobs only if they meet 100% of the qualifications. Sounds like you? If so, Adyen encourages you to reconsider and apply. We look forward to your application

We are looking for:

• A proactive, energetic, lifelong learner with a hands-on mentality;
• Eagerness to work in an innovative technology company within the financial sector;
• Relevant working experience (5+ years) within model risk management or model validation either in-house or through a consulting role
• High level quantitative and analytical skills
• Ability to perform model validations on complex models
• Great communicative and stakeholder management skills

Our Diversity, Equity and Inclusion commitments 

Our unique approach is a product of our diverse perspectives. This diversity of backgrounds and cultures is essential in helping us maintain our momentum. Our business and technical challenges are unique, and we need as many different voices as possible to join us in solving them - voices like yours. No matter who you are or where you’re from, we welcome you to be your true self at Adyen. 

Studies show that women and members of underrepresented communities apply for jobs only if they meet 100% of the qualifications. Does this sound like you? If so, Adyen encourages you to reconsider and apply. We look forward to your application!

What’s next?

Ensuring a smooth and enjoyable candidate experience is critical for us. We aim to get back to you regarding your application within 5 business days. Our interview process tends to take about 4 weeks to complete, but may fluctuate depending on the role. Learn more about our hiring process here. Don’t be afraid to let us know if you need more flexibility.

This role is based out of our Amsterdam office. We are an office-first company and value in-person collaboration; we do not offer remote-only roles.