Risk Manager â Model Validation
Fidelity InternationalKronberg im Taunus, Hesse, Germany
Posted March 23, 2026
Full Time
About the Company
Fidelity International offers investment solutions and services and retirement expertise to more than 2.9 million customers globally. As a privately held, purpose-driven company with a 50-year heritage, we think generationally and invest for the long term. Operating in more than 25 locations and with $893.2 billion* in total assets, our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers, and wealth managers, to private individuals. Our Global Platform solutions business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest $625.4 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures. *Data as of 31 December 2024.
Job Description
Risk Manager â Model Validation job involves ensuring robust and consistent validation of all models used across FIL Fondsbank (FFB). The role requires 3-5 years of experience in model validation, strong understanding of regulatory expectations, and proficiency in Python or R. The ideal candidate should have a degree in a quantitative discipline and excellent communication skills in English and German.
Requirements
- 3â5 years of experience in model validation, model risk management, or a closely related quantitative risk function within banking or asset management
- Degree in a quantitative discipline (e.g., Mathematics, Statistics, Econometrics, Computer Science, Physics) or equivalent experience
- Strong understanding of regulatory expectations for model governance, including MaRisk, CRR/KWG and EBA/ECB guidance
- Ability to analyze and understand a broad range of model types, including OpRisk, credit, market, liquidity, IRRBB, ICAAP, stress testing, and EUCâbased models
- Handsâon proficiency with Python (preferred) and/or R; experience with version control, reproducible analysis, and data visualization
- Ability to exercise independent judgement and maintain objectivity in challenging model owners and stakeholders
- Strong written and verbal communication skills in English and German
- High integrity, curiosity, and resilience; a pragmatic, deliveryâfocused mindset
Benefits
- Comprehensive benefits package
- Support for wellbeing
- Development opportunities
- Flexible working arrangement
- Dynamic working approach
