Quantitative Analyst

Job details :

The Council of Europe Development Bank (CEB), established in 1956, is a multilateral development bank with a unique social mandate from its 43 member states. The CEB finances investment in social sectors, including education, health and affordable housing, with a focus on the needs of vulnerable people. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. As a multilateral bank with a triple-A credit rating, the CEB funds itself on the international capital markets. It approves projects according to strict social, environmental and governance criteria, and provides technical assistance. In addition, the CEB receives funds from donors to complement its activities.

The Directorate for Risk & Control (R&C) promotes a strong risk and control culture across the Bank. R&C ensures the Bank’s financial stability by identifying, evaluating, monitoring and reporting all risks across the Bank. R&C also prepares and manages the Bank’s budget and establishes the financial statements. Finally, the Directorate supports transparency and effective control by regularly providing various financial reports to the CEB’s governing bodies, external auditors and the Auditing Board.

The Market Risk and Capital Management Unit is looking for a quantitative analyst to provide expert advice and services on capital management and market risk assessment. He/she will notably be involved in the team's capital, credit and market risk modelling missions. He/she will report to the Head of the Market Risk and Capital Management Unit and work in close collaboration with colleagues in the R&C Directorate.

KEY RESPONSIBILITIES

Capital adequacy assessment
Assess capital adequacy using internal, regulatory and rating agency approaches.
Take ownership of CEB economic capital model for credit and market risk; participate in the operational implementation; benchmark the model; improve the methodologies in line with best practices; prepare comprehensive reports and ensure their accuracy and clarity.
Define internal stress tests and measure their impact on capital and liquidity risk indicators.
Contribute to the capital planning process.


Academic qualifications:
Master’s degree, or equivalent, in a quantitative field such as mathematics, physics, engineering, computer science, or related field.

Professional experience:
Minimum 2-3 years’ relevant work experience in a quantitative environment, gained in an investment bank, consulting firm, or multilateral development bank.
Strong knowledge of financial mathematics, statistics, and numerical methods.
Strong programming skills in R or other languages (C++/C#, Python, MATLAB, etc), with implementation experience in the development of analytical libraries.
Knowledge of quantitative credit risk techniques is an advantage.

Language skills:
Excellent command of one of the two CEB official languages (English and French), both oral and written and knowledge of the other, with a commitment to reach a good working level.
Knowledge of one or more other Member State language(s) is an asset.

Core competencies:
Adaptability
Client Orientation
Communication
Innovation
Result Orientation
Team Work

Nationality:
Citizen of one of the Bank’s Member States: Albania, Andorra, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Holy See, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Republic of Moldova, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Türkiye and Ukraine.

Location : 55, avenue Kléber 75116 Paris