Role: AI/ML Model Validation Analyst
Location: Madrid, Spain
On-site working
Full time
Key Responsibilities:
- Perform independent validation of AI/ML models used in Financial Crime detection and other risk domains, assessing:
- Conceptual soundness and model design
- Training data representativeness and preprocessing
- Bias and fairness testing
- Performance robustness and stability under different scenarios
- Interpretability and explainability of model outputs
- Assess model drift, monitoring procedures, and performance tracking mechanisms.
- Evaluate model documentation for completeness, reproducibility, and alignment with regulatory standards.
- Recommend remediation steps and follow up on corrective actions.
- Provide credible technical and regulatory challenge to second-line validation teams and model developers.
- Support the definition of model governance frameworks and validation methodologies consistent with SCIB Model Risk standards.
Skills and Qualifications Required:
- Academic background in risk management, compliance, data science, or engineering.
- Proven experience in model risk management, AI governance, or model validation.
- Familiarity with regulatory guidelines on AI/ML (e.g., EBA, ECB, PRA, EU AI Act, etc.).
- Strong understanding of machine-learning methods, including semi-supervised and complex classification approaches.
- Ability to articulate and defend technical reasoning clearly to both technical and non-technical stakeholders.
- Excellent analytical, documentation, and communication skills (English required; Spanish desirable).
- Minimum 5+ years of relevant experience.
WHO WE ARE
Quanteam Group is a Consulting firm specialized in the Capital Markets industry, in Paris, London, Krakow, Brussels, New York and North Africa.
Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.
The firm mainly takes part in:
- Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organizational Transformation & Process Improvement.
- IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g C++, Python, C#, Java, VBA), Financial Software (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.
As part of Quanteam Group, Quanteam UK & PL has today more than 80 consultants, working for major Capital Markets institutions in London and Krakow.