Ibercaja is one of the leading Spanish banking groups, offering a comprehensive range of financial services including retail banking, asset management, and insurance. With over 140 years of history, the institution operates a vast network of branches across Spain, serving millions of customers and maintaining a significant position in the national financial landscape.

Headquartered in Zaragoza, Ibercaja maintains a dominant presence in the regions of Aragon, La Rioja, and Guadalajara, while also operating major hubs in Madrid and Barcelona. For international professionals, the company offers opportunities in specialized areas such as risk management, data analysis, and corporate banking, though a high level of Spanish proficiency is typically required for most roles.

Founded in 1876 as a savings bank in Zaragoza, Ibercaja has evolved into a major commercial banking group. It successfully navigated the restructuring of the Spanish financial sector in 2011 to become a modern, competitive bank.

For international professionals

Headquartered in Zaragoza, offering a lower cost of living compared to Madrid or Barcelona.
Strong focus on digital transformation and risk management roles.
Primarily operates in Spanish; professional fluency in the language is essential.
Offers a stable corporate environment within one of Spain's top ten banking groups.

Model Validation Technician

Ibercaja

This job was originally posted in Spanish and automatically translated to English. You'll most likely need Spanish to apply.

Job Description

At Ibercaja, we accompany people, helping them make financial decisions at the most important moments of their lives; therefore, our professionalism—rigor, efficiency, agility, and integrity—is a key value.

What are we looking for?

A professional for the Model Validation team within the Bank's Control Area.

The objective of this Unit is to carry out the independent review of statistical models developed to measure different risks. Predictability, stability, goodness of fit, and ultimately, model performance are assessed in order to issue a reasoned opinion necessary for its approval and use.

Focused on the constant improvement of models, the Unit also evaluates their implementation in systems and performs recurring monitoring of them.

Requirements

University degree in Economics, Business Administration, FICO with a special interest in statistics and/or econometrics.
Master's degree in Economics, Finance, Banking, or similar is valued.
Master's degree in Data Science, Modeling, or similar is valued.
High level of office software proficiency.
Knowledge of programming tools (SQL, Python).
English B1 or higher.

What will your responsibilities be?

Methodological evaluation of different models and risk parameters.
Assessment of the adequacy of the models and their economic logic.
Issuing critical opinions regarding the models based on the different tests performed, covering all relevant areas.
Preparation of reports.
Delivery of result presentations.
Monitoring action plans for the improvement of the assessed models.

What is our value proposition for you?

Being part of the team of a Bank whose purpose is to help people through proximity and honesty.
Developing an internal professional career, with tracking through individual evaluations.
Personal training program to ensure your learning is continuous.
Attractive social benefits package: pension plan, study grants, and preferential financial conditions.
Flexible remuneration applied to health, transport, training, languages, among others.
Flexibility measures.

View original advert (Spanish)

En Ibercaja acompañamos a las personas, ayudándoles a tomar las decisiones financieras en los momentos más importantes de su vida, por ello nuestra profesionalidad: rigor, eficacia, agilidad e integridad es un valor clave.

¿Qué buscamos?

A un/a profesional para el equipo de Validación de Modelos dentro de Área de control del Banco.

El objetivo de esta Unidad es llevar a cabo la revisión independiente de los modelos estadísticos desarrollados para medir diferentes riesgos. Se valora la predictibilidad, la estabilidad, la bondad del ajuste realizado y, en definitiva, el desempeño del modelo para poder emitir una opinión fundada que es necesaria para su aprobación y utilización.

Enfocados en la mejora constante de los modelos, desde la Unidad también se evalúa su implantación en los sistemas y se realiza un seguimiento recurrente de los mismos.

Requerimientos

Grado universitario en Economía, ADE, FICO con especial interés en la pate estadística y/o econometría.
Valorable Máster en Economía, Finanzas, Banca o similar
Valorable Máster en Ciencias de Datos, Modelización o similar.
Alto nivel de ofimática.
Conocimientos de herramientas de programación (SQL, Python).
Inglés B1 o superior.

¿Cuáles serán tus responsabilidades?

Evaluación metodológica de los diferentes modelos y parámetros de riesgo.
Valoración de la adecuación de los modelos y su lógica económica.
Emisión de opinión crítica acerca de los modelos con base en las diferentes pruebas realizadas cubriendo todos los ámbitos relevantes.
Elaboración de informes.
Exposición de presentaciones de resultados.
Seguimiento de los planes de acción para la mejora de los modelos valorados.

¿Cuál es nuestra propuesta de valor para ti?

Formar parte del equipo de un Banco cuyo propósito es ayudar a la personas desde la cercanía y la honestidad.
Desarrollar una carrera profesional interna, seguimiento con evaluaciones individuales.
Programa formativo personal para que que tu aprendizaje sea continúo.
Atractivo paquete de beneficios sociales: plan de pensiones, ayuda de estudios y condiciones financieras preferentes.
Retribución flexible aplicada a salud, transporte, formación, idiomas, entre otros.
Medidas de flexibilidad.