Эксперт / старший специалист по валидации моделей

Company Description Bir is the Caucasus’ first fully integrated banking, payments, and e-commerce ecosystem, designed to make digital services part of everyday life in Azerbaijan. Launched in 2025, it unites leading platforms across banking, payments, cash-to-digital infrastructure, and online retail under one umbrella. Backed by PASHA Holding, one of the region’s largest private investment groups with substantial assets and a regional presence, Bir operates in a dynamic market with strong potential for growth in consumer finance and e-commerce. The ecosystem already serves more than 5 million active users, reaching about half of Azerbaijan’s population and processing nearly half of the country’s payments volume. By merging brands such as Birbank, Birmarket, m10, and MilliÖn, Bir plays a pivotal role in shaping Azerbaijan’s financial, e-commerce, and digital payment landscape.
Role Description The Model Validation Expert / Senior Specialist is a full-time, on-site role based in Baku City. This role is responsible for independently validating risk, pricing, and forecasting models across the ecosystem, ensuring they meet regulatory requirements, internal policies, and industry best practices. Day-to-day activities include reviewing model design and methodology, assessing data quality and assumptions, replicating model calculations, and performing back-testing and benchmarking. The specialist prepares clear validation reports, documents findings and recommendations, and collaborates with model developers, risk management, and business teams to address model weaknesses and improve performance. The role also contributes to the development of model risk management standards, supports audits and regulatory reviews, and helps strengthen governance around the use of analytical and AI-driven models.
Qualifications

• Strong quantitative and analytical skills, including experience with statistical modeling, econometrics, or machine learning in financial services or related industries.
• Proficiency in model development and validation tools (e.g., Python, R, SAS, SQL) and ability to work with large data sets and complex model structures.
• Knowledge of model risk management frameworks, regulatory expectations, and best practices for validating credit, market, liquidity, or operational risk models.
• Experience in documenting methodologies, preparing technical reports, and communicating complex findings to both technical and non-technical stakeholders.
• Bachelor’s or Master’s degree in a relevant field such as Mathematics, Statistics, Economics, Finance, Data Science, or a related quantitative discipline.
• Attention to detail, critical thinking, and a structured approach to problem-solving, with the ability to challenge assumptions constructively.
• Ability to work on-site in Baku City, collaborate effectively in cross-functional teams, and manage multiple validation projects and deadlines.
• Experience in banking, payments, or e-commerce ecosystems is an advantage;