Ørsted

Senior Model Validator

Ørsted  •  Warsaw, PL (Onsite)  •  7 days ago
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Job Description

Join us in this role where you’ll validate quantitative risk models used across Ørsted, ensuring they are robust, well-governed, and fit for purpose. You’ll work deeply with models, data, and assumptions while translating complex model risk into clear insights that support sound decision-making across the organisation.

Welcome to Group Model Risk

You’ll be part of Group Model Risk within Group Risk, where you together with your colleagues will form a newly established model validation capability acting as a second line of defence. The team works closely across our locations in Warsaw and Gentofte and collaborates with model owners, users, and stakeholders across Ørsted to assess models used in areas such as market risk, liquidity risk, and credit risk.

As a team, we combine deep analytical curiosity with collaboration, openness, and room for different perspectives, and we take pride in building strong, well-documented, and transparent validation practices together.

You’ll play an important role in:

  • conducting in-depth validations of quantitative models, including data, assumptions, methodologies, and outputs.
  • assessing market, liquidity, and credit risk models to identify model limitations and potential risk drivers.
  • driving validation activities end to end, from planning and stakeholder dialogue to delivery of validation reports.
  • engaging closely with model owners and users through interviews and workshops to build understanding and challenge models constructively.
  • communicating model risk clearly through written reports and presentations tailored to technical and non-technical audiences.
  • using analytical tools, including Python, to support and enhance validation, testing, and documentation workflows.

To succeed in the role, you:

  • bring a degree in finance, economics, mathematics, physics, data science, engineering, or equivalent experience.
  • have hands-on exposure to quantitative models, risk modelling, or model validation in the financial sector, energy markets, consulting, or academia.
  • understand how models are used in practice and can assess them from a risk and governance perspective.
  • combine strong analytical skills with the ability to communicate findings clearly and confidently.
  • enjoy working with stakeholders and contributing to thorough, structured, and well-documented outcomes.
  • are comfortable coding, preferably in Python, to analyse models and support validation work.

    Shape the future with us
    Send your application to us as soon as possible. We’ll be conducting interviews on a continuous basis and reserve the right to take down the advert when we’ve found the right candidate.

    As an applicant or employee, you may request reasonable work and position accommodation or adjustments via accommodation@orsted.com.

    Please note that for your application to be taken into consideration, you must submit your application via our online career pages and answer the screening questions relevant for your country. We don't take applications or inquiries from external recruiters or agencies into account for this position.

    Maybe you’ve read the above and can see you have some transferable skills, even though they don’t quite match all the points. If you think you can bring something to the team, we still encourage you to apply.

Ørsted

About Ørsted

Ørsted is the global leader in offshore wind power and is one of the largest renewable energy companies in the world.

Within a decade, we transformed from being one of Europe’s most fossil fuel-intensive utilities to being ranked as one of the most sustainable energy companies in the world. Today, we’re guided by a clear vision: to create a world that runs entirely on green energy.

We provide countries, companies, and communities with sustainable, reliable, and cost-competitive energy solutions, including offshore and onshore wind, solar, renewable hydrogen, and energy storage. We built the world’s first offshore wind farm back in 1991, and with over 2,000 turbines at sea, we’ve installed more offshore wind capacity than anyone else. In total, we own or operate over 17 GW of renewable energy capacity across North America, Europe, and Asia-Pacific.

We know that to build renewable energy at pace and scale, we must build it right. We commit to developing and operating our assets in harmony with nature and in line with the need for science-based climate action. We prioritise integrity and safety in our operations, and we respect the human rights and diverse values of every employee and stakeholder.

As a global renewable energy leader, we leverage the curiosity and passion of our people to innovate and take new or existing technologies to scale, collaborating with governments, suppliers, and our industry partners to make green energy solutions a reality.

Industry
Energy & Utilities
Company Size
5,001-10,000 employees
Headquarters
Fredericia, DK
Year Founded
2006
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