Are you a skilled Credit Risk Modeller looking to advance your career in the banking sector? Join a dynamic team in Stuttgart, Germany, where you can work flexibly in a hybrid environment!
Responsibilities:
- Develop, implement, and validate statistical models and processes for Basel and IFRS 9, focusing on PD, LGD, and EL within the IRB approach for the retail business, alongside two team members.
- Collaborate closely with expert teams from our parent company to define models, identify relevant risk factors, select data, and implement segmentation and calibration.
- Support regulatory audits and facilitate model acceptance within the IRBA framework.
- Integrate models into risk management practices in close cooperation with the credit department.
- Create and periodically update model reports and documentation, including backtesting of Basel and IFRS 9 parameters and segmentation. Present results and recommendations to various local and Group committees.
- Conduct and coordinate stress tests. Prepare risk analyses and reports. Validate and backtest models and scorecards.
Qualifications:
- Completed studies in statistics, (business) mathematics, industrial engineering, or economics with a quantitative focus.
- Proven professional experience in IRB modeling and quantitative analysis.
- Proficiency in programming languages such as SQL, SAS, and R or Python.
- Strong knowledge of IRB regulations and IFRS 9.
- Experience in regulatory project management.
- Excellent command of English and German.
