Functional Analyst Credit Risk Modelling

KBC Group; Brussel Hoofdstad; Hybrid; EUR 60,000 - 85,000; Full time

Benefits offered by this job

Excellent onboarding experience

Training opportunities

Permanent contract with competitive薪福利

Flexible benefits package

Flexible working hours

Offices throughout Flanders

Job summary

KBC Group in Belgium seeks a Functional Analyst for Credit Risk Modelling. You will ensure data quality and robust data processes for modelling, validation and monitoring efforts across an international team.

Join a highly regulated environment emphasizing data governance, traceability and strong collaboration with IT and data engineers. You will advance data delivery, quality controls and automated validation across credit risk projects.

Qualifications

• Master's degree in a quantitative field
• Minimum two years of experience in financial sector with credit risk concepts (PD, EAD, LGD)
• Experience as Functional Analyst, Business Analyst, Data Analyst or similar role
• Experience with complex data structures and data flows; ability to map processes to data
• Ability to translate complex requirements into pragmatic, sustainable solutions
• Excellent written and spoken English; clear communication with business, modelling and IT teams

Responsibilities

• Act as main point of contact for modelling and validation teams on data requirements, questions and incidents
• Translate business and modelling requirements into clear functional designs for implementation teams
• Contribute to development of credit risk modelling database and data delivery processes
• Coordinate new functionalities with data engineers and analysts to ensure quality of solutions
• Perform impact analyses for new developments and process changes
• Help design and implement data quality controls, monitoring solutions, and automated validation processes
• Investigate complex data issues and contribute to cross-system solutions
• Automate model monitoring and annual validation processes where possible
• Develop understanding of KBC's credit processes, IT applications and data flows to create sustainable solutions

Skills

Python

SQL

English

Communication

Education

Master's degree in quantitative field

Tools

Jira

Confluence

Job description

Functional Analyst Credit Risk Modelling

Contract

Permanent

Full-time

Location

Medior/Experienced (2->5 years), Senior (> 5 years)

As a Functional Analyst Credit Risk Modelling, you ensure that teams developing, validating, and monitoring credit risk models can rely on high-quality data and well-designed data processes. You work at the intersection of credit risk, data, and IT.
You analyze complex data-related challenges, translate the needs of modelling and validation teams into functional solutions, and help further improve and automate processes related to data quality, monitoring, and validation. The role combines functional analysis and data analysis. Depending on your experience and interests, your focus may be more on in-depth data investigations or on functional design and coordination.
You will join an international team with colleagues in Belgium, Prague, and Sofia. You will work in a highly regulated environment where data quality, governance, and traceability are essential.

What do we expect from you?

• You act as the main point of contact for modelling and validation teams regarding data requirements, questions, and incidents.
• You translate business and modelling requirements into clear functional designs for implementation teams.
• You contribute to the further development of the credit risk modelling database and its related data delivery processes.
• You coordinate new functionalities and, together with data engineers and analysts, ensure the quality of delivered solutions.
• You perform impact analyses for new developments and process changes.
• You help design and implement data quality controls, monitoring solutions, and automated validation processes.
• You investigate complex data issues and contribute to structural solutions across source systems, business processes, and the central database.
• You automate model monitoring and annual validation processes wherever possible.
• You build a thorough understanding of KBC’s credit processes, IT applications, and data flows, and use this knowledge to develop sustainable solutions.

Your key strengths?

• You hold a Master's degree in Economics, Science, Mathematics, Engineering, or another quantitative field.
• You have at least two years of experience in the financial sector and are familiar with credit risk concepts such as PD, EAD, and LGD models.
• You have experience as a Functional Analyst, Business Analyst, Data Analyst, or in a similar role.
• You have experience with complex data structures and data flows and can quickly identify connections between processes, systems, and data.
• You are able to translate complex requirements into pragmatic and sustainable solutions.
• You communicate clearly with business, modelling, and IT teams and can align different interests and expectations.
• You work in a structured manner, take ownership, and have a strong focus on quality.
• Knowledge of Python, SQL, Jira, and Confluence is an asset.
• You communicate fluently in English.

What can we offer you?

• At KBC, you can count on an excellent onboarding experience, supportive colleagues, and a pleasant working atmosphere.
• Throughout your career at KBC, we encourage you to continue growing both personally and professionally. You will have access to training opportunities to further develop your technical and interpersonal skills.
• We offer a permanent contract and a competitive salary package complemented by attractive fringe benefits. Sounds familiar? Of course, you'll find that in many job advertisements. What sets KBC apart is its extensive flexible benefits package. Too extensive to cover here, but we'd be happy to discuss all the large and small advantages during your interview.
• KBC has offices throughout Flanders, allowing for a comfortable commuting distance.
• You benefit from flexible working hours, helping you maintain a healthy work-life balance.

Respect and inclusion are core values at KBC. We believe that the individuality of our employees and the diversity of our teams are key to achieving great things. That’s why we recruit new employees based on talent and motivation, regardless of their background or story.

We work closely together to be the reference in the financial sector by innovating, greening and connecting. Interested in joining a 'Top Employer' and contributing to new ideas and solutions that help our customers and society move forward?