Senior Credit Risk Model Specialist (IFRS 9)

Deutsche Bank AG; Casares; Hybrid; EUR 80,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Meal allowance

Pension contribution plans

Employee banking services

Job summary

Deutsche Bank AG in Madrid is seeking an experienced professional to manage Spanish credit risk models, coordinating with Model Development and Validation teams to ensure data quality and robust model calibration.

You will contribute to PD/LGD governance, work on IFRS 9 and CRR3, and engage with international projects to align global modelling requirements with the Spanish portfolio context.

Qualifications

• Experience with credit risk models for retail portfolios and IFRS 9.
• Strong knowledge of data quality in model recalibration and governance.
• Background in risk parameters and advanced risk models (IRBA) under CRR.
• Fluent in Spanish and English; strong communication skills.

Responsibilities

• Serve as the primary contact for Spanish credit risk models across model lifecycle.
• Coordinate development, recalibration and validation activities with Model Development and Validation teams.
• Ensure data quality and reconciliation for recalibration and validation exercises.
• Act as interface between local Credit Risk, model developers, validators and stakeholders.
• Contribute to governance and documentation of PD and LGD models; support cross-country projects.

Skills

credit risk models

IFRS 9

CRR3

SAS

Python

data analysis

English and Spanish

AI tools usage

Education

ADE / Business Administration

Engineering / Science degree

related fields

Tools

SAS

Python

Job description

Deutsche Bank AG in Madrid is seeking an experienced professional to manage Spanish credit risk models, coordinating with Model Development and Validation teams to ensure data quality and robust model calibration.

You will contribute to PD/LGD governance, work on IFRS 9 and CRR3, and engage with international projects to align global modelling requirements with the Spanish portfolio context.