Senior Credit Risk Modeling & Frameworks Specialist

Deutsche Bank AG; Madrid; On-site; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Mental health support

Gym discounts

Medical checkups

Standing desks

Meal allowance

Pension plan

Hybrid model

Job summary

Deutsche Bank in Madrid invites experienced professionals to join the Risk team focused on Spanish credit risk models. You will coordinate development, recalibration, and validation across the model lifecycle, ensuring data quality and effective stakeholder communication. The role spans cross-country projects and governance of PD/LGD models.

Fluency in Spanish and English is essential, with strong analytical and programming skills in SAS and/or Python to drive accurate modelling and insights.

Qualifications

• Experience with credit risk models for retail portfolios.
• Strong knowledge of IFRS 9, CRR3 and DoD definitions is preferred.
• Fluent in Spanish and English; able to engage with stakeholders.
• Proficient in SAS and/or Python.

Responsibilities

• Act as primary contact for Spanish credit risk models across lifecycle.
• Coordinate model development, recalibration and validation activities.
• Ensure data quality and timely preparation for recalibration.
• Engage with stakeholders and support cross-country projects.
• Contribute to governance and documentation of PD/LGD models.

Skills

IFRS 9

CRR3

SAS

Python

Credit risk

Data analysis

Communication

Education

ADE

Engineering

Science degree

Related fields

Job description

Deutsche Bank in Madrid invites experienced professionals to join the Risk team focused on Spanish credit risk models. You will coordinate development, recalibration, and validation across the model lifecycle, ensuring data quality and effective stakeholder communication. The role spans cross-country projects and governance of PD/LGD models.

Fluency in Spanish and English is essential, with strong analytical and programming skills in SAS and/or Python to drive accurate modelling and insights.