SENIOR Credit Risk Model Risk

AionSearch; Amsterdam; On-site; EUR 110,000 - 140,000; Full time

Job summary

AionSearch is seeking a senior Risk Model Oversight Expert in Amsterdam to lead review and oversight of IRB and IFRS 9 credit risk models, ensuring governance and regulatory alignment.

The role focuses on challenge and governance rather than hands-on development, working with model development, validation, audit and risk teams to address ECB expectations and lifecycle requirements.

Qualifications

• Strong knowledge of IRB, IFRS 9, ECB expectations and the credit risk model lifecycle.
• Backgrounds in model validation, model risk, credit risk audit, model governance or regulatory risk consulting are suitable.
• 6 to 12 years of relevant experience preferred.

Responsibilities

• Review and challenge IRB and IFRS 9 credit risk models.
• Support model governance, oversight and regulatory submissions.
• Assess PD, LGD and EAD model methodologies and documentation.
• Work with senior risk stakeholders, model teams, audit and external parties.
• Assist responses to regulatory and audit queries, including ECB topics.
• Identify model risks, limitations and remediation needs.
• Ensure models meet internal standards and regulatory expectations.

Skills

IRB

IFRS 9

Model governance

Model validation oversight

Regulatory risk

Credit risk models

ECB expectations

Job description

We are looking for a senior Risk Model Oversight Expert with strong experience across credit risk models, model governance, model validation oversight and regulatory risk. This role is focused on the review, challenge and oversight of IRB and IFRS 9 models, rather than hands on model development.

The successful candidate will work closely with model development, validation, audit and senior risk teams, supporting strong model governance and ensuring models meet internal and regulatory expectations.

• Review and challenge IRB and IFRS 9 credit risk model
• Support model governance, oversight and regulatory submissions
• Assess PD, LGD and EAD model methodology, assumptions and documentatio
• Work with senior risk stakeholders, model teams, audit and external parties
• Support responses to regulatory and audit queries, including ECB related topic
• Identify model risks, limitations and areas requiring remediation
• Ensure credit risk models meet internal standards and regulatory expectations
• Suitable backgrounds include model validation, model risk, credit risk audit, model governance or regulatory risk consulting
• Strong knowledge of IRB, IFRS 9, ECB expectations and the credit risk model lifecycle required
• Around 6 to 12 years of relevant experience preferred