Business Expert – Risk Analytics (m/f/d)

Commerzbank Digital Technology Centre Poland; Łódź; On-site; PLN 111,600 - 167,400; Full time

Benefits offered by this job

Development Plans

Life insurance

Flexible working hours

Integration events

Job summary

A leading international commercial bank is seeking a Business Expert in Risk Analytics to join their team in Łódź, Poland. This role involves calculating and analyzing risk figures for regulatory, economic, and accounting purposes. Ideal candidates will have a master's degree and strong SQL proficiency, along with experience in banking regulations and risk management. The position offers hybrid working conditions and various employee benefits including development plans and flexible hours.

Qualifications

• Master's degree in relevant fields is required.
• Strong understanding of banking regulations and credit risk management.
• Professional experience in banking, preferably in risk or audit.

Responsibilities

• Calculate and report risk figures for regulatory and economic purposes.
• Perform impact analyses on RWA and loan loss provisions.
• Ensure data quality in risk figure calculations.

Skills

SQL proficiency

Understanding of credit risk management

Experience with R / Python

Agile / Scrum experience

English C1 level

Education

Master degree in economics, finance, econometrics, mathematics

Job description

📢 Join our team as a Business Expert – Risk Analytics! 📢

Overview

Together with your team you will be doing 👇

• Calculating, analyzing and reporting risk figures for regulatory, economic and accounting purposes (RWA, EL, IFRS9)
• Performing impact analyses on RWA (both IRB and STA methods) and loan loss provisions
• Implementing new requirements coming from business departments and regulators with regards to risk figures calculation and reporting (e.g. CRR3, EBA GL, IFRS9)
• Being involved in reporting chain (interface to finance department)
• Ensuring data quality of inputs and outputs regarding risk figures calculation

Required Skills & Technology

• Master degree in economics, finance, econometrics, mathematics, or related field
• Understanding of credit risk management and banking regulations (CRR3, IFRS9, EBA GL)
• Very good knowledge of SQL with experience in analysis of huge data sets
• English C1 level – it is our business language
• Professional experience in banking (risk or audit department)
• Experience with R / Python
• Experience with Agile / Scrum

How?

📌 Hybrid on Wersalska 6 street (Łódź)

Below you can find more information about Commerzbank and cluster 👇

Commerzbank

Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.

Description Of The Cluster

• Development, roll‑out and maintenance of group‑wide models for credit risk, operational risk, capital requirements and stress‑testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk.
• Implementation of models in calculation kernels (e.g. rating models, RWA‑calculation, C‑VaR, LGD‑Service, OpRisk and Stress).
• Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front‑Ends in the credit process or in online applications.
• Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business‑ and physical asset risk - incl. stressed conditions).
• Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime‑EL) and center of competency for Asset Backed Securities
• IT‑solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system.
• Operational stability of the IT‑Applications (e.g. incidents or delays) but also optimization of IT‑platform as well as minimization of manual processes.
• Tailor‑made risk analysis (e.g. scenarios, impact analysis, Ad‑Hoc requests) in particular for the management of the current COVID‑19 crisis. Professional response on customer requests.
• Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation.
• Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.

What we offer?

Of course, we offer Development Plans for employees, Life insurance, flexible working hours, integration events and much more 😎

Important!

Please add the clause to your CV. 📑 You can find it on the end of the advert.

🚩 Please Add The Following Clause To Your Application

• I consent to the processing of personal data contained in this document by Commerzbank Aktiengesellschaft with its registered office in Kaiserstrasse 16, 60311 Frankfurt am Main, Germany, operating through the Branch in Poland with its registered office in Łódź, 91-203 Łódź, ul. Wersalska 6, KRS 0000631053, for the implementation of the current recruitment process and for the future recruitment for a period of 6 months, in accordance with the Regulation of the European Parliament and of the Council (EU) 2016/679 of 27 April 2016 on the protection of individuals with regard to the processing of personal data the free flow of such data and the repeal of Directive 95/46 / EC (RODO) and in accordance with the Act of 10 May 2018 on the protection of personal data (Journal of Laws of 2018, item 1000). I provided my personal data voluntarily and I declare that they are truthful. I have the right to withdraw this consent at any time. The withdrawal of consent shall not affect the lawfulness of processing based on consent before its withdrawal.
• I have read the content of the information clause, including information about the purpose and methods of processing personal data and the right to access my personal data and about the right to correct, rectify and delete it.