Credit Risk Modelling (m/f/d)

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Client:

Selby Jennings

Location:

Stuttgart, Germany

Job Category:

Finance

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EU work permit required:

Yes

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Job Reference:

60a95ae7ddc2

Job Views:

2

Posted:

09.05.2025

Expiry Date:

23.06.2025

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Job Description:

Are you a skilled Credit Risk Modeller looking to advance your career in the banking sector? Join a dynamic team in Stuttgart, Germany, where you can work flexibly in a hybrid environment!

Responsibilities:

• Develop, implement, and validate statistical models and processes for Basel and IFRS 9, focusing on PD, LGD, and EL within the IRB approach for the retail business, alongside two team members.
• Collaborate closely with expert teams from our parent company to define models, identify relevant risk factors, select data, and implement segmentation and calibration.
• Support regulatory audits and facilitate model acceptance within the IRBA framework.
• Integrate models into risk management practices in close cooperation with the credit department.
• Create and periodically update model reports and documentation, including backtesting of Basel and IFRS 9 parameters and segmentation. Present results and recommendations to various local and Group committees.
• Conduct and coordinate stress tests. Prepare risk analyses and reports. Validate and backtest models and scorecards.

Qualifications:

• Completed studies in statistics, (business) mathematics, industrial engineering, or economics with a quantitative focus.
• Proven professional experience in IRB modeling and quantitative analysis.
• Proficiency in programming languages such as SQL, SAS, and R or Python.
• Strong knowledge of IRB regulations and IFRS 9.
• Experience in regulatory project management.
• Excellent command of English and German.