Credit Risk Modelling (m / f / d)

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.