Lead for Credit Risk Default Definition

6 dagen geleden

Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

Your Role

As the Lead for Credit Risk Default Definition, you will shape the overall accountability of the Credit Risk function's second line of defense concerning the Definition of Default. You will own and refine the Definition of Default framework, which is currently being enhanced based on the results of a comprehensive self-assessment. This framework outlines the requirements and principles regarding the application level, documentation, governance setup, calculations, triggers, and data management related to the Definition of Default.

You will lead a team of 3 to 5 professionals who will centrally monitor the compliant application of this framework, ensuring that both change implementation and ongoing operations across the organization adhere to its guidelines.

Key Responsibilities

Some of the activities you will oversee include:

  • Integrating the Definition of Default framework into the broader risk governance and control framework.
  • Designing and implementing a process for approving changes and managing deviations related to the Definition of Default.
  • Establishing and maintaining a comprehensive Definition of Default register.
  • Proactively monitoring and reporting on compliance with the Definition of Default.

Working Environment

The Credit Risk Change & Control department is a shared capability within the credit risk organization, responsible for orchestrating changes throughout the credit lifecycle, particularly in response to evolving regulations. This department ensures that changes are effectively implemented within the credit risk landscape, maintaining compliance with regulations, updating control frameworks, resolving issues, and supporting audits and regulatory reviews. Our commitment is to achieve our objectives through transparent communication, optimal collaboration, and high-quality deliverables.

You will be part of the Change & Control team within Credit Risk, consisting of 27 professionals who possess a comprehensive understanding of credit risk management. The team brings extensive experience in project management, change management, and consulting, offering deep insights into the bank's operations. Within Credit Risk, there are ample opportunities for professional growth and development, with a culture that values diverse perspectives and encourages innovative thinking. The atmosphere is open and informal, fostering a collaborative environment.

Your Profile

You are a dynamic individual with a positive outlook, a clear vision, and a proactive approach to achieving results. You prioritize quality and are not hesitant to ask questions or challenge existing processes to enhance deliverables. Your organizational sensitivity, stakeholder management, and communication skills are exceptional.

Skills and Experience:

  • Extensive work experience – you possess a university-level education and have over 12 years of relevant experience in the financial sector, particularly in credit risk.
  • Subject matter expertise – you have significant experience and knowledge of Definition of Default regulations and their implementation.
  • Professional skills – you bring structure, oversight, and clarity regarding expectations and deliverables.
  • Communication skills – you are proficient in both written and verbal communication, capable of conveying compelling narratives and persuading stakeholders, including senior management and external regulators. Fluency in English is required.

We Offer:

  • A competitive gross monthly salary based on a 36-hour work week, inclusive of vacation pay and a benefits budget.
  • A benefits budget amounting to 11% of your salary, allowing for additional employment benefits.
  • Five weeks of vacation annually, with the option to purchase an additional four weeks.
  • A personal development budget of €1,000 per year, which can be accumulated up to €3,000.
  • Flexible work-from-home options, subject to team consultation and position requirements.
  • An annual public transport pass for free travel throughout the Netherlands.
  • An excellent pension scheme.

  • Lead for Credit Risk Default Definition

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    Your Role As the Lead for Credit Risk Default Definition, you will shape the overall accountability of the second line of defense concerning the Definition of Default and oversee the associated framework. This framework, currently being refined based on a comprehensive self-assessment, outlines the requirements and principles related to the application...

  • Lead for Credit Risk Default Definition

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    Your RoleAs the Lead for Credit Risk Default Definition, you will shape the overall accountability of the second line of defense regarding the Definition of Default topic and manage the associated framework. This framework, currently being refined based on the outcomes of a comprehensive self-assessment, outlines the requirements and principles related to...

  • Lead for Credit Risk Default Definition

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    Your RoleAs the Lead for Credit Risk Default Definition, you will shape the overall accountability of the second line of defense regarding the Definition of Default and manage the associated framework. This framework, currently undergoing refinement based on a comprehensive self-assessment, outlines the requirements and principles related to the application...

  • Lead for Credit Risk Default Definition

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    Your RoleAs the Lead for Credit Risk Default Definition, you will shape the overall accountability of the Credit Risk function regarding the Definition of Default topic and the stewardship of the Definition of Default framework. This framework, currently undergoing refinement based on a comprehensive self-assessment, outlines the requirements and principles...

  • Lead for Credit Risk Default Definition

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    Your RoleAs the Lead for Credit Risk Default Definition, you will shape the overarching second line of defense responsibilities concerning the Definition of Default subject and manage the Definition of Default framework. This framework, currently under refinement based on the results of a comprehensive self-assessment, outlines the requirements and...

  • Credit Risk Definition of Default Center Lead

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    About the RoleWe are seeking a highly skilled and experienced professional to lead our Credit Risk Definition of Default Center. As the Credit Risk Definition of Default Center Lead, you will be responsible for shaping the bank's overall second line of defense accountability for the Definition of Default topic and ownership of the Definition of Default...

  • Senior Consultant

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland Cypher Consulting Europe Voltijd

    Job Summary:Cypher Consulting Europe is seeking a highly skilled Senior Consultant to join our Default Remediation and Loss Given Default (LGD) data team. As a key member of our team, you will play a crucial part in ensuring the accuracy and completeness of default and LGD-related data for modeling purposes.Key Responsibilities:Historical Data Analysis:...

  • Lead Credit Risk Specialist

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    About the RoleWe are seeking a highly experienced Senior Credit Risk Manager to lead our Credit Risk Requirements Setting team at ABN AMRO Bank. As a key member of our team, you will be responsible for establishing requirements for credit risk metrics and other Credit Risk Life Cycle topics.Key ResponsibilitiesLead the Credit Risk Requirements Setting team...

  • Credit Risk Specialist

    2 maanden geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    We are a highly motivated team that specialises in credit risk policies, regulations, and governance. Our goal is to set and maintain ING's global Credit Risk Framework and group credit risk policies ensuring a compliant and up to date policy house. We are the subject matter experts on credit risk regulations being the centre of competence and responsible...

  • Senior Data Analyst Credit Risk

    4 weken geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    For one of the key strategic projects ('MORSE') in the domain of Residential Mortgages, we are looking for a Senior Data Analyst Credit Risk. To support this business initiative, a separate team is being set-up to assess the impact on the various credit risk processes and systems to ensure continuity from a modeling and reporting perspective. This team is...

  • Senior Credit Risk Manager

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    About the RoleWe are seeking a highly experienced Senior Credit Risk Manager to lead our Credit Risk Requirements Setting team at ABN AMRO Bank. As a key member of our team, you will be responsible for establishing requirements for credit risk metrics and other Credit Risk Life Cycle topics.Key ResponsibilitiesLead the Credit Risk Requirements Setting team...

  • Team Lead Credit Risk Regulatory Requirement Setting

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    About the RoleAs a Team Lead Credit Risk Regulatory Requirement Setting at ABN AMRO Bank, you will have the opportunity to lead a team responsible for setting requirements for credit risk metrics and other credit risk life cycle topics. You will be in charge of transitioning the team from temporary to permanent staffing, increasing the team size to 21 FTE,...

  • Credit Risk Team Leader for Regulatory Compliance

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN AMRO Bank Voltijd

    Position OverviewAs a pivotal member of ABN AMRO Bank, you will take charge of the Credit Risk Requirements Setting team, focusing on the establishment of essential criteria for credit risk metrics and various aspects of the Credit Risk Life Cycle.Key ResponsibilitiesLead the transition of the Credit Risk Framework Project (CRFP) team from temporary to...

  • Senior Credit Risk Analyst

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Role Overview Within the Chief Risk Officer's (CRO) risk organization, the Financial Risk - Trading and Risk Management (FR-TRM) Counterparty Exposure Group (CEG) operates on a global scale, focusing on the quantitative evaluation and analysis of ING's worldwide Counterparty Credit Risk (CCR) exposures, which encompass derivatives and securities...

  • Senior Credit Risk Analyst

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Overview Within the Chief Risk Officer's (CRO) risk framework, the Financial Risk - Trading and Risk Management (FR-TRM) Counterparty Exposure Group (CEG) serves as a pivotal global unit dedicated to the quantitative evaluation and analysis of ING's global Counterparty Credit Risk (CCR) exposures, encompassing derivatives and securities financing...

  • Senior Credit Risk Analyst

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Position Overview As a key member of the Chief Risk Officer's (CRO) risk division, the Financial Risk - Trading and Risk Management (FR-TRM) Credit Exposure Group (CEG) operates on a global scale, focusing on the quantitative evaluation and analysis of ING's Counterparty Credit Risk (CCR) exposures, including derivatives and securities financing products,...

  • Senior Credit Risk Analyst

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Role Overview As a key member of the Chief Risk Officer's (CRO) risk organization, the Financial Risk - Trading and Risk Management (FR-TRM) Counterparty Exposure Group (CEG) operates on a global scale, focusing on the quantitative evaluation and analysis of ING's Counterparty Credit Risk (CCR) exposures. This encompasses both derivatives and securities...

  • Senior Credit Risk Analyst

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Overview Within the Chief Risk Officer's (CRO) risk organization, the Financial Risk - Trading and Risk Management (FR-TRM) Counterparty Exposure Group (CEG) operates on a global scale, focusing on the quantitative evaluation and analysis of ING's Counterparty Credit Risk (CCR) across various financial instruments, including derivatives and securities...

  • Senior Credit Risk Analyst

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Position Overview Within the Chief Risk Officer's (CRO) risk organization, the Financial Risk - Trading and Risk Management (FR-TRM) Counterparty Exposure Group (CEG) operates on a global scale, tasked with the quantitative evaluation and analysis of ING's Counterparty Credit Risk (CCR) exposures, encompassing derivatives and securities financing...

  • Lead Quantitative Risk Modeler

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ABN Amro Voltijd

    About the RoleWe are seeking a highly experienced and skilled Quantitative Risk Modeler to lead our Credit Risk Modeling team. As a Team Lead, you will be responsible for leading a team of quantitative risk modelers in the redevelopment of credit risk models for various lending portfolios of the bank.Key ResponsibilitiesLead a team of quantitative risk...