Credit Risk Model Owner: Expertise Development Opportunity
7 dagen geleden
ABN AMRO's Model Ownership & RWA Oversight department is responsible for overseeing the use, implementation, and quality of pillar I credit risk models. Our team facilitates activities for Credit Risk to accept model ownership accountability and ensures an appropriate model life cycle.
The RoleYou will work as a model owner in the retail models sub-team, focusing on program lending portfolios. The role provides opportunities to learn and grow within the Model Ownership team.
Your primary responsibility will be to oversee the entire credit risk balance of ABN AMRO, ensuring accurate regulatory and economic capital calculations. You will work closely with subject matter experts from various departments, including Modelling, Model Validation, Model Risk Management, IT, Operational Risk Management & Control.
We are looking for a candidate with 1-4 years of experience in a relevant position, holding an academic education in Economics, Finance, or a quantitative discipline. A basic knowledge of credit risk model-related regulations (EBA RTS and guidelines, ECB guide to internal models) is required. Excellent communication skills, particularly in writing, are essential.
Working EnvironmentThe MO&R department comprises three teams, approximately 20 FTEs, focusing on pillar I credit risk models and Economic Capital models and RWA Oversight. We work closely with developing and maintaining models, implementing models, business lines using the models, and supervising authorities like internal Audit and DNB/ECB.
RequirementsYou should have:
- An academic education in Economics, Finance, or a quantitative discipline
- 1-4 years of experience in a relevant position
- A basic knowledge of credit risk model-related regulations
- Excellent communication skills, particularly in writing
We offer a salary in pay scale 9, depending on our assessment of your expertise and qualifications. You will also receive an annual public transportation pass, a solid pension plan, and a personal development budget of EUR 1.000 per year.
LocationThe position is based at our office in Amsterdam, Netherlands.
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