Credit Model Risk Expert

As a Credit Model Risk Expert, your contribution in the area of credit risk models could make a difference in sustaining our business and products that support our customers every day. Your knowledge, skills, and enthusiasm will contribute directly to the success of a global company.

Find out more here about how you can unleash your full potential at DLL

Day to day:

In your day-to-day job, you will work closely with modellers, other policy specialists, and the business in order to ensure that the models properly reflect the regulation, the business and are in line with DLL’s risk appetite. In particular, you will:

• Support the maintenance of DLL’s risk and compliance models (IRB: PD, LGD, EAD);
• Develop recommendations based on the performed analysis and effectively communicate results to the business in both written and verbal form;
• Translate current and proposed regulatory requirements such as CRR and EBA Guidelines on PD and LGD estimation into instructions a credit risk modeller can use in developing regulatory-compliant IRB and IFRS9 models;
• Take a leading role for the quality assurance of initiatives within the bank which affect the modelling process. For example reviewing Basel IV requirements, reviewing the application of modelling guidelines to model developments, and instructing the modelling department;
• Develop data queries and dashboards to prepare recurring as well as ad hoc reporting and analysis, ensuring high data quality and accurate information to support the department, Group Risk, and other stakeholders;
• Understand business needs and regulatory requirements and translate these into analytical requirements and sound, well-performing, and compliant models.

All members enjoy

• Two working days per year volunteering for a local charity.
• Health and Wellness program including healthy food, free health checks, fun health & vitality activities.
• Flexible hours with the possibility to work from home.
• Career development opportunities: online learning, member development programs.
• Click this link for an overview of all the benefits in your region.

Essentials:

• Minimum of 6 years of work experience in quantitative analysis within risk modelling in banking and finance;
• Quantitative academic education (Master’s Degree or Ph.D.) in a relevant field, like econometrics, mathematics, actuarial studies or physics;
• Extensive experience in quantitative financial modeling; model development, CRCU function, and/or model validation;
• Excellent understanding on regulatory requirements regarding internal models for credit risk - internal ratings-based approach (IRB) and IFRS9 - such as CRR, relevant EBA Regulatory technical standards, and EBA Guidelines;
• Excellent skills in software packages for statistical and data analysis, such as Python and R, and experience with extracting data from various databases and analyzing large data sets for conversion into useful business information;
• Excellent communication skills (verbal and written) in English;
• Stakeholder management skills;
• Able to work independently and under pressure.

Choose wellbeing

DLL’s wellbeing ambition is to educate, equip, and empower members to build connections, manage their mental, emotional, physical, and financial wellness, and maintain balance between work and the other priorities that make up their lives.

Our four wellbeing categories are as follows:

• Connection – Build meaningful connections with other DLL members
• Health – Manage mental, emotional, and physical health
• Finance – Provide learning opportunities to help members achieve personal financial health
• Lifestyle – Maintain a balance between work and life priorities

There are things that matter to our members and the well-being of our members matters to DLL

Settling in

At DLL, we are many things. We are team members, family members, and community member. We are members of society, members of different cultures and nationalities. Members of change. We each have different beliefs, different passions, different viewpoints, talents and interests. We become from different backgrounds, cultures, nationalities, and histories. But for all of our differences, we share one thing in common: each of us are members of DLL.

Our company was founded in the Netherlands. But today we are truly a multinational business. Our unique culture is rooted in higher collaboration, less hierarchy, and a honest directness that enable us to integrate, ideate, and innovate across country lines.

Many companies say they are European, American, Asian, or Australian, at DLL we are all these places and more. We are a cross-culture collaborative – an interconnected network – that comes together every single day with one goal in mind: Partnering for a better world

Good to know:

• Deadline for application: February 4th (Due to a high volume of applications this requisition may close prior to posted close date)
• The selection process may involve an assessment
• Applications via email will not be reviewed. Please apply online via our career website
• DLL’s referral program applies
• For more information, please contact our Talent Acquisition Partner Natascha Hooi via natascha.hooi@dllgroup.com

DLL appreciates the time you spend applying to our openings. We advise only those who qualify for an interview will be contacted. Hiring subject to successful completion of a background check.

DLL is an equal-opportunity employer. We are committed to inclusive, barrier-free recruitment and selection processes and work environments. If contacted for an employment opportunity, please advice Human Resources if you require accommodation in accordance with our values and all applicable legislation.

For further information, and to apply, please visit our website via the “Apply” button below.