Specialist Model Development
Wroclaw Specialist Model Development
Wroclaw
NR REF.: 1135433
Your new company
Global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. A leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.
Your new role
Model Developer at Credit Risk Modelling Group will contribute to models and non-models (collectively called Estimation Approaches) that make estimates which are key inputs to credit management decisions and are reported to Credit Officers on a regular basis. The role will be to execute corporate-wide standards for the Estimation Approaches.
Responsibilities:
The incumbent as a member of the Credit Risk Modeling Group will develop, update and monitor performance of the Estimation Approaches, which are used to assess creditworthiness of counterparties by:
• executing corporate-wide standards for model development through creating options for theoretical frameworks, collecting data needed, supporting assumptions, and reviewing outcomes.
• aligning to the development scope established by more senior colleagues.
• monitoring performance of Estimation Approaches, identifying possible deterioration by comparing outcomes to established thresholds.
• executing Estimation Approaches in accordance with approval conditions and communicate results to management.
• supporting use of the Estimation Approaches.
• providing testing and analysis at the request of Model Risk Management Group.
• primarily responsible for the accuracy and quality of his/her own work.
What you'll need to succeed
Graduates of Econometrics/Finance/Economics.
- Master’s degree: at least 2-3 years of job-related experience,
- PhD degree: 0-1 year of professional experience.
• Solid theoretical background and knowledge of Credit Risk Measurement’s concepts: Basel Accords, RWA, PD, LGD, EAD and UGD estimations.
• Must have experience with quantitative modeling, numerical analysis, and computational methods with some programming languages (R, VBA, MATLAB, SQL are most adequate) as well as mathematical/statistical software packages.
• The candidate must have excellent presentation skills, assertiveness & influencing skills, and ability to explain abstract theoretical concepts to a non-expert audience in an easy-to-understand language.
• Proficiency in business English. The candidate must be able to communicate professionally in English-speaking environment. He/she will co-operate, report to and communicate with stakeholders on a daily basis.
What you'll get in return
Full time contract of employment
• Competitive salary
• Health & Life Insurance
• Multisport card / Cinema Tickets / Nursery subsidiary
• Pension scheme
• Excellent opportunities for training, growth and professional development
• Opportunities to engage in diverse projects due to growth of business migrations
• A multitude of opportunities to get involved in additional charity projects
• A collaborative culture and great teams
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.
Wroclaw
NR REF.: 1135433
Your new company
Global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. A leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.
Your new role
Model Developer at Credit Risk Modelling Group will contribute to models and non-models (collectively called Estimation Approaches) that make estimates which are key inputs to credit management decisions and are reported to Credit Officers on a regular basis. The role will be to execute corporate-wide standards for the Estimation Approaches.
Responsibilities:
The incumbent as a member of the Credit Risk Modeling Group will develop, update and monitor performance of the Estimation Approaches, which are used to assess creditworthiness of counterparties by:
• executing corporate-wide standards for model development through creating options for theoretical frameworks, collecting data needed, supporting assumptions, and reviewing outcomes.
• aligning to the development scope established by more senior colleagues.
• monitoring performance of Estimation Approaches, identifying possible deterioration by comparing outcomes to established thresholds.
• executing Estimation Approaches in accordance with approval conditions and communicate results to management.
• supporting use of the Estimation Approaches.
• providing testing and analysis at the request of Model Risk Management Group.
• primarily responsible for the accuracy and quality of his/her own work.
What you'll need to succeed
Graduates of Econometrics/Finance/Economics.
- Master’s degree: at least 2-3 years of job-related experience,
- PhD degree: 0-1 year of professional experience.
• Solid theoretical background and knowledge of Credit Risk Measurement’s concepts: Basel Accords, RWA, PD, LGD, EAD and UGD estimations.
• Must have experience with quantitative modeling, numerical analysis, and computational methods with some programming languages (R, VBA, MATLAB, SQL are most adequate) as well as mathematical/statistical software packages.
• The candidate must have excellent presentation skills, assertiveness & influencing skills, and ability to explain abstract theoretical concepts to a non-expert audience in an easy-to-understand language.
• Proficiency in business English. The candidate must be able to communicate professionally in English-speaking environment. He/she will co-operate, report to and communicate with stakeholders on a daily basis.
What you'll get in return
Full time contract of employment
• Competitive salary
• Health & Life Insurance
• Multisport card / Cinema Tickets / Nursery subsidiary
• Pension scheme
• Excellent opportunities for training, growth and professional development
• Opportunities to engage in diverse projects due to growth of business migrations
• A multitude of opportunities to get involved in additional charity projects
• A collaborative culture and great teams
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.
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