Models in general and Model development are the backbone of our business. It will help us to create a stable, sustainable growth and to remain compliant with the latest regulations.
The decisions made in this team will impact the company at every level and we rely on the expertise of this dedicated team to make these decisions. DLL is an IRB bank with a unique
combination of great opportunities, short reporting lines and broad responsibilities.
The work you do will impact your team, DLL, our stakeholders (internal and external), and, most importantly our customers. Our Model Developers are proficient and passionate professionals eager to bring DLL to the next level of data and model maturity. So, in other words, would you like to join their mission?
Day to day:
You will be working in an international team of professionals that have a true passion for what they do and work together closely. Collaboration is the way we can achieve our goals and ambitions, together through diversity, equity and
inclusion we will become better at what we do.
We have members of the team located in Spain, Germany and most of them in the Netherlands at our headquarters, but we come together each quarter for valuable face-to-face interactions. Therefore, we all have a likeminded spirit where everyone helps each other and has the possibility to be heard.
Responsibilities:
* Develop multi-year PD, LGD and EAD models for various asset types under IFRS9 and CECL standards.
* Work with the Meron/Vasicek framework, rating transition models and structural LGD models.
* Build a deep understanding of DLL's global portfolios to refine the loss predictions.
* Document the model methodology and development.
* Liaise with various business units to collect feedback on data and models and explain the results.
* Collaborating with cross-functional teams, including Group Finance, Risk, Data Analytics and local teams.
* Guide the models through model validation and external audits and address findings.
* Evaluating impact and coherence for aligning IFRS9 models with IRB methodologies.
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 possibility to work from home
* Click this link for an overview of all the benefits in your region.
Minimum Requirements:
* You have a PHD/Master degree in a quantitative field (econometrics, mathematics, physics, AI or similar).
* You have at least 5 years of working experience preferably within Credit Risk Models.
* You have advanced knowledge of Python and PySpark.
* Have knowledge on IFRS9 and stay informed on capital and reporting regulations (Basel IV, CRD IV, CRR III, BCBS 239)
* Demonstrating autonomy, proactivity and accountability.
* A team player that shares knowledge.
* The ability to coach junior members.
* Ability to communicate to relevant (senior) technical stakeholders within our Group Analytics Department and non-technical stakeholders from other business units within DLL.
* Be able to work within a multicultural environment.
Good to know:
* The selection process may involve an assessment
* Applications via email will not be reviewed. Please apply online via our career website
* We are not offering relocation for this position
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 advise Human Resources if you require accommodation in accordance with our values and all applicable legislation.
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