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Credit Model Backtester

Job Utrecht, NL
Posted 27 Feb 2021

Degree level

Master

Job function

Finance

Required language

English (Fluent)

Work experience

3 to 5 years

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Imagine…

Having an impact on all the models that affect all of our clients. Do you have what it takes to be a first-responder? As a Credit Model Back-Tester, you won’t work on just one model. You’ll have a hand in testing the entire range of models that serve our customers and protect our bank’s depositors.

Making a difference

  • Practice your skills in communication and diplomacy by effectively sharing your observations with the modellers, which in turn improves their work.
  • Prove the added value of model monitoring by identifying flaws at the earliest possible moment.
  • Alert modellers to the challenging aspects of their work before too much time passes.
  • Contribute to a new team atmosphere and provide evidence of the importance of model testing. 

With each other

Collaboration is at the heart of everything we do. Our Credit Strategic Model Unit (CSMU) team brings talented people together to monitor and backtest the most important models of Rabobank. Your experience with modelling will be your guide as you analyse the performance of a variety of models and ensure that they meet ever-changing market and regulatory requirements. As a Credit Model Back-Tester, you will practice intelligent ways of analysis with your CSMU team colleagues and dealing with stakeholders such as model validation.

With you

If we were to ask your friends to describe you in a few key words, the answer would be: customer-focused, accommodating, positive, empathetic and eager to learn. For the position of Credit Model Back-Tester, you should also have:

  • A Master’s or PhD in an exact science (econometrics, mathematics, physics, engineering, astronomy or similar)
  • At least three years' experience in (credit) modelling/validation
  • Experience with Python and SQL is a plus
  • Practical experience with regulatory requirements (IFRS9, Basel2, TRIM, LGD, PD)
  • Fluency in English
  • Experience in project management and organisation or Agile way of working
  • Experience in working at Rabobank with models, procedures and data (systems).

Growing a better world together

Rabobank is a financial services provider for 7.1 million customers in 40 countries. But did you know that we are also working to make the world a better place? We do so in countless ways, such as:

  • Supporting risk-savvy models that ensure the right balance between business opportunities and appetite, to drive effective financial services.
  • Growing better models together, which enables the right customers to get the right support at the right time to pursue their dreams.
  • Ensuring that the models that are made, are made even better by your impact. 

Interested?

Do you want to become the ideal version of yourself? We would love to help you achieve this by focusing firmly on your growth, development, and investing in an environment where you keep learning every day. We give you the space to innovate and initiate. In this way, we offer you numerous opportunities to grow and help you exceed your expectations, to do the right thing exceptionally well, and to therefore grow as a professional. In addition, with us (on the basis of a 36 hour working week), you can expect:

  • A gross monthly salary between €3200 and €5300 depending on your experience and Seniority.
  • A thirteenth month and holiday pay.
  • An Employee Benefit Budget of  your gross monthly salary. You decide how to spend this budget. This may include purchasing extra leave days, or making extra pension contributions.
  • Flexible working times and location-independent working.
  • 100% reimbursement of commuting costs if you travel by public transport. Do you still prefer to travel by car or motorbike? Then choose a home/work travel allowance.
  • A pension scheme, to which your contribution is only 3,5%. 

Let's meet

Are you the person we're looking for? Are you ready to join Rabobank as a Credit Model Back-Tester and to make a difference to yourself, our customers and to society?  We look forward to receiving your application for this vacancy in Utrecht.

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About Rabobank
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Rabobank is a bank that works for its customers and members. We are one of the largest financial institutions in the world, but we're still very involved at the local level. Our goal is to help customers achieve their goals. In addition, we aim to make a substantial contribution to the well-being and prosperity of people in the Netherlands and to a sustainable global food supply. We are a bank with cooperative roots. Everything we do, we do together.

Finance & banking
Utrecht
35,000 employees

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