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Credit Risk Modeller - Non-Retail

Posted 22 Jan 2024
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Work experience
3 to 4 years
Full-time / part-time
Full-time
Job function
Degree level
Required languages
English (Fluent)
Dutch (Fluent)

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As our Credit Risk Modeller, you will be working in a role that gives you exposure to various internal and external stakeholders where you will get as much responsibility as you can handle. You will have the opportunity to make a difference and see the direct impact of your work. As a relatively smaller and dynamic bank, NIBC allows you to not only deepen your expertise but also to have a good grip of the bigger picture. You will become a member of a diverse and international team (8 nationalities so far) where collaboration and teamwork are at the core. Working within our team and at NIBC means working in a collegial environment where you can learn from the diverse experience of team members.

What will you do?

Model development and maintenance

  • Find creative solutions for highly low-default non-retail portfolios which are primarily based on qualitative rigor and understanding of the business
  • Participate in the re-development and improvement of business-critical risk models
  • Have a key role in risk data analysis and methodology updates in response to strategic portfolio developments and changes in regulations
  • Perform regular model monitoring
  • Contribute to the continuous improvement of the lending process

Communication

  • Be part of the internal Methodology Advisory Group which is responsible for advising the Risk Management Committee on methodological developments
  • Be a knowledgeable sparring partner for other teams with regards to credit risk modelling;
  • Facilitate ongoing liaison with Portfolio Management, Finance, IT and other credit risk modelers

Boundary spanning

  • Have opportunities to take part in bank-wide projects that span over several knowledge domains and require effective communication at all organizational levels
  • Help steer NIBC in the challenging and dynamic regulatory environment

Your team

MDA provides an open, positive and challenging environment via a broad range of activities and projects. The team is responsible for the A-IRB and IFRS9 credit risk models, bank-wide stress testing, counterparty credit risk modeling (incl. EE, PFE and CVA/DVA) and has a leading role in the ongoing bank-wide transformational change programs. Within our diverse team, you will have the opportunity to make an immediate impact by playing a pivotal role in the maintenance and the further development of the A-IRB and IFRS9 model frameworks for specialized lending. You will have the opportunity to broaden your model development skills and closely collaborate with our commercial teams, other risk teams, Finance and IT.

NIBC as employer

Founded in 1945 to finance the visionary entrepreneurs who helped rebuilding the Netherlands after the second World War, NIBC was closely collaborating while professionally supporting companies and individuals in realizing their dreams and goals with a sustainable future in mind. As a midsize bank with a multicultural working environment that is best described as dynamic and ambitious, we share a forward-thinking, can-do attitude with our employees and clients which we call our THINK YES mentality. Our corporate values are Professional, Adaptive, Collaborative and Entrepreneurial. You will have a direct and meaningful impact on both the bank and its clients. By building our company on optimism and mutual trust, and with our THINK YES mentality, NIBC is an enterprising bank that enables ambitions

What’s in it for you?

NIBC provides an ambitious environment in which together we strive to create a fantastic workplace and where you feel safe and challenged to be the best version of yourself. This is in line with Professional, Adaptive, Collaborative and Entrepreneurial, since you are in the lead of setting the PACE of your career at NIBC. In addition, you receive a competitive salary, plus:

  • Several ways to support your development personally and professionally, e.g.:
  • Personal development budget, to spend at your own discretion
  • Professional budget provided by your manager, to develop yourself in your work
  • GoodHabitz: free online courses you can choose to take for your own benefit
  • NIBC embraces the Hybrid way of Working. This means that we support working from home while encouraging our colleagues to come to the office. NIBC's guideline is to spend at least half of the working time at the office
  • Travel expenses or NS Business Card 1st class
  • 32 vacation days (which do not have to be registered)
  • Excellent pension scheme
  • A voucher to improve your home office
  • The opportunity to take ownership and show initiative in your role. We are always open to new ideas, and encourage to use your voice
  • Grow to Make a Difference program enables you to be in charge of your own development
  • Two staff associations: YoungNIBC and MyLeisure
  • Vitality program, annual company-wide sports & leisure days
  • Monthly internet allowance
  • Laptop and a company phone
  • Excellent facilities at the office (Coffeecorner, Restaurant, Exchange bar)

What do you bring?

  • You are a self-starter and a big picture thinker with attention to detail
  • Have at least 3 years of credit risk modelling experience (A-IRB or IFRS9) preferably for specialized lending
  • Enjoy programming and have good Python and SQL programming skills
  • Have experience risk/regulatory projects
  • Have good communication skills (English)
  • Would enjoy challenges in a dynamic work environment.

Founded in 1945, we financed the visionary entrepreneurs who helped rebuild the Netherlands after the second world war. Entrepreneurship is in our DNA. By working closely together and professionally supporting companies and individuals, we enable them in realising their ambitions with a sustainable future in mind. We are a bank with a dynamic and ambitious culture, we have a forward-thinking, can-do attitude that we call our THINK YES mentality.

Finance & Banking
Den Haag
Active in 4 countries
640 employees
60% men - 40% women
Average age is 39 years

What employees are saying

Irina Bodistean

Analyst Infrastructure

Irina Bodistean

"What I valued the most about the Talent Program was that you are set on a path of self-discovery, where you get to refine your identity, learn to work with people from different backgrounds and get to experience a start-up process. And the best part, you get to have a lot of fun in the process!"

Tim de Kort

Associate Shipping

Tim de Kort

"The Talent Program has been important in helping me secure a position at a place I truly wanted to be and expanded my network within the bank. Moreover, the program creates a welcoming and fun community, making it an enjoyable experience to learn and grow alongside other talented colleagues."