Credit Risk Modeller - Non-Retail

Credit Risk Modeller - Non-Retail

Summary:

NIBC Bank is looking for a Credit Risk Modeller in our Modeling & Data Analytics team!

Job Description:

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;
• Further modernize and optimize the credit risk modelling process.

Your team

MDA offers an open, positive, and challenging environment through a diverse range of activities and projects. You'll join a highly dynamic and educated team at the heart of various processes. Our team is responsible for IRB and IFRS9 credit risk models, bank-wide stress testing as well as ESG hedge accounting and counterparty credit risk modelling. The team also plays a leading role in the ongoing bank-wide transformational change programs.

As part of our team you will assume substantial responsibilities and gain extensive exposure. You will have the opportunity to refine and enhance your model development skills while working closely with our commercial teams, other risk departments, Finance, and IT.

Join us and make an immediate impact by leveraging your expertise—whether in statistical analysis, regulatory compliance, or technical insights—to further enhance our IFRS9 model framework.

NIBC as an 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?

• A role giving you exposure to various internal and external stakeholders where you will get as much responsibility as you can handle;
• Opportunity to make a difference and see the direct impact of your work. As a relatively smaller and dynamic firm, NIBC allows you to not only deepen your expertise but also to have a good grip of the bigger picture;
• Be a member of a diverse international team (9 nationalities so far) where collaboration and teamwork are at the core;
• A collegial environment where you can learn from the diverse experience of team members.

NIBC is an ambitious environment where together we strive to create a fantastic workplace where you feel safe and challenged to be the best version of yourself. This is in line 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, a personal development budget to spend at your own discretion, professional budget provided by your manager to develop yourself in your work, and an in-house training offering;
• NIBC embraces the Hybrid way of Working. This means that we support working from home as well as encourage 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 holidays (which do not have to be registered);
• Excellent pension scheme (26% NIBC contribution);
• 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;
• The nature of our 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 (Coffee corner, Restaurant, Exchange bar);
• Last but not least, a fun workplace in which diversity and inclusion is valued.

What do you bring?

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