Cluster Lead General Lending Models (Credit Risk)

At a glance

In February 2025, the Risk Management mission has been reset to address the challenges and pain points. The mission of the CRO organisation is ‘we deliver sound and simple Risk Management solutions to increase our resilience while enabling our client’s success and the bank's growth’, with the vision to ‘secure risk excellence in the heart of ABN AMRO’. Therefore, the CRO organisation focusses on four strategic pillars: Simplicity, Execution Focus, Risks that Matter and Risk Culture. These strategic pillars rely on their People, Innovation, Seamless Processing, Governance & Organisation to successfully realise the Risk Management Vision.

Measuring and effectively managing risks is key in banking. The need for modelling in core banking processes and risk management is expanding rapidly, risk models are key in achieving the bank's ambitions to efficiently allocate capital, ensure a smooth lending journey and control costs. New technologies, new data sources and data-driven solutions create an enormous amount of opportunities. On the flip side, these opportunities result in competition from unexpected parties at an increasingly high pace. ABN AMRO intends to make a step forward by exploiting these new opportunities and strengthening the competitive position.

Your job

The Risk Modelling department plays a key role in ensuring correct risk quantification for the bank in an efficient & data-driven manner. Models are essential to quantify, measure and forecast risks and enable well-balanced risk weighted decisions. Risk Modelling is responsible for the development and maintenance of models in the fields of:

• Credit Risk modelling, including models for IRB, IFRS9, Stress Testing, Credit decisioning, Pricing and Early Warning
• Market Risk, Liquidity Risk & Interest Rate Risk modelling
• Economic Capital modelling

As such, it develops, maintains, backtests and reviews the key risk components of the bank and allows other parties within the bank to benefit from its risk engines. For this purpose, Risk Modelling has regular contacts with Business (Personal & Business Banking, Corporate Banking and Wealth Management), Finance, ALM, COO, IT and other parties within Risk Management. Risk Modelling actively pursues new techniques and new ways of working (such as Machine Learning) to increase the effectiveness of models and the efficiency of the modelling process. Risk Modelling drives the end-to-end modelling chain that brings new models from initiation to implementation, and coordinates the efforts for this across the bank.

The department Risk Modelling consists of 5 teams with in total approx. 150 FTE. The Lead General Lending Models is one of the 5 Cluster leaders within Risk Modelling, overseeing a workforce of approximately 35 FTE. The General Lending Models team covers the redevelopment & recalibration of all types of Credit Risk models that fall under the scope of Non-Retail General Lending portfolios of the bank. As Lead General Lending Models, you take end-responsibility for the delivery of all the model redevelopments and recalibrations in this scope, in line with the modelling roadmap of the bank and following applicable regulations and internal modelling standards.

Working environment

• You directly report to the Head of Risk Modelling and are a member of the MT Risk Modelling.
• You have three direct reports:
  • Subteam Lead General Lending I
  • Subteam Lead General Lending II
  • Subteam Lead General Lending III
• You oversee a workforce of approx. 35 FTE.
• You coordinate the End-to-End modelling chain for the respective model developments & recalibrations, including close collaboration with stakeholders such as Model Owner, Data teams, Model Implementation teams, Model Validation, Audit, Corporate Banking and Wealth Management.
• Your office location is at the head office in Gustav Mahlerlaan. The team applies a hybrid way of working.

Your profile

• Academic master’s degree or PhD.
• More than 8 years of experience in a financial environment.
• Experience with leading large multidisciplinary quantitative projects.
• Thorough knowledge and experience with risk modelling.
• Thorough knowledge of financial markets, products and risk management.
• Thorough knowledge of rules and regulations and regulatory trends relevant for risk modelling (Basel, IFRS, FRTB, CRDIV/V, etc.).
• Thorough knowledge of the strategy of ABN AMRO and implications for Risk Modelling.
• Experience in interactions with DNB/ECB including onsite inspections.
• Strong personality with respect to interaction with internal stakeholders, regulators and other external stakeholders.
• Experience in developing models, quantitative analysis & programming.
• 10+ years of experience, a future-oriented mindset, and proven leadership qualities are required.

We are offering

• A competitive salary.
• The freedom to optimize your performance in a flexible working environment.
• Tools to stay fit and update your knowledge, with space provided for you to practice and grow your skills.
• An additional benefit budget of 11%, with which you can buy flexible terms of employment.
• A personal development budget of €1,000 per year.
• A public transportation subscription.
• An excellent pension scheme.
• An extensive benefits package and control over your own development.

Waarom ABN AMRO?

• Bouwen aan de bank van de toekomst
• Veel interne doorgroeimogelijkheden

For more information you can contact Joris Cloostermans (joris.cloostermans@nl.abnamro.com), Head of Risk Modelling or Robert van den Boogaard (Robert.c.van.den.bogaard@nl.abnamro.com), Talent Acquisition Specialist.