Domain Expert IV (Credit Risk) (316139)

Over deze functie

The Non-Retail Credit Model Risk department, within Model Risk Management & Model Validation (MRM & MV), is a culturally diverse team of approximately 17-19 highly qualified professionals, located in Amsterdam. The team is responsible for model risk management and validation of all models within the non-retail credit risk domain.

ABN AMRO is looking for an experienced Model Risk Officer, with a broad and holistic view across the entire model landscape, value chain, and model lifecycle. As a domain expert you are responsible and take ownership of all model risk activities within your domain, including the approval governance and model risk reporting related items. Based on your expertise in model risk, you provide full-scope advice across the model lifecycle – development, validation, implementation, use and monitoring – and you translate internal and regulatory expectations into practical frameworks, standards, and guidance. You review and challenge the first line’s model risk management and perform independent analyses where necessary to evidence conclusions. You synthesize validation and monitoring outcomes into clear, actionable proposals that enable risk-based decisions on model use and approval, ensuring alignment with the bank’s model risk appetite and the three-lines-of-defence model. You act as a Single Point of Contact (SPOC) and professional sparring partner for model owners, developers and other stakeholders, share best practices, and represent the discipline in internal and external expert fora. In addition, you provide input to the MT MRM & MV and other senior management.

Next to the domain oversight, project steering and reporting ownership, you will be embedding structured coaching into the team. You will be formally responsible for coaching some members within your Model Risk team. We want to provide a broad skill set to all the team members, to be used within and outside of the department as well as fostering knowledgeable and capable model risk managers.

We are looking for someone with strong stakeholder management skills, holistic view over the model landscape, deep understanding of model risk, model development and model use. You have an extensive understanding and expertise in international financial markets, related models and relevant regulations, and are able to manage projects performed by a diverse team of high value specialists.

This role reports to Head of Non-Retail Credit Model Risk department.

Your job

As a Model Risk Officer and Domain Expert, you are responsible for supporting leadership in the implementation and execution of the Model Risk Management Framework – including model discovery, tiering, inventory management, validation, risk reporting, monitoring, and risk assessment – while setting the model Risk Appetite Statement and ensuring effective governance, oversight, and issue resolution.

Key activities

• Domain management and project steering: Provide oversight and review of all model validations within your assigned domain(s), guide major projects to successful delivery, and prioritize key model risks.
• Ownership of model risk reporting: Ensure accurate, timely, and comprehensive reporting of model risk metrics and findings to senior stakeholders.
• Structured coaching and capability building: Mentor team members and foster expertise in model risk practices through structured coaching.
• Stakeholder management: Build strong relationships and maintain effective communication with internal and external stakeholders.
• Driving strategic initiatives: Lead initiatives that enhance the model risk framework and align with organizational priorities.
• Maintenance and enhancement of standards: Define, update, and enforce standards and best practices for model validation and model risk management.
• Active contribution to team leadership: Collaborate with leadership peers to shape team strategy, culture, and performance.
• Representation and governance: Act as delegate for domain-related activities in governance forums and decision-making processes.

Key Challenges & Outcomes

• Facilitate the transition from Model Validation focus to Model Risk Management & Validation orientation.
• Drive change from process-oriented to risk-aware prioritization and execution.
• Build team capability through structured coaching and mentoring.
• Strengthen governance and reporting to ensure transparency and accountability.
• Ensure prioritization and oversight of validations and major projects within the domain.
• Contribute to shaping strategy, culture, and performance across the Model Risk team.

Working environment

The Non-Retail Credit Model Risk department is part of ABN AMRO’s Model Risk Management & Model Validation (MRM&MV) department. There are three other model risk teams within the MRM&MV department: Financial Markets Model Risk, Retail Credit Model Risk, Non-Retail Credit Model Risk. You are member of the Non-Retail Credit Model Risk department and report to the Head of Non-Retail Credit Model Risk department. The head of MRM&MV reports directly to the CRO.

Your profile

Experience:

• You work and reason at an university level and have and academic degree with at least 10 years’ experience of providing advice in your respective field.
• Relevant and proven experience within risk management.
• You have an extensive professional network. Within that network, you present yourself and the bank as valuable business partners.
• Deep model risk knowledge and robust risk management toolkit.
• Extensive knowledge of risk management practices and ABN AMRO business, including in-depth knowledge of products traded, corresponding risk, regulations and models.
• Good understanding of the developments in the financial industry and the ability to relate this to the activities of ABN AMRO.

Personal Skills:

• Motivated team player with strong credibility and ability to influence stakeholders.
• Excellent stakeholder management and communication skills, adept at navigating diverse perspectives and resolving conflicts.
• Solid understanding of regulatory principles, with knowledge of Finance, Risk, and Compliance.
• Adaptive communicator, able to switch between strategic discussions and technical details.
• Skilled in prioritization and planning, balancing short- and long-term objectives in ambiguous situations.
• Leadership and coaching mindset, fostering a safe, inclusive environment and unlocking team potential.
• Outcome-oriented, embedding departmental strategy within your domain and contributing to bank-wide goals.
• Strong organizational sensitivity, negotiation, and conflict resolution skills.
• Demonstrates sound judgment, balancing cost and risk awareness, and managing cyclical and ad-hoc deliverables.
• Executive communication skills, delivering concise, audit-ready narratives and clear decisions.

Behaviour we want to see within Risk Management

• Debate, debate, decide: Gain different perspectives on impact throughout the value chain. Then take the decision, accept the decision and respect single accountability & responsibility.
• Keep it simple: Start with the goal, set well-defined requirements, proactively address dependencies, seek feasibility in plans and don’t overpromise. No abbreviations.
• Embrace Good: Don't go for perfect, do what’s right and compliant.
• From being nice to being kind: Ask and act on feedback, be open about the good, bad and ugly. Reflect, adapt and move forward.
• No excuses – stay the course: Take the lead, own it. Act quickly, standardize progress updates to ensure timely support and escalate.

We are offering

• The opportunity to be the best you can be, work flexible hours and lots of room to grow both personally and professionally.
• Flexible hybrid working arrangement.
• A supplementary benefit budget of 11%, which you can spend on additional fringe benefits.
• A personal development budget of EUR 1.000 per year.
• A solid pension plan.