Team Lead Credit Risk Modelling

Measuring and effectively managing risks is key in banking. The need for modelling in core banking processes, including risk management, is expanding rapidly. New technologies, new data sources and data-driven solutions create an enormous amount of opportunities. On the flip side, these opportunities result in competition at a high pace and increasing regulatory requirements on data and models. ABN AMRO is making a step forward by exploiting these new opportunities and strengthening our competitive position. Risk Modelling has the ambition to develop risk models that enable offering our clients a sustainable price that matches their risk profile. Our team has the ambition to be leading and on the cutting edge.

Your job

As Team Lead Credit Risk Modelling, you are responsible for leading a team of approximately 10 FTE in the redevelopment of credit risk models for various lending portfolios of the bank. You and your team play a central role in redeveloping ABN AMRO's risk model landscape, one of the major challenges in ABN AMRO's risk management. As team lead, you take end-responsibility for the redevelopment of PD, LGD, and EAD models in line with the Future Model Landscape planning of the bank, and you manage the team to deliver the redeveloped models in line with regulatory requirements and with the bank's quality standards. Moreover, you and your team take the model through internal model validation as well as onsite inspections from DNB/ECB. You foster good collaboration with stakeholders in business and risk and represent the Modelling department in various committees, management teams, change grids, and towards regulators and other stakeholders. You increase awareness and educate different parts of the bank regarding credit risk models. Meanwhile, you grow the team and coach team members on their work and their development goals.

Working environment

ABN AMRO Risk Modelling is a young and international team of more than 150 professionals. We are the centre of excellence within the bank for developing quantitative risk models, which are used by the bank in its daily decisions, from pricing of deals and granting of credits to setting and monitoring of market risk limits and determining the capital requirements for the bank. Our team enjoys intellectual challenges and has a mentality of rolling up our sleeves to get the job done. Our team seeks out collaboration to maximize the usability and positive impact of our work for the bank.

Your profile

• You have a master's degree or PhD in a quantitative field.
• You have more than 8 years of experience working in a financial environment, in quantitative roles.
• You have more than 3 years of experience in a senior or managerial role.
• You speak and write English fluently.
• You are an effective communicator, connecting easily with stakeholders on different levels of seniority.
• You have thorough knowledge of banking and credit risk.
• You have thorough knowledge of rules and regulations and regulatory trends relevant for credit risk modelling (Basel, CRR, etc).
• You have experience in working with DNB/ECB through communication and on-site inspections.

Do you have what it takes to meet this challenge? Do you have experience with leading large projects with a strong quantitative character and an eye for detail? Or are you a top talent in the field of quantitative risk management and ready for the next step in your career? Look no further and apply to this role, we look forward to getting to know you!

We are offering

• The gross monthly salary is based on a 36-hour work week, including vacation pay and benefit budget.
• The Benefit Budget is 11% of your salary and allows you to acquire additional employment benefits. If you make no purchases or reservations in the Benefit Shop in a given month, you are paid one twelfth of your Benefit Budget that month.
• Five weeks of vacation per year. You have the option to purchase an additional four weeks per year.
• Personal development Budget of € 1,000 per year, which you can accumulate up to € 3,000.
• Possibility to work from home (in consultation with your team and depending on your position).
• An annual public transport pass with free public transportation throughout the Netherlands.
• An excellent pension scheme.

Interested?

Are you interested? Please apply online. For more information you can contact emmy.horsch-van.zuylen@nl.abnamro.com or joris.cloostermans@nl.abnamro.com. We look forward to getting to know you.

Equal opportunities for all

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.