Credit Risk Modeller

Credit Risk Modeller

Zo ziet jouw baan eruit

Hands-on quantitative modelling, stakeholder management and supporting your colleagues, those are the key roles you play as a Medior Credit Risk Modeller. Take the lead in predictive modelling at a bank where people take centre stage!

What you will do as a Credit Risk Modeller
Leveraging your knowledge of risk management and modelling you develop and improve the IRB credit risk models. You ensure compliance and help meet demands of our changing society. An example? Incorporating the impact of climate risk into the credit risk models.

You will be part of the Regulatory Capital models development team, which is dedicated to IRB credit risk models and credit approval models for the retail mortgages portfolio. You’ll be involved in every step of the risk model lifecycle, from methodology development and programming a prototype, to implementation in the bank’s production system as a sound basis for reporting. To secure approval you’ll discuss the model and its outcomes with multiple stakeholders, such as the model owner, model validators, model users, data owners and higher management.

During the whole modelling process you’ll be working in close collaboration with your colleagues, with whom you discuss your modelling decisions, methodologies and ideas for improvement, while supporting the Team Lead in achieving the team’s mission.

This is where you will work
The Regulatory Capital models development team is only one of the modelling teams within the bank and, if after some time you are ready for a new challenge, you can move to another team to, for example, learn about IFRS 9 or interest rate risk modelling. But before that you will regularly be meeting with modellers from other disciplines, through the modelling knowledge sharing sessions.

The modelling teams in the bank consist of more than 30 colleagues, who are all quantitative professionals sharing a drive to continuously improve our predictive risk models. People matter to us, which is reflected in our working environment. Because banking with a human touch requires people who enjoy going to work and are truly committed!

And of course it’s not all work. We also enjoy each other’s company outside of work, for a celebratory drink after finishing an important part of work or playing a game to get to know each other better.

Your qualities
You thrive on working in a team and supporting your colleagues, because together we can achieve results that matter. Your eagerness to learn helps you continuously improve your skills and you are happy to share what you’ve learned. Putting your communication skills to good use, you excel in stakeholder management, convincing the model owner, model users and model validators of the value of our model.

As a medior you understand what is important within your own team and for your stakeholders. If you see opportunities for improvement, you do not hesitate to make them known. And when the team decides that they are indeed of high value, you take on responsibility for parts of those improvements.

You also have:

• A Master’s degree or PhD in econometrics, mathematics, physics or similar.
• Extensive experience in programming.
• Basic knowledge of regulations for IRB models.
• At least three years’ experience of working in the field of risk modelling, preferably in credit risk.
• An excellent command of English.

To be sure if you are legally allowed to perform work in the Netherlands for the Volksbank, you must meet the follow conditions: a valid residence permit, a home address in the Netherlands and a social security number. Unfortunately we do not support relocation activities.

This is what you will get from us
The salary for this position is between €57.000,- and €88.000,- gross annual fixed income (13th month and 8% holiday allowance included) and based on 36 hours workweek. In addition (scale 10), de Volksbank offers interesting and flexible secondary benefits:

• A 36-hour working week, to be flexible divided over the week, for example, 4x9; 
• An individual choice budget, with which you choose when you receive your holiday allowance and 13th month; 
• A good collective pension scheme;
• Working from home is quite normal with us; 
• A personal training budget of €750,- per year, in addition to the standard training opportunities; 
• A budget of €900,- every 5 years to furnish your home office; 
• A NS Business Card and a reimbursement per km if you cycle to work; 
• A bicycle plan to buy a bicycle; 
• The opportunity to get partially paid for voluntary work; 
• A vitality program with workshops and coaching for your mental and physical health; 
• A laptop and mobile phone.

About us
We are working on a new future for de Volksbank, the company of the four bank brands: SNS, ASN Bank, RegioBank and BLG Wonen. We are bringing our brands together under one strong and familiar brand, ASN Bank, thus strengthening our organisation commercially and operationally. We are building a future-proof, strong bank committed to people and society.

“I like the combination of a supportive culture, and the opportunity to take on more responsibilities and grow.”
Colleague Name, Role

“Het is gaaf om te filosoferen over risico’s binnen de Volksbank en scenario’s om te zetten in concrete cijfers”
Colleague Name, Role