We need you!
ABN AMRO is a leading Dutch bank, with an international presence across Europe. As part of our Credit Risk Control Unit (CRCU), we are looking for a skilled Regulatory Model Management Specialist (RMM)who has a solid (quantitative) risk management background complemented with a thorough understanding of the regulatory requirements underlying the capital calculation for credit risk.
The CRCU is responsible for the design, implementation and oversight of the rating systems in line with requirements from Article 190 from CRR
As a regulatory model management specialist you will translate the bank’s business strategy into the model landscape. You provide advice on the design or selection, implementation, oversight and performance of the model landscape, in the context of current implemented (A)IRB models, permanent partial use (PPU) of standardised approach, roll-out decisions and future Basel IV requirements.
Furthermore, the team is also responsible to maintain the quality of the IRB credit risk (CR) models and the bank’s related processes, procedures, and systems.
In this role, you will participate in the quality assurance assessments of model (re)developments or model monitoring projects among other activities
In your day-to-day job you will work in multidisciplinary project teams. You closely work together with modellers, policy department and the business in order to ensure that the model landscape properly reflects the regulation, the business practices and processes.
This means being (actively) involved in stakeholder management of both internal and external parties including the DNB and ECB.
You are capable of providing advice to the relevant stakeholders with advice on IRB CR models, roll-out related issues and interpretation of regulation
You enjoy the challenge of performing quantitative, financial and non-financial analyses. You are able to provide a clear and proper explanation of relevant regulations and internal policies.
Your reliable advice and decision-making forms the basis for optimizing the quality of the credit risk model strategy. You communicate clearly and transparently, both orally and in writing.
It is expected that you continue developing your knowledge and skills and be able to coach your junior colleagues who will be supporting you.
Your working environment
The Regulatory Model Management department is a new team which is being extended covering the tasks of the Credit Risk Control Unit (CRCU).
RMM is part of the Risk Data and Analytics department which plays a key role in ensuring that the bank makes informed, data driven decisions.
The main focus is the development, implementation and maintenance of our regulatory models. These models are key to the existence of the bank as they form the basis for loan approval, pricing, performance management and regulatory capital.
What we offer
Please submit your application online.
We are looking forward to hear from you!