# Credit Risk Model Manager

**Company**: Deutsche Bank
**Location**: Madrid
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/Madrid-Paseo-Castellana-18/Risk-Frameworks-Senior-Specialist--f-m-x-_R0448316?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_041abd7b-e1b

## Description

Join Deutsche Bank Risk in Madrid as a key role in managing credit risk models.

Become the primary contact for Spanish credit risk models, connecting Spain with Model Development and Model Validation teams.

**Responsibilities**

- Act as the primary contact for Spanish credit risk models, ensuring effective coordination with Model Development and Validation teams throughout the model lifecycle.

- Coordinate and support model development, recalibration and validation activities, ensuring that local portfolio characteristics, data considerations and business context are appropriately reflected and communicated.

- Ensure quality and accuracy of the data provided for model recalibration, working with relevant stakeholders to identify data-quality issues, inconsistencies or gaps and drive their resolution.

- Act as the central interface between local Credit Risk, model developers, validators and other relevant stakeholders, coordinating requests, analyses, validation findings and follow-up actions.

- Contribute to the effective governance and documentation of PD and LGD models, providing the required local input and maintaining transparency over key model and data topics.

- Play a key role in international and cross-country projects, representing the Spanish perspective and collaborating with global teams on model, data and credit risk initiatives.

**Skills**

- Expertise in credit risk models for retail portfolios, focused on the calculation of Expected Credit Loss (IFRS 9) and capital (RWAs).

- Strong understanding of IFRS 9, CRR3 and new Definition of Default regulations.

- Background in Business Administration (ADE), Engineering, Science Degree or related fields, with solid knowledge of risk parameters.

- Deep knowledge of SAS and/or Python.

- Strong quantitative and qualitative credit data analysis skills.

- Flexible, proactive, results-driven professional with a strong focus on innovation.

- Excellent organizational skills, ability to multitask effectively, and keep an eye for identifying and evaluating processes, controls and risks.

- Highly communicative professional with strong interpersonal skills and excellent written and verbal communication abilities in both Spanish and English.

**Well-being and Benefits**

- Emotionally and mentally balanced: initiatives such as counseling and support in difficult life situations and a culture where you can openly speak about mental health.

- Physically thriving: discount in gyms, annual medical check-ups, standing desks.

- Socially connected: different types of paid and unpaid leave, hybrid model of remote working.

- Financially secure: meal allowance, pension contribution plans, banking services for employees, flex compensation program.

## Skills

### Required
- credit risk models
- IFRS 9
- CRR3
- SAS
- Python
- Business Administration
- Engineering
- Science Degree
- Spanish

### Nice to have
- advanced risk models (IRBA)
- credit risk management
- consulting area specialized in credit risk management

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Source: [Apply at db.wd3.myworkdayjobs.com](https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/Madrid-Paseo-Castellana-18/Risk-Frameworks-Senior-Specialist--f-m-x-_R0448316?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)