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.