Medior Retail and EC Credit Risk Model Owner

Details

We are looking for a medior colleague to join the Retail & EC Model Strategy team within ABN AMRO’s Credit Risk Control Unit (CRCU) and Model Strategy department. The team acts as model owner for Retail and EC Credit Risk models, including IRB, Non-IRB, IFRS 9, EC models and scorecards. The models support regulatory and economic capital calculations, provisioning, risk-based decision-making, portfolio management and other downstream processes.

Responsibilities

• Maintain the model strategy and return-to-compliance plans.
• Oversee the life cycle of retail credit risk models, including IFRS 9 and stress-testing models, and EC models across retail and non-retail portfolios.
• Participate actively in model development to ensure delivery in line with strategy and requirements.
• Determine requirements for new models.
• Sign off on model development, changes and monitoring.
• Support model implementation.
• Address model deficiencies and findings.
• Oversee and report on model use.
• Execute model decommissioning.
• Report to senior management and key stakeholders.
• Coordinate activities with external vendor model providers.
• Collaborate with Modelling Data, Risk Modelling, Model Validation, Model Implementation, Credit Risk, business line, Internal Audit, External Audit and supervisory authority stakeholders, including DNB and the ECB.

Requirements

• PhD or MSc in a quantitative or relevant field.
• Two to six years of experience in a relevant role, such as Credit Risk Management, Modelling or Model Validation.
• Ability to switch between detailed analysis and broader strategic challenges.
• Knowledge of credit risk model-related regulation, including CRD/CRR and IFRS 9.
• Solid understanding of credit risk model design and underlying data, with the ability to explain these concepts clearly to stakeholders.
• Excellent communication skills, particularly in writing, with fluency in English.
• Confidence in stakeholder management and the ability to lead constructive discussions.
• Curious, responsible and proactive, with the ability to take initiative.

Working Environment

The CRCU and Model Strategy department consists of four teams, including two Model Strategy teams: Retail and EC Model Strategy and Non-Retail Model Strategy. The department has around 50 FTEs. There is room to grow and develop, and the department values different perspectives, fresh thinking and an open, informal atmosphere.

Benefits

• Full-time position of 36–40 hours per week.
• Flexible working environment with opportunities for personal and professional growth.
• Supplementary benefits budget of 11% for additional employment benefits.
• Personal development budget of EUR 1,000 per year.
• Annual public transportation pass.
• Solid pension plan.
• Salary scale 11: €6,066–€8,666 per month.

Applications can be submitted until Friday, August 21, inclusive.