VP Credit Risk Model Development (m/f/d)
We are currently working on a newly created VP level to be based in Frankfurt. Our client is a large international corporate and investment bank.
The Head of Risk Methodology is looking to hire a new VP for a role in his model development team, focussed on PD, ratings and other credit risk models. The bank is investing heavily in their model risk management function. The models and methodology developed in this unit will be implemented into the banks global libraries and offer a high level of complexity. The teams are based in New York, London and Frankfurt and work together closely in developing new methodology, implementing the new PD models into the business and stress testing them. The bank is looking for someone with a strong mathematical background, experience in credit or other financial risk types, python knowledge and ideally an appetite to help grow the team and mentor the more junior members. You should have acquired a sound understanding of international banking and regulatory requirements in the model risk space.
Further requirements are:
- A master degree/PhD in mathematics, physics, quantitative finance or a similar field
- A minimum of 5 years' working experience in a model risk function in a bank, financial services company or consultancy
- Project management experience
- Very good English-speaking skills
- Experience in working with Python or SAS
For further information, please apply here or call Michael Franz directly - his number is +4930726211403.
We look forward to hearing from you.
