We are currently seeking a Leader of Quantitative Risk Controlling in Stuttgart with our client in the banking sector.
- Lead and manage a team of five experts responsible for developing and adapting internal rating models for credit risk in accordance with Basel and IFRS 9. This includes validation, model backtesting, credit risk monitoring, analysis, and risk planning.
- Oversee and prioritize projects and tasks by setting clear objectives and efficiently allocating resources.
- Develop and implement quantitative risk models for credit risk.
- Assess and validate risk models to ensure compliance with regulatory requirements, group standards, and internal guidelines.
- Identify key risk drivers and trends, collaborating with the credit department to analyze the relationships between operational credit risk measures and their impact on risk provisioning and cost development according to IFRS and HGB. Recommend measures for risk optimization and control.
- Create and refine credit risk planning in collaboration with the credit department and financial controlling, including conducting scenario and stress tests.
- Lead and participate in management and group-level committees.
- Engage in internal and external audits, ECB inspections, and the approval process for models.
- Participate in bank and group projects.
Your Qualifications:
- Completed studies in mathematics, statistics, industrial engineering, or economics with a quantitative focus.
- Several years of leadership and professional experience in quantitative risk management at a bank, insurance company, or auditing firm.
- Team-oriented working style with the ability to thrive in a dynamic environment.
- High degree of responsibility and initiative.
- Excellent communication and presentation skills, with the ability to explain complex issues clearly.
- Strong knowledge of quantitative methods and modeling techniques.
- Programming experience in SQL, SAS, and ideally R and Python.
- Strong analytical skills and problem-solving abilities.
- Ability to make decisions based on model-derived insights.
- In-depth knowledge of IRB regulations and IFRS 9.
- Project experience in regulatory projects.
- Proficiency in English and German.
- Advanced MS Office skills.
If you meet the requirements above and are interested in this exciting opportunity, please submit your application today. Our client offers a competitive salary and benefits package, as well as opportunities for career advancement within a dynamic and innovative international bank. For further information, please apply here or get in touch at: +4930166340768
