Risk Modeller in Credit Risk Modelling Team

Responsibilities:

• Develop and improve IRB approach based Credit Risk Models (PD, LGD, CCF);
• Lead specific pieces of the modelling effort: review data & attributes, assess modelling options, defend model choices with stakeholders;
• Ensure successful implementation of new models and analytical initiatives;
• Perform selected tasks regarding model monitoring and maintenance;
• Identifying promising data sources and converting data into credit insights;
• Communication of detailed technical information in a simple and clear manner;
• Knowledge transfer and junior modellers coaching;
• Contribute to a good working environment by taking on a positive and constructive approach in cooperation with colleagues and giving honest feedback ensuring the drive of high performance in the team 

Skills and Experience:

To succeed in this role, you’ll need at least 3 years of experience in working in a bank’s Credit Risk modelling function, ideally in an ECB regulated bank. Relevant experience working with risk scorecards & other predictive modelling areas is also considered.

We look forward for a relevant background and good understanding in, Credit Risk knowledge, Credit Risk regulation, modelling choices and statistical techniques.

You will need a working knowledge of Python and/or R. Also, you will need database related knowledge such as SQL. Knowledge of SAS and GitLab is considered a plus

You will also demonstrate:

• Knowledge of data exploration, data mining, and data transformation as well as statistical estimation algorithms and model design; 
• Knowledge of a variety of modelling techniques such as multivariate regressions and models with categorical response variables;
• Good knowledge of Financial Risk regulation (Basel, EBA, IFRS9);
• Demonstrated strengths in problem solving, planning, organizing and initiative;
• Ability to function in deadline intensive environment, managing multiple responsibilities while effectively focusing on priority issues;
• Excellent analytical, communication, presentation, organizational and problem-solving skills;
• Highly self-motivated, results oriented and capable of independent and critical thinking and problem solving;
• Previous experience on agile working environment would be considered a plus;
• Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills;
• Bachelor’s degree level or equivalent in a STEM or other numerate discipline with experience in data driven analysis and statistical or mathematical modelling;
• Fluent English language skills. 

Why Luminor? What we can offer you:

• Dynamic and International working environment that is filled with interesting challenges and opportunities as we build and innovate a new bank together;
• Varied opportunities to support your professional and personal development and growth;
• A competitive benefits package in addition to your salary;
• An additional benefits package for employees after 1 year in the company, which includes additional days of vacation;
• A collaborative and supportive team where you can create and implement ideas;
• A salary range for this position at 2000-3000 EUR (Gross*), which is to be determined depending on the level of experience and competencies of the selected candidate.

Application deadline is 2021.04.24

In case of questions please feel free to contact: Hiring Manager Kaspars.Priede@luminorgroup.com or Junior People Partner Vikante.Rackauskaite@luminorgroup.com.