A German bank is seeking a Senior Risk Controller to join their growing team in Berlin. You will drive the development of Credit Risk Methodology & Framework, and be responsible for the monitoring of the rating / risk processes of the bank. In the context of IRB modelling, your main task would be to redevelop all of the ratings systems this year, in accordance with the ECB. This is a senior position on the team with a clear path for progression
Responsibilities:
- In the context of IRB modelling, engage in the model development of the PD and LGD for the Retail portfolio
- Monitoring of the risk measurement methods used to estimate PD and LGD
- Guide and advise junior members on the team
- Further development of the validation concept in accordance with regulatory requirements
- Continuously monitor and identify any adjustments that need to be made, subject to changes in regulatory requirements
- Design and support of internal processes and methodology on rating topics
Requirements:
- Advanced degree or equivalent in a mathematical, physical or econometric field.
- 3 or more years' experience working in Risk Modelling or Risk Controlling, and strong understanding of IRB models
- Strong knowledge of the regulatory requirements in context of Credit Risk
- German speaking
