Medior Retail and EC Credit Risk Model Owner Job

Medior Retail and EC Credit Risk Model Owner job in Amsterdam
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Category: Risk ManagementSalary and Benefits: Schaal 11: € 6.066 - € 8.666 pm
Location City: AmsterdamMap:
Amsterdam ( Show on map )
Description At a glance
We are looking for a new medior colleague to join our Model Strategy team within ABN AMRO's Credit Risk Control Unit (CRCU) and Model Strategy department.
The team acts as model owner for Credit Risk models i.e. IRB, Non-IRB, IFRS9, EC models and Scorecards. We fulfil this responsibility by shaping the model strategy and coordinating and overseeing the full model life cycle. This includes defining model strategy, maintaining oversight of design, internal and regulatory approval, implementation, use, monitoring and decommissioning. The models support regulatory and economic capital calculations, provisioning, risk-based decision-making, portfolio management and a range of other downstream processes.
Your job
- Maintenance of the model strategy / return to compliance plans. - Oversight of the life cycle of retail credit risk models (including IFRS 9 and stress testing) and EC models (across both retail and non-retail portfolios), as well as active participation in model development to ensure delivery in line with strategy and requirements. This includes: - Determining requirements for new models. - Coordination of activities with external vendor model providers.
Working environment
The CRCU and Model Strategy department consists of four teams, including two Model Strategy teams (i.e. Retail and EC Model Strategy & Non-Retail Model Strategy) and around 50 FTEs.
The two Model Strategy teams work closely with other colleagues in the CRCU and Model Strategy department, as well as with stakeholders such as Modelling Data, Risk Modelling, Model Validation, Model Implementation teams, Credit Risk teams, business lines, Internal/External Audit, and supervisory authorities such as DNB/ECB. You will colla...