We aim to lead by example in the bold decisions we make as a business, from where and how we invest, to the products and services we offer, and of course the workplace we create. We will search for new ways to work with people, communities and businesses, to always evolve with their needs. And we will never stop innovating to make sustainable, ethical choices easy and rewarding.

At Lloyds Bank GmbH we play an important part in peoples’ lives, by the products we offer, and also how we operate. We finance your mortgage, keep your savings secure and also provide you with a personal loan if you need this. In Amsterdam we do this with an enthusiastic team of approximately 200 colleagues from different nationalities, and with an engagement score of 93%, colleagues find us a real ‘Great Place to Work’!

With our grand ambitions, we are looking for new colleagues who will bring fresh ideas to help us grow!

What are we looking for?

We are looking for a Senior Credit Risk Modeller. The MDM team supports the bank with modelling activities and as a Senior Credit Risk Modeller you will be responsible to lead model development projects and ensure the local regulatory requirements are being satisfied.

Which team will you be joining?

As a Senior Credit Risk Modeller you will be part of the Model Development and Monitoring (MDM) team, of 12 young professionals. The team is a diverse international team working mostly on credit risk models (AIRB and IFRS9) but also other models like fraud risk and stress and scenario testing.

Your accountabilities

• Initial model development / redevelopment / monitoring of credit risk models (IRB, IFRS9, credit decision models, etc.)
• Ensure compliance with applicable regulatory requirements for capital and accounting risk models
• Introduce model testing methodologies and standards
• Introduce and challenge advanced statistical techniques development of credit risk models
• Ensure a reliable infrastructure, including models, data, control environment and compliance with internal policies and external regulatory requirements
• Use state-of-the-art modelling techniques and ability to develop these further
• Build and manage effective relationships with colleagues in the wider Risk team and across partnering business functions (such as Modelling and validation functions, Finance, Customer Analytics and Risk Infrastructure) 
• Work pro-actively with IT and operational areas to drive forward and mitigate issues in the implementation and use of the models
• Seniors modellers undertake project management activities

Who are you and what do we ask from you?

Qualifications

• MSc qualification in a relevant subject (econometrics, statistics, maths, operational research), with knowledge of advanced statistical and analytical techniques

Experience & Knowledge

• Experience in credit risk modelling in the IRB and/or IFRS9 context (6+ years)
• Understanding of the regulatory environment and requirements for capital and accounting risk models (CRR, EBA RTS’s and Guidelines, IFRS9)
• Understanding of modern risk management techniques within Retail Banking, and in the use of risk models within such an environment
• Experience in the extraction and manipulation of data to support risk model development
• Experienced in the use of Python in risk modelling problems (advanced/proficient level)

Skills & Capabilities

• A highly analytical approach to problem solving
• Data analytics skills and programming skills (e.g. Python)
• Ability to get things done under pressure, hands-on mentality and pro-active
• Excellent English communication skills both verbal and in writing and ability to demonstrate these skills effectively across all levels of the organisation
• Proven ability to work well within a team environment

The expectations vary per the different seniority levels

What's in it for you?

On top of being part of a great group of colleagues we offer you a position for 32 to 40 hours a week. This aligns with a compensation package in line with the market and excellent secondary employee benefits, including:

• 13th month salary, either paid monthly or once a year in December
• 30 days PTO (or 240 hours) per year (based on fulltime employment)
• You can Swap Days to exchange Dutch National Holidays for another day of your choosing
• Non-contributory pension scheme
• You can join our collective medical scheme with a discount
• To support our Green goals, we encourage you to purchase a bike via our bike plan
• We want you to be healthy, so support you in joining a gym of your choosing through our sponsored (bedrijfs-) Fitness
• Get to know everyone in person and join the quarterly Connection events

We value your work-life balance, so offer;

• Flexible working: you can schedule your work hours to meet your personal needs
• Hybrid working: you can work from anywhere, even work from another country within the EU
• And provide you with a home office set up