Risk Methodologist (m/f/d)

Reference number: 17107 - Location: Stuttgart - Company: LBBW - Functional area: Risk Control - Full time / part time: 100

LBBW is one of Germany's leading banks and is an innovative company in the financial sector. In addition to traditional banking services, we focus on the areas of digitalization, sustainability and international markets. We offer an environment that promotes personal and professional development. With more than 10,000 employees, we shape the future of the financial world - Together #NeuesSchaffen

LBBW's Risk Control division stands for modern risk management. We measure and evaluate risks from business based on state-of-the-art procedures. The focus is on forward-looking analyses and control impulses to expose our bank to more resilient risks. The Traded Risk Methods group is responsible for developing models to measure market risks and operational risks, as well as the validation of valuation models of all capital market products. Our clear objective is to develop the models in a precise manner with regard to optimal bank control. We are looking for a motivated, open-minded person with fun and ability to (further)develop quantitative models to support the business initiatives of the trade around Portfolio Finance. The focus of the activity will be on the validation of complex securitisation models and the integration of the products into market risk measurement. We offer a powerful team, open work culture and challenging tasks.

• Accompanying the introduction of new products in the context of structured financing

• Analyses, prototype implementation and validation of models to assess complex securitisation structures

• Concept of taking into account new product structures in market risk models

• Participation in the Bank's new product process, close coordination and networking with the Front Office Quants and risk management

• Regular validation of evaluation functions for the product spectrum of structured financing

• Completed study with highly quantitative orientation, such as mathematics, statistics, data science, natural sciences or economics

• Professional experience related to financial derivatives assessment models and capital markets

• Experiences in modelling and evaluation of securitisation structures

• Knowledge of common programming languages such as Python or C# as well as SQL *Expressed analytical skills, high degree of self-responsibility and team capacity. In addition, safe occurrence also in test situations

• Openness for new challenges

Modern talent management for career development Active promotion of a good reconciliation of work and private life (including flexible working hours, sabbaticals and the possibility to work in part on a mobile or home office) Attractive occupational pensions Comprehensive health management (e.g. cooperation with gyms, occupational medical service, preventive examinations) Interesting leasing possibilities, e.g. Job-Rad, Tablet, Smartphone Great lunch offers (bio, vegetarian or vegan) Several daycare centres