Senior Consultant Rating Validation / Risk Controlling (m/f/d)

Make your next career step at a bank where you can successfully shape your future and the future of the cooperative banks. The DZ BANK is the second largest commercial bank in Germany, the leading bank of the Volksbanken Raiffeisenbanken, the central bank for around 800 German cooperative banks and has the holding function for the companies of the DZ BANK Group. We are a powerful employer that offers you new exciting challenges. The digital thinking and self-initiative estimates. It calls for and promotes. The innovation advances and believes in constant change. And who thinks and works particularly in partnership - because we shape success together, like you. This is expected

• As a Senior Referent (m/w/d), you are involved in the validation of rating procedures (PD, LGD, and CCF) and risk management models as well as in projects for digitization and empirical research in validation.
• They carry out operational validation tasks independently, including documentation of the results and follow-up of measures to improve models. For selected models, take the lead functions into validation teams.
• You will independently process tasks for the further development of validation methods in compliance with regulatory requirements and current regulatory requirements in the AI environment.
• They ensure the timely creation of validation reports and communicate results to internal stakeholders in an address-oriented manner.
• They follow regulatory developments (EGIM, Supervisory Handbook on Validation) and transfer them to corresponding validation specifications and processes.
• They represent validation approaches and results competently in internal and external audits and work in projects with a technical focus. You will also be responsible for the DZ BANK Group's subsidiaries on validation issues.
• They develop existing DV validation instruments professionally and technically - also for AI-based methods. You work closely and team-oriented with model development, IT, revision, supervision and other interfaces.

This will bring you

• Successful study of economics or mathematics with quantitative focus and research components
• Multiannual, well-founded experience in quantitative risk management with very good analytical and conceptual skills, in particular validation experience
• Knowledge of credit business, credit rating procedures, the application and interpretation of statistical procedures and current regulatory requirements for validation
• Funded programming skills, especially in R, Python and Git, as well as high affinity for DV development and digitalization. Experience with machine learning approaches is desirable
• Very good German and English in word and writing

  Joblocations:

60325 Frankfurt am Main, HESSEN, GERMANY