IRBA Model Validation Specialist (m/f/d)

With our approximately 90 branches, consulting centers, financial centers, our customer service center and our specialists in real estate, insurance, building savings, securities as well as for all topics relating to the corporate customer business, we are one of the largest circular savings banks in Germany. Currently we employ about 1,400 employees and over 150 trainees. We are not only an innovative financial service provider, but we are also involved in our foundations to a considerable extent for the district Ludwigsburg: economically, ecologically and socially sustainable. The proximity to the local people is important to us. This applies not only to our customers, but also to our employees, whom we offer numerous additional benefits. Convince yourself!

The Kreissparkasse Ludwigsburg: Stability and innovation for our region. The Kreissparkasse Ludwigsburg is proud to be a leading financial service provider in the Ludwigsburg region, which is constantly evolving to meet the requirements of modern banking. With a clear focus on the strategic advancement from the credit risk standard approach (KSA) towards IRBA, we are looking for dedicated and qualified professionals who accompany us on this path. We are looking for reinforcement for our team, which will help shape the further development from KSA to IRBA. You can expect exciting challenges related to credit risk modeling, data quality management, regulatory and more. Our teams work on the coordination of cross-themes and contribute to the risk sustainability and strategic orientation of the Sparkasse. We are looking for:

Your tasks:

Own responsibility for the independent validation of internal credit risk models (including PD) in accordance with regulatory requirements (CRR, EBA guidelines) and internal requirements Assessment of conceptual solidity, data quality, basis of development and performance of models Conducting quantitative analyses, back testing, benchmarking methods and test scenarios to check model quality Creating meaningful validation reports with clear recommendations for action for model development and management Continuous development of validation methods and processes Close coordination with model development, risk controlling, IT and internal audit as well as external service providers. Contact person for internal and external testers and supervision in all questions of model validation

Your profile: Successfully completed university studies of (economic) mathematics, statistics, physics, econometry, economics with a strong quantitative focus or a comparable qualification Multiannual professional experience in the validation or development of credit risk models, ideally in the IRBA environment of a bank or a financial service provider Very good knowledge of statistical and economic methods and their application Practical experience with common statistics software (e.g. SAS, R, Python) and database queries (SQL) Determined knowledge of the relevant regulatory requirements (in particular, EBA guidelines for model validation) Embossed analytical and conceptual skills, coupled with a high degree of accuracy, objectivity and critical judgment Very good communication and presentation skills, as well as the ability to prepare complex issues in an address-oriented manner Team orientation and enforcement capability

Your Benefits Flexible working time control including “Mobile Work” Compensation within the TVöD parking occupant with about 14 monthly salaries Holiday entitlement of 32 days per calendar year Future-oriented personnel development with attractive training opportunities Above-average occupational pensions (ZVK-Baden-Württemberg) Free allowance for the job ticket (mtl. 40,00 €) Investment services (mtl. 40,00 €) Employer-funded occupational health insurance (bKV) Operational kindergarten and support for kindergarten care Staff restaurant or food vouchers for contract restaurants Numerous business sports and an attractive health management, among other things, thanks to joint corporate fitness with EGYM Wellpass: Sports, Health & Online Fitness Jobrad: Bicycle and e-bike leasing Further benefits for financial products as well as exclusive employee offers on top conditions about ''corporate benefits' Main point in the city centre with direct public transport connection (station can be reached within walking distance)

Did we awaken your interest? Then apply online through our applicant platform. For further information, please contact Rina Dakaj, Personnel Officer, telephone 07141 148-4017. For further information please visit: www.ksklb.de/karriere