Mathematician for Rating Procedures - IRBA (m/f/d)

Company description

The Volksbank eG – The designer bank, based in Offenburg and Villingen-Schwenningen, is one of Germany's largest and most powerful Volksbanks with a balance sheet of over 13 billion euros. Between Orteau, Schwarzwald, Baar, Hegau and Rhein-Wehra, over 1,100 employees in 39 branches are shaping the financial world of tomorrow. We are looking for courageous future designers: women who take responsibility and think ahead. Become part of our strong team! The Corporate Control Department seeks you as a mathematician (m/w/d) for rating procedures - IRBA for the new independent validation function according to Article 185 The independent validation function to be established is responsible for the comprehensive validation of models in the IRBA context, ensures compliance with regulatory requirements and creates a final assessment of the adequacy of the models or Rating systems (including processes and IT aspects).

As a future designer:in awaits you: As a motivated employee, you can support a long-term project to introduce the Internal Ratings Based Approach (IRBA) and then ensure the IRBA procedure’s compliance with the rule. You are responsible for the design, development and implementation of the validation of the IRBA rating systems (PD, LGD, CCF) and finally evaluate them. A further focus of your activities lies in cooperation in project groups and working groups with colleagues from different sectors and banks. Your regular tasks include creating annual validation reports per model or Rating system and reporting to management An important part of your responsibilities includes checking compliance with the regulatory requirements for the models or Rating systems and monitoring of supervisory audits

We look forward to this: In addition to a completed university degree with a mathematical-statistical orientation, you will already bring professional experience with IRBA reference in the field of validation or development of rating models to predict failure probabilities and loss rates in case of failure or a similar quantitative environment with With your knowledge of credit and supervisory law, you will bring valuable expertise to our team Your distinctive analytically conceptual skills and your quick understanding are just as good as your independent and structured work Your very good knowledge of German and English as well as your safe handling of MS Office or relevant software complete your profile You like to take responsibility and work independently, but are still an excellent team player with interest in challenging project tasks

Our Benefits for you:

We offer a responsible and varied activity in a dedicated and dynamic team with flat hierarchies and short decision-making paths. You benefit from an attractive remuneration with extensive social benefits and special conditions for banking products and services. We promote your professional and personal development through targeted training opportunities and individual support programs. Thanks to modern work structures, we enable a flexible design of your working time All Benefits and more information at www.werde-Zukunftsgestalter.de

Become a future designer:in a strong team! We will be happy to help you with any questions. Sign up with us! Silk Glienke HR Business Partner 07721 802 - 5976

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