Join a successful, dynamic financial institution, being a top banking group in Austria and Central and Eastern Europe. With over 50.000 employees, they built their own unique culture that combines entrepreneurial commitment with personal life planning. To reinforce their multicultural team, we are now looking for a:

Credit Risk Manager

Vienna - English Speaking

Tasks & Responsibilities

  • Develop group-wide policy and methodology for retail credit risk models.
    • Credit scorecards, PD, LGD, ELBE and EAD parameter models, macro-economic models.
  • Form, calibrate and document credit risk models for retail portfolios with application in capital planning, IFRS 9 impairment and stress-testing for selected group subsidiaries
  • Interpret and transform the regulatory requirements for IRB and ICAAP compliance into applicable standards.
    • Support and oversight of the implementation of these standards
  • Report and present to Group Risk Committee the outcome of the model developments for the retail rating systems and models

Required background & experience

  • University degree in Mathematics, Statistics, Econometrics, Informatics or Economic sciences
  • Professional experience in risk management of a bank, financial institution or consultancy company with quantitative focus
  • Prior experience in the area of credit risk model development or validation
  • Strong programming experience with SAS or other statistical software;
  • Excellent English language skills, additional CEE language or German is a plus

Compensation & Benefits

  • Competitive salary range between 70.000€ and 80.000€ gross p.a. on permanent contract (depending on qualifications/can be extended)
  • Additional bonus scheme and benefits including lunch vouchers, transportation costs, selected discounts, and more...
  • State of the art learning and development opportunities

If you are interested in this challenging position, we encourage you to apply at ID number 80.554 preferably via our ISG career portal or by email.

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