Business Expert with German - Risk Applications (m/f/d)

Business Expert – Risk Analytics

Join our team as a Business Expert – Risk Analytics!

Responsibilities

• Maintenance & development of risk applications (e.g., credit reporting systems, operational risk tool)
• Work closely with software developers and application users
• Conduct technical, business and data quality analyses
• Lead meetings with stakeholders
• Analyze risk management and regulatory requirements and implement adjustments into the tool and processes
• Solve problems (both business & model related, support technical fixes)
• Manage documentation of business requirements, application guidelines and design goals
• Work on process improvements using agile methodologies

Requirements

• Master degree in economics, mathematics, physics, IT or related field
• Strong willingness to troubleshoot and resolve application related issues
• Very good communication skills
• Experience in project management
• Professional experience in financial industry, preferably within risk management area
• Intermediate knowledge of technical languages like SQL
• English & German C1 level

How?

Hybrid on Wersalska 6 street (Łódź)

About the cluster

Risk Models & Calculations cluster is responsible for:

• Development, roll‑out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress‑testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk.
• Implementation of models in calculation kernels (e.g., rating models, RWA‑calculation, C‑VaR, LGD‑Service, OpRisk and Stress).
• Specification and implementation of rating tools as well as other central risk applications – used mainly by own front‑ends in the credit process or in online applications.
• Calculation of the economic capital requirements (e.g., Credit Portfolio Model, AMA for OpRisk, business‑ and physical asset risk - incl. stressed conditions).
• Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime‑EL) and center of competence for Asset Backed Securities.
• IT solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system.
• Operational stability of the IT applications (e.g., incidents or delays) but also optimization of IT‑platform as well as minimization of manual processes.
• Tailor‑made risk analysis (e.g., scenarios, impact analysis, Ad‑Hoc requests) in particular for the management of the current COVID‑19 crisis. Professional response on customer requests.
• Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation.
• Implementation of important regulatory and strategic initiatives: e.g., implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.

What we offer

Development plans for employees, life insurance, flexible working hours, integration events and much more.