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

Job title: Business Expert with German – Risk Applications (m/f/d)

Together with your team you will be doing

• Maintain and further develop risk applications (e.g. credit reporting systems, operational risk tools)
• Collaborate closely with software developers and application users to translate business needs into technical solutions
• Conduct technical, business and data quality analyses
• Lead meetings and workshops with stakeholders
• Analyze risk management & regulatory requirements and turn them into changes in tools and processes
• Solve problems – from business & model-related topics to supporting technical fixes
• Manage and improve documentation of business requirements, guidelines and design goals
• Drive process improvements using agile methodologies

Which technology & skills are important for us?

• Master’s degree in Economics, Mathematics, Physics, IT or a related field
• Strong willingness to troubleshoot and resolve application-related issues
• Very good communication skills and stakeholder management
• Experience in project management (leading tasks or small projects)
• Professional experience in the financial industry, preferably in risk management
• Intermediate knowledge of technical languages (e.g. SQL)
• Very good command of English & German (min. C1)

Description of 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 competency 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

End note Note: This description contains information about the job and the organization and is intended for prospective applicants.