LGD Model Consultant

1 month ago


Copenhagen, Copenhagen, Denmark Belmont Lavan Ltd Full time
Job Title: LGD Model Consultant

We are seeking a skilled LGD Model Consultant to join our team at Belmont Lavan Ltd. The selected candidate will play a crucial role in developing and validating LGD models that adhere to industry regulations and best practices.

Key Responsibilities:
  • Develop and validate LGD models in compliance with regulatory requirements and internal policies.
  • Conduct in-depth data analysis to inform model development, ensuring accurate and reliable outcomes.
  • Collaborate with cross-functional teams to ensure the integration of LGD models within broader risk management frameworks.
  • Prepare comprehensive documentation detailing the modeling approach, assumptions, and validation results.
  • Engage with external auditors and regulatory bodies during reviews and assessments.
  • Provide expertise and guidance on best practices for LGD modeling and risk assessment.
  • Support ongoing model maintenance and enhancements as needed based on data trends and regulatory changes.
Requirements:
  • Proven experience in developing and validating LGD models within financial services.
  • Solid understanding of credit risk principles and regulatory frameworks related to risk modeling.
  • Expertise in statistical modeling techniques using software tools such as SAS, R, or Python.
  • Strong analytical and problem-solving skills, with a keen attention to detail.
  • Excellent communication skills to convey complex concepts to stakeholders effectively.
  • A Master's degree in Finance, Statistics, Mathematics, or a related discipline.
  • Proficient in English, both written and verbal.

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