Senior Credit Risk Modelling Specialist

13 hours ago


Copenhagen, Copenhagen, Denmark Belmont Lavan Ltd Full time
Job Description

We are seeking an experienced Senior Credit Risk Modelling Specialist to join our team at Belmont Lavan Ltd for an 8-month contract.

Company Overview:

BELMONT LA VAN LTD is a leading provider of innovative solutions in the financial industry. We are committed to delivering high-quality services that meet the evolving needs of our clients.

Job Title: Senior Credit Risk Modelling Specialist (20 hours per week)

Salary: $120-$150 per hour

Job Responsibilities:

  • Lead Model Development and Validation: Develop and validate Internal Ratings-Based (IRB) models, ensuring compliance with local and international regulatory requirements.
  • Data Analysis: Conduct data analysis to support model development, utilizing statistical techniques and software such as SAS, R, or Python.
  • Stakeholder Collaboration: Collaborate with stakeholders to ensure that model outputs are adequately interpreted and utilized in credit risk assessments.
  • Ongoing Maintenance: Provide ongoing maintenance and enhancement of existing IRB models based on evolving regulatory guidelines.
  • Documentation and Reporting: Develop comprehensive documentation and reports detailing model methodologies, assumptions, and validation results.
  • Training and Best Practices: Assist in training team members and promoting best practices in model risk management.
  • Auditor and Regulator Engagement: Engage with external auditors and regulators as needed during assessments and reviews.

Requirements:

  • Proven Experience: Proven experience in developing and validating IRB models within financial institutions.
  • Regulatory Knowledge: Strong understanding of the regulatory environment related to credit risk and capital requirements.
  • Statistical Expertise: Expertise in statistical analysis and modeling using tools such as SAS, R, or Python.
  • Analytical Skills: Excellent analytical skills and attention to detail, with a structured problem-solving approach.
  • Communication Skills: Ability to communicate complex concepts clearly to stakeholders at all levels.
  • Educational Background: A Master's degree or higher in Finance, Statistics, Mathematics, or a related field.
  • Language Skills: Strong English language skills, both written and verbal.


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