IRB Model Expert Consultant 20 hours per week

1 month ago


Copenhagen, Denmark Belmont Lavan Ltd Full time

JR-37691 - English(Proficient)

IRB Model Expert Consultant (8 Month Contract)

Belmont Lavan Ltd is seeking an experienced IRB Model Expert Consultant to join our team for an 8-month contract. This position will involve working closely with financial institutions to develop and enhance Internal Ratings-Based (IRB) models compliant with regulatory standards.

Key Responsibilities:

  • Lead the development and validation of IRB models, ensuring compliance with local and international regulatory requirements.
  • Conduct data analysis to support model development, utilizing statistical techniques and software.
  • Collaborate with stakeholders to ensure that model outputs are adequately interpreted and utilized in credit risk assessments.
  • Provide ongoing maintenance and enhancement of existing IRB models based on evolving regulatory guidelines.
  • Develop comprehensive documentation and reports detailing model methodologies, assumptions, and validation results.
  • Assist in training team members and promoting best practices in model risk management.
  • Engage with external auditors and regulators as needed during assessments and reviews.

Requirements:

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

Requirements

Required Qualifications:
  • Experience in developing and validating IRB models
  • Strong understanding of regulatory requirements related to credit risk
  • Proficiency in statistical analysis tools (SAS, R, Python)
  • Excellent analytical and communication skills
  • Master’s degree in a relevant field
  • Strong English language skills


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