Risk Analytics Expert

We are Commerzbank, a leading international commercial bank with a presence in almost 50 countries. Our journey is one of digital transformation, and we're looking for talented individuals to join us on this path.

The Cluster Risk Models & Calculations team is responsible for developing, implementing, and maintaining group-wide models for credit risk, operational risk, capital requirements, and stress-testing. We take ownership of model risk and work closely with regulators, chartered accountants, and internal auditors.

Our key responsibilities include:

• Development and implementation of models in calculation kernels, such as rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk, and Stress
• Specification and implementation of rating tools and other central risk applications used by Front-Ends in the credit process or online applications
• Calculation of economic capital requirements, including Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk under stressed conditions
• Basis calculation for risk provisions, particularly IFRS9 Stage Assignment and Lifetime-EL, as well as center of competency for Asset Backed Securities
• IT-solutions for recording, management, and calculation of operational risk, tools for internal control systems, and operational stability of IT-applications

In this role, you will be responsible for:

• Calculating, analyzing, and reporting risk figures for regulatory, economic, and accounting purposes (RWA, EL, IFRS9)
• Performing impact analyses on RWA using both IRB and STA methods, as well as loan loss provisions
• Implementing new requirements from business departments and regulators regarding risk figures calculation and reporting (e.g., CRR3, EBA GL, IFRS9)
• Being involved in the capital requirements reporting chain and ensuring data quality of inputs and outputs related to risk figures calculation

To succeed in this role, you should have:

• Strong analytical skills and a proactive approach
• Very good SQL skills with experience in analyzing huge data sets
• English C1 level - our business language

Nice to have:

• Experience with R/Python
• Experience with Agile/Scrum

We offer a range of benefits, including sport subscription, training budget, private healthcare, lunch card, international projects, e-learning platform, free coffee, bike parking, shower, and modern office facilities.