Dynamic Risk Management Analyst
5 days ago
Commerzbank is a leading international commercial bank with a strong presence in almost 50 countries. Our team is dedicated to developing cutting-edge risk models, analyzing data, and collaborating on innovative solutions.
Job Description:- We are seeking a highly skilled Risk Management Analyst to join our team in Commerzbank.
About the Role:
The successful candidate will be responsible for:
- Developing, implementing, and maintaining group-wide risk models for credit, operational, capital requirements, and stress-testing.
- Implementing models in calculation kernels, including rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk, and Stress.
- Specifying and implementing rating tools and central risk applications used by front-end teams in the credit process or online applications.
- Calculating economic capital requirements, including credit portfolio models, AMA for OpRisk, business- and physical asset risk under stressed conditions.
- Basis calculation for risk provisions, especially 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 and management of the internal control system.
- Ensuring operational stability of IT-applications, optimizing IT-platforms, and minimizing manual processes.
- Tailor-made risk analysis, such as scenarios, impact analysis, Ad-Hoc requests, particularly for the management of the current COVID-19 crisis.
- Main contact for regulators, chartered accountants, and internal auditors concerning model development and implementation.
- Implementation of important regulatory and strategic initiatives, e.g., AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision, and streamlining of credit processes.
Requirements:
To succeed in this role, you will need:
- Advanced knowledge of SQL.
- A degree in economics, finance, accounting, econometrics, mathematics, or a related field.
- Strong analytical thinking with attention to details.
- English language proficiency at B2 level.
Preferred Skills and Qualifications:
Candidates with experience in SAS, Python, and basic knowledge of technical languages will be given preference.
Benefits:
We offer a range of benefits to support your career growth and well-being:
- Training budget.
- Lunch card.
- International projects.
- E-learning platform (mindtools).
- Free coffee.
- Bike parking.
- Shower.
- Modern office.
- No dress code.
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