Junior Model Developer @

7 days ago


Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

Which technology & skills are important for us? 

  • Master degree with very good grades in mathematics, physics, econometrics or related fields
  • Very good mathematical-statistical skills as well as knowledge of the mathematical-statistical basis of model development (multivariate statistical methods, stochastic processes, etc.)
  • Sound knowledge of data modelling software and coding (Python, R or SAS), experience in analysis of huge data sets
  • Strong analytical skills and attention to details
  • English C1 level

Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.

Description of the cluster:
Risk Models & Calculations cluster is responsible for:

  • Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk.
  • Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress).
  • Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications.
  • Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions).
  • Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities
  • IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system.
  • Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes.
  • Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests) in particular for the management of the current COVID-19 crisis. Professional response on customer requests.
  • Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation.
  • Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.
,[Development and maintenance of AIRB/IFRS9 credit risk models (PD, LGD, CCF) for multiple portfolios or operational risk and climate risk models, Group-wide methodological responsibility for quantitative credit risk or operational and climate risk forecasting models, Forward-looking construction of a cross-functional methodology architecture, Estimation and optimization of separation power, quality of quantification and stability of forecasts and comprehensive uniform calibration on Basel compliant definition of default, Ensuring compliance with regulatory/accounting standard requirements (Basel / IFRS9 etc.) and EBA GL, Programming of prototypes for impact and scenario analysis in different programming languages (R, Python, SAS, SQL), Data preparation, statistical and empirical investigations, handling of very large amounts of data, their aggregation and evaluation, Preparation of technical specifications, presentations and documentation of quantitative credit risk forecasting models, Internal and external communication, including auditors, regulators, external partners and rating agencies] Requirements: Java, R, Degree, Statistical methods, Data modelling, Python, SAS, Analytical skills Tools: Confluence, GitHub, SharePoint, GIT, Agile, Scrum. Additionally: Sport subscription, Training budget, Private healthcare, Lunch card, International projects, E-learning platform (mindtools), Free coffee, Bike parking, Shower, Modern office, No dress code.

  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Which technology & skills are important for us? Bachelor degree or being at last years of master studies in statistics, econometrics, mathematics, or related fieldInterest in banking and economics, statistics, IT or related fieldGood acquaintance of MS Office tools – Excel and WordHave very good knowledge of R/PythonGood analytic thinking with...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    About CommerzBankCommerzbank is a leading international commercial bank with a presence in almost 50 countries. As a digital enterprise, we are committed to innovation and technological advancements.Risk Models & Calculations Cluster OverviewThe Risk Models & Calculations cluster plays a critical role in developing, rolling out, and maintaining group-wide...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    **Company Overview:** Commerzbank is a leading international commercial bank with a global presence, operating in almost 50 countries. As we continue to evolve into a digital enterprise, we are seeking talented individuals to join our team.**Job Description:** We are looking for an experienced Model Development Expert to join our Risk Models & Calculations...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Which technology & skills are important for us? Basic knowledge of PythonBasic knowledge of Machine Learning algorithmsBasic knowledge of MS SQL "Practice in Lodz – summer internships is a project organized as part of the "Youth in Lodz" program, whose aim is to enable students and graduates of Lodz universities to gain professional experience. The...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Commerzbank, a leading international commercial bank, is transforming into a digital enterprise. To support this journey, we are seeking an expert web developer to join our Risk Models & Calculations cluster.Company OverviewWe deliver internal and external APIs for credit rating, base-services for Commerzbank credit business, risk presentation for credit...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Which technology & skills are important for us? Basic knowledge of JS based frontend: React.jsBasic knowledge of JavaScript, HTML5, CSSBasic knowledge of Java 8+, object-oriented analysis and design, Spring FrameworkSource code tool, (e.g.: GIT)Development of Web Services REST/SOAP/XML/WSDLEnglish B2 level – it is our business languageNice to...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    About UsCommerzbank is a leading international commercial bank with a presence in almost 50 countries. We are leaving the traditional banking sector behind and embracing a digital transformation. This journey requires talented individuals who can help us navigate this exciting change.Job DescriptionWe are seeking an exceptional Data Science Intern to join...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Which technology & skills are important for us? Master's degree with very good grades in economics, econometrics, mathematics, or related fieldsVery good SQL skills with experience in analysis of huge data setsStrong analytical skills, proactive approach and interest in banking regulations (CRR, EBA GLs etc.)English C1 level – it is our business...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    CommerzBank is a leading international commercial bank with a global presence.We are leaving the traditional banking model behind and embracing digital transformation.As a Cloud Architecture Specialist, you will play a key role in conceptualizing, developing, and implementing our payment infrastructure architecture.You will work closely with our development...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Company Overview: Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries.We are leaving the traditional bank behind us and choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey.Sector: Cluster Trade Finance delivers fast, client-focused...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Good knowledge of Business analysisGood knowledge technical business workflow and data modelingPractical experience in transfer of business requirements into appropriate test scenarios and test casesUnderstanding of SOAP/REST interface specification  Join our team as a Business Analyst In your role as Business Analyst in Trade Finance you will be part of...


  • Łódź, Łódź Voivodeship, Czech Republic Hitachi Energy Full time

    Personal Characteristics:Ability to interact with the CDSe team, management and users – team player attitude.Orientation to deliver results on time and quality.Quick adaptation to changes in priorities and assigned tasks.Flexibility in working hours – adjust your daily plan to enable collaboration with people from other time zones.Degree in...


  • Łódź, Łódź Voivodeship, Czech Republic Hitachi Energy Full time

    About the RoleWe are seeking a highly skilled Thermal Domain Expert to join our team at Hitachi Energy. As a key member of our team, you will play a critical role in driving innovation and improvement in our power grid solutions.Job DescriptionCollaborate with our GLOMUS-TFD team to drive development of thermal solutions in reference to CDSe platform...


  • Łódź, Łódź Voivodeship, Czech Republic Antal Full time

    About the Role:We are seeking a Strategic Procurement Expert to join our team, bringing expertise in procurement processes and e-sourcing tools. The successful candidate will have strong negotiation skills, experience in client management, and fluency in English and German.Key Responsibilities:Establish and maintain relationships with suppliers, negotiating...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    **Company Overview**Commerzbank is a leading international commercial bank with a strong presence in almost 50 countries.We are a digital enterprise, constantly evolving to meet the changing needs of our customers and society.Our company culture values innovation, collaboration, and customer satisfaction.Sales Analytics ClusterThe Sales Analytics cluster is...


  • Łódź, Łódź Voivodeship, Czech Republic CommerzBank Full time

    Which technology & skills are important for us? Basic knowledge of visualization tools such as PowerBI, Looker Studio, or similar softwareBasic knowledge of SQLBasic knowledge of data analysis and reporting conceptsWillingness to learn about Qlik Sense PlatformStrong analytical and problem-solving skillsCurrently pursuing a relevant degree such as Computer...


  • Łódź, Łódź Voivodeship, Czech Republic Antal Full time

    A solid understanding of accounting principles and financial reporting.Previous experience in Record to Report processes.Proficient knowledge of SAP or similar ERP systems.Fluency in English and Spanish (minimum B2 level).Experience in year-end closing procedures and financial reporting.A degree in Accounting, Finance, or relevant courses would be an...


  • Łódź, Łódź Voivodeship, Czech Republic Antal Full time

    Experience or educational background in Procurement, Logistics, or Supply Chain.Fluency in French (C1) and English (B2).Strong communication and analytical skills.Customer-oriented mindset with a proactive approach.Excellent teamwork and collaboration skills.Ability to manage multiple and ad-hoc tasks efficiently.Ability to work under pressure and handle...


  • Łódź, Łódź Voivodeship, Czech Republic Antal Full time

    You are the right person for the role if you:Min. 4 years of experience in sourcing or procurement, with a preference for indirect category sourcing.Strong understanding of supply chain dynamics and procurement processes.Excellent negotiation skills and ability to engage effectively with suppliers.Proven experience in client management and maintaining strong...


  • Remote, Łódź, Czech Republic Digital New Agency Full time

    At our agency, we're dedicated to crafting innovative digital products that drive positive change.About the JobWe're seeking an experienced Lead Full Stack Developer to join our team and play a key role in shaping the future of our products.Company OverviewWe're a dynamic digital agency committed to using technology to make a lasting impact. Our team is...


  • Remote, Łódź, Czech Republic Antal Full time

    Min. Bachelor's degree in any field1-2 years of experience in an international or customer service environmentFamiliarity with Salesforce.com or other CRM tools is a plusFluent in German (C1) and good knowledge of English (B1)Experience working with ERP systems and proficiency in MS ExcelAbility to multitask, prioritize, and manage time...

  • Senior IT Analyst @

    5 days ago


    Warszawa, Gdynia, Gdańsk, Łódź, Czech Republic KUBO Full time

    Minimum 3 years of experience as an IT Analyst / Business Analyst.Knowledge of requirements management methods (BABOK, CPRE).Experience in IT and data-related fields (architecture, technologies).Nice to have: experience in banking, data privacy (GDPR), and security.Familiarity with OneTrust, TrustArc, Priverion, Wired Relations, Responsum is a...


  • Warszawa, Gdynia, Gdańsk, Łódź, Czech Republic KUBO Full time

    KUBO: Data Privacy Project ManagerAs a leading Scandinavian bank, KUBO seeks a skilled Senior IT Analyst to join our team. The ideal candidate will have experience in requirements analysis, process modeling, and working with data.Key Responsibilities:Define and Manage Requirements: Collaborate with stakeholders to gather key information, define requirements,...


  • Łódź, Warszawa, Gdańsk, Czech Republic Devire Full time

    Programming experience in SAP Business Technology Platform and available platform services.Strong knowledge of integration patterns, best practices, and industry standards.Hands-on experience designing, implementing, and supporting integration solutions using SAP Cloud Platform Integration tools.Experience with JavaScript/Groovy or any other OOP programming...


  • Remote, Łódź, Czech Republic Antal Full time

    Proficiency in English and German (B2 level, mostly written communication).2-3 years of experience in Supply Chain or Customer Service (manufacturing background is a plus).Bachelor's degree.Strong customer focus and proactive mindset.Excellent communication, organizational, and interpersonal skills.SAP knowledge is an advantage.Team-oriented approach. We...