Business Expert

Which technology & skills are important for us? 

• Strong willingness to troubleshoot and resolve application related issues
• English B2/C1 level – it is our business language
• Batchelor degree in economics, mathematics, physics, IT or related field
• Have intermediate knowledge of technical languages like SQL
• Have basic knowledge of BI applications like Qlik
• Good acquaintance of MS Office tools – Excel and Word
• Have professional experience in financial industry, preferably within risk management/risk controlling or reporting area

 Join our team as a Business Expert - Risk Analytics

Below you can find more information about Commerzbank and cluster 
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:

Cluster Risk Models & Calculations 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 defence 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 centre 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. wrt 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

,[Maintenance & development of the risk applications (e.g. credit reporting systems, operational risk tool), Working closely with software developers and application users, Conduct technical, business and data quality analyses , Leading meetings with stakeholders, Analyzing risk management and regulatory requirements and implementing adjustments into the tool and processes, Solving problems (both business & model related, support technical fixes), Managing documentation of business requirements, application guidelines and design goals, Working on processes improvements using agile methodologies] Requirements: MS Office, Excel, SQL, BI, Qlik, risk management 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.

---