We are currently partnering with a Consultancy Client who is supportin a Commercial Bank based in Frankfurt to build out thier Credit Risk Validation function.

You will mainly be focused on the conception and implementation of validations in the credit risk environment (A-IRBA CRE rating procedure (PD, LGD, CCF), rating procedures for banks and states, credit portfolio model, IFRS 9, migration risks, etc.)

Howvever, while you focus will be on Credit Risk, there will likely be an opportunity to you always wanted to expand your skills in other areas (e.g. ICAAP, ILAAP, market risk, IRRBB, etc.)

Minimum requirements:

• 3 years experience within Model Validation
• Ideally experience with SAP, databases (especially SQL) or statistical software (e.g. R, Mathematica)
• Relevant Masters or PhD
• Must be Fluent in English and German

This will be a 6 month assignment to start, with the possibility to go permanent upon completion.