Junior Credit Risk Model Owner Non-retail


At a glance

We are looking for an additional colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight department (MO&R). Within the MO&R department, our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models and economic capital credit risk models. The team is comprising of two sub-teams, focusing on program lending ("Retail") and non-program lending ("Non-Retail") portfolio respectively. You will be working in the Non-Retail team.

Your job

You have the opportunity to join the Model Ownership team. The team facilitates all necessary activities for Credit Risk Models, including Climate and Environmental Risk (CER) aspects, accepting accountability and ensuring the model lifecycle is properly followed. The team is accountable for pillar I and economic capital credit risk models; keeps oversight on the design, key decisions, internal and regulatory approval, implementation, use, monitoring and decommissioning of the Credit Risk Models under its mandate. The models owned are used for regulatory and economic capital calculation, risk based decision making, portfolio management, pricing, CER assessment and multiple other uses. During the entire model life cycle your role will either lean towards formulating opinions on the quality of models, initiating discussions on necessary changes, or reporting on the state of affairs of the models. You will help Credit Risk in its role to keep oversight and control on the entire credit risk balance of ABN AMRO.

Working environment

The MO&R department comprises of three teams and a total of approximately 25 FTE's, focusing on the ownership of pillar I and economic capital capital credit risk models and ensuring the correct calculation and oversight of RWA for credit risk. MO&R is part of the Credit Risk division, which forms the 2nd Line of Defense of Credit Risk Management.

The Model Ownership team works closely with the departments responsible for developing and maintaining models (Modelling Data, Risk Modelling, Regulatory Model Management, Model Validation), implementing the models (several GRID's), the business lines using the models deployed and supervising authorities such as the Dutch National Bank and the European Central Bank. To ensure the set-up of a proper model landscape, the execution of a sound model lifecycle process and the appropriate use of models, you will work closely with several subject matter experts from other departments including Modelling, Model Validation, Model Risk Management, IT, Operational Risk Management & Control.

Within the MO&R department, professionals can grow and develop further. We appreciate when you actively contribute to improving the way of working. Different views are valued and respected, and it is encouraged to provide a new perspective. The atmosphere is open and informal and we are willing to help eachother.

Your profile

You are a great candidate to become our new colleague, if you meet the following description:

  • Do you have an academic education in a relevant field ?
  • Are you a fast thinker that can work on detailed questions as well as overarching challenges ?
  • Do you have 0-3 years working experience in a relevant position ?
  • Are you knowledgeable or interested in the context of CRD/CRR framework?
  • Do you have sufficient knowledge or are willing to learn about credit risk model related regulations?
  • Are you able to explain the main concepts of credit risk model design and underlying data and their application to stakeholders?
  • Do you have excellent communication skills, especially in writing? (fluency in English is required)
  • Are you looking forward to stakeholder management discussions?
  • Do you shou pro-activity and can you steer discussions?

We will evaluate candidates based on their individual qualities and their added value to the skills, knowledge and diversity of the team

We are offering

  • The opportunity to be the best you can be, work flexible hours and lots of room to grow both personally and professionally
  • A salary in pay scale 8 to 9, depending on your experience and on our assessment of your expertise and qualifications
  • A personal development budget of EUR 1.000 per year
  • An annual public transportation pass
  • A solid pension plan


If you are interested in this position, please apply via the apply button.

Reach out to us via email (gennaro.ferreras.velasco@nl.abnamro.com) to learn more about this position.

Employment agencies are requested to not reply to this vacancy

Equal opportunities for all

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.

Disclaimer external recruitment agencies

External recruitment agencies need to have a signed agreement with ABN AMRO BANK N.V., executed by a Talent Acquisition Specialist, when submitting a resume to a vacancy. No unsolicited services or offers, please.

Vacature informatie

Organisatie: ABN AMRO

Locatie: Amsterdam

Opleidingsniveau: WO