Job Vacancy Quantitative Analyst - Credit Risk Modelling with Accreate Ltd

Quantitative Analyst - Credit Risk Modelling

Our Client is One of Ireland largest Financial Institutions with operation in Ireland and UK , Europe and United States.

The Role:

This role can be based in UK or Ireland and will be responsible for validating the credit risk models developed by the group's Polish subsidiary.  This is fantastic opportunity to develop a solid career within a dynamic environment!! You must be a fluent polish speaker.

The successful candidate will be a member of the Independent Model Validation team within Group Risk , the main objective being to provide assurance that the enterprise wide Credit risk are accurately measuring risk and can be relied on for key Business making decisions.

Responsibilities:

• Validating of credit risk probability of defaults, Loss Given defaults and exposure at defaults (PD, LGD and EAD)
• Challenging Credit Risk Models built to ensure their fit onto the Basel Framework.
• Undertaking the complex problem solving of rating methodologies and credit process as well as providing explanations and guidance on the applications of the banks methodologies to Group
• Risk and other business areas.

Requirements:

• Degree, Master or PHD in a numeric discipline. You will have strong Credit Modelling in a Basel II context (PD, LG & EAD).
• Strong Data Management
• Experience of interpreting and writing technical documentation.
• IT Literate - ideally programming skills (SAS preferably)
• Appreciation of current market methodologies

Remuneration:

Salary: 45-60k

For a confidential discussion on this role and other opportunities, please contact Hazel O'Reilly  at 01 5225 400 or e-mail Hazel directly.