Model risk analyst

At a glance

Are you a strong analyst with an entrepreneurial mind? The Model Risk Management Oversight team at ABN AMRO is looking for individuals like you! If you thrive on analytical work that makes a difference and seek a dynamic, challenging role packed with steep learning opportunities, this is your chance.

Your job

At ABN AMRO, you’ll have the unique opportunity to further expand your expertise and knowledge. As a Model Risk Analyst, you will become an expert in model risk management, understanding the intricacies of related risks. Our team is dedicated to managing the bank's model risk in the most effective way, and we value analysts who are eager to share their personal and professional stories.

Managing model risk comes with its own set of challenges - identifying, measuring, and advising on the potential risks associated with finacial risk models and non-financial models. To overcome these challenges, you’ll need to engage in continuous learning, hone your communication skills, manage a wide field of stakeholders and apply analytical techniques.

Join us in achieving your goals and developing yourself both professionally and personally. We can’t wait to hear your story!

Working environment

ABN AMRO is at the forefront of leveraging models for regulatory compliance and innovation, applying them across all facets of the bank including credit risk, market risk, operational risk, liquidity risk, financial economic crime etc. These sophisticated models harness market and client data to predict behaviors and risk profiles, and are also pivotal in pricing, portfolio management and various innovative solutions. The Model Risk Management department plays a critical role in overseeing and managing model risk, validating models, and supporting the entire model life cycle, including control and reporting. The Model Risk Management Oversight team works closely with multiple departments to ensure effective model risk management and provides essential support to Model Validation. Comprising around 75 specialists from diverse backgrounds, the department fosters a collaborative, dynamic, and committed team environment dedicated to excellence.

Your profile

• University degree at least at Master level, preferably in a quantitative discipline, e.g. (financial) mathematics, (theoretical) physics, econometrics or similar.
• At least 4 years relevant work experience preferably in a risk management role in the financial industry.
• Good understanding of (risk) modelling, (model) risk management and the use of models.
• Good knowledge of regulatory requirements regarding model risk management and (risk) modelling.
• Strong analytical and problem solving skills.
• Able to work independently.
• Good communication skills to a wide range of stakeholders.
• Proactive attitude.
• Able to manage deadlines while delivering high quality work.
• Full business proficiency in English.

We are offering

• The gross monthly salary displayed above is based on a 36-hour work week, including vacation pay and benefit budget. This salary is based on scale 10, the options are between scale 9 to 11 depending on your seniority. 
• The Benefit Budget is 11% of your salary. The Benefit Budget allows you to acquire additional employment benefits. If you make no purchases or reservations in the Benefit Shop in a given month, you are paid one twelfth of your Benefit Budget that month.
• Five weeks of vacation per year. You have the option to purchase an additional four weeks per year.
• Personal development Budget of € 1,000 per year, which you can accumulate up to € 3,000.
• Possibility to work from home (in consultation with your team and depending on your position).
• An annual public transport pass with free public transportation throughout the Netherlands.
• An excellent pension scheme.

Interested?

Are you interested? Please apply online. For more information you can contact Senne Achterberg (senne.achterberg@nl.abnamro.com).

We look forward to meeting you.

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.