Quantitative Risk Manager - Stress Testing

04-11-2024
Marktconform
Medior, Senior
The Hague
NIBC Bank is looking for a Quantitative Risk Manager in our Modeling & Data Analytics team!

Job Description:

Support strategic decision making

  • Perform semi-annual bank-wide stress testing
  • Perform ad-hoc analysis to support business critical decisions

Modelling

  • Further develop and improve the Solvency and ESG stress testing framework
  • Proactively initiating methodological updates in response to changes in regulations as well as internal model landscape
  • Translating functional requirements into effective end-to-end implementation in Python

Communication

  • Be part of the internal Methodology Advisory Group, which is responsible for advising the Risk Management Committee on methodological developments
  • Take part in discussions with external stakeholders such as DNB, Internal Audit or external auditors
  • Regular liaison with Finance, ALM, Treasury, Corporate Development and various risk and IT teams
  • Knowledge sharing within the team and other stakeholders

Boundary spanning

  • Opportunities to take part in bank-wide projects that span over several knowledge domains and require effective communication at all organizational levels.
  • Help steering NIBC in the challenging and dynamic regulatory environment
  • Further modernize and optimize the credit risk modelling process, including tooling and methodology.

Your team

MDA provides an open, positive, and challenging environment via a broad range of activities and projects. The team is responsible for the bank-wide Solvency and ESG stress testing, regulatory and IFRS9 credit risk models, hedge accounting and counterparty credit risk modeling as well as has a leading role in the ongoing bank-wide transformational change programs. Within our diverse team, you will have the opportunity to make an immediate impact by playing a lead role in improving NIBC’s stress testing framework. You will have the opportunity to broaden your model development skills as well as closely collaborate with Finance, ALM, Treasury, Corporate Development and various risk and IT teams.

NIBC as employer

Founded in 1945 to finance the visionary entrepreneurs who helped rebuilding the Netherlands after the second World War, NIBC was closely collaborating while professionally supporting companies and individuals in realizing their dreams and goals with a sustainable future in mind. As a midsize bank with a multicultural working environment that is best described as dynamic and ambitious, we share a forward-thinking, can-do attitude with our employees and clients which we call our THINK YES mentality. Our corporate values are Professional, Adaptive, Collaborative and Entrepreneurial. You will have a direct and meaningful impact on both the bank and its clients. By building our company on optimism and mutual trust, and with our THINK YES mentality, NIBC is an enterprising bank that enables ambitions.

What’s in it for you?

  • A role giving you exposure to various internal and external stakeholders where you will get as much responsibility as you can handle.
  • Opportunity to make a difference and see the direct impact of your work. As a relatively smaller and dynamic firm, NIBC allows you to not only deepen your expertise but also to have a good grip of the bigger picture.
  • Be a member of a diverse international team (8 nationalities so far) where collaboration and teamwork are at the core.
  • A collegial environment where you can learn from the diverse experience of team members.

NIBC provides an ambitious environment in which together we strive to create a fantastic workplace and where you feel safe and challenged to be the best version of yourself. This is in line with Professional, Adaptive, Collaborative and Entrepreneurial, since you are in the lead of setting the PACE of your career at NIBC. In addition, you receive a competitive salary, plus:

  • Several ways to support your development personally and professionally, e.g.:
    • Personal development budget, to spend at your own discretion
    • Professional budget provided by your manager, to develop yourself in your work
    • In-house learning offering
  • NIBC embraces the Hybrid way of Working. This means that we support working from home while encouraging our colleagues to come to the office. NIBC's guideline is to spend at least half of the working time at the office;
  • Travel expenses or NS Business Card 1st class;
  • 32 vacation days (which do not have to be registered);
  • Excellent pension scheme (26% NIBC contribution);
  • A voucher to improve your home office;
  • The opportunity to take ownership and show initiative in your role. We are always open to new ideas, and encourage to use your voice;
  • The nature of our Grow to Make a Difference program enables you to be in charge of your own development;
  • Two staff associations: YoungNIBC and MyLeisure;
  • Vitality program, annual company-wide sports & leisure days;
  • Monthly internet allowance;
  • Laptop and a company phone;
  • Excellent facilities at the office (Coffeecorner, Restaurant, Exchange bar);
  • Last but not least, a fun workplace in which diversity and inclusion is valued.

Think YES if you…

  • Are a self-starter who thinks in the big picture with attention to detail
  • Have hands-on experience with stress testing or advanced financial budgeting & forecasting (must-have)
  • Have market or credit risk modelling experience (must-have), background in IRB or IFRS 9 modelling (preferable)
  • Have experience with risk and/or finance regulatory projects (preferable)
  • Are very confident with Python (must-have) and familiar with Matlab and SQL (preferable)
  • Have good communication skills (English)
  • Have a positive ‘can do’ mentality and no-nonsense approach

Application procedure 

We don't just want to get to know you, we also want you to get to know us. That's why there will be multiple interviews. We invite you to be curious and ask any questions you may have. An assessment is also part of the procedure. 

For more information about the procedure you may contact the HR Infodesk at askhr@nibc.com or give us a call at +31(0)70 3429669. For more information about the position please contact Dimitar Mechev at Dimitar.Mechev@nibc.com.

Solliciteren

Graag ontvangt NIBC je sollicitatie voor de functie van Quantitative Risk Manager - Stress Testing in The Hague via de sollicitatiebutton.

Direct solliciteren

Contactpersoon

 For more information about the procedure you may contact the HR Infodesk at askhr@nibc.com or give us a call at +31(0)70 3429669. For more information about the position please contact Dimitar Mechev at Dimitar.Mechev@nibc.com

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