Save Job Back to Search Job Description Summary Similar Jobs Updated on 07/05/2025Financial institution that offers services like savings accounts, loans...Senior quantitative officerAbout Our ClientFinancial institution that offers services like savings accounts, loans, and investment opportunities.Job DescriptionConduct backtesting, maintenance, and further development of rating, PD, and LGD models used in the calculation of IFRS 9 Expected Credit Loss (ECL) provisions, in collaboration with external modeling partnersContribute to the design and execution of simulations and stress tests on credit risk, interest rate risk (banking book), liquidity risk, and capital adequacy, supporting business planning, ICAAP & ILAAP exercises, and ad hoc needs. Also responsible for maintaining and developing end-user stress testing tools.Support the backtesting, maintenance, and enhancement of internal models related to prepayment risk for mortgage loans (CPR) and non-maturity deposits (NMD).Ensure proper implementation of regulatory reporting requirements (e.g., COREP, including the CRR3 standardized approach for credit risk), and perform regular documented quality controls on both regulatory and internal risk reports.Collaborate closely with first-line stakeholders in Credit, ALM & Treasury, and Finance, ensuring effective data management and accurate risk and regulatory reporting.The Successful ApplicantYou have at least 10 years of hands-on experience in a financial institution, focusing on measurement, modeling, stress testing, and reporting of key financial risks in a retail banking environment.You are analytical and quantitatively minded, with strong expertise in modeling techniques and solid knowledge of tools such as Excel, R, Python, Power BI, and SQL.You have a deep understanding of the regulatory framework and reporting requirements related to retail credit risk, IRRBB/CSRBB, liquidity risk, and standardized capital requirements.You are particularly familiar with credit risk modeling (mortgage and investment loans) and the IFRS 9 ECL framework.You can translate complex analyses and findings into clear and actionable insights and communicate them effectively.You are flexible and stress-resistant, able to handle multiple risk areas and collaborate across departments, contributing to the integration and alignment of risk management within a broader risk governance framework.You are fluent in both Dutch and French, written and spoken.What's on OfferAttractive packageContactMarion BertonciniQuote job refJN-032025-6703237Job summarySectorBanking & Financial ServicesSub SectorQuantitative AnalysisIndustryFinancial ServicesLocationBrussels CityContract TypePermanentConsultant nameMarion BertonciniJob ReferenceJN-032025-6703237
