• professional 46.800,- / senior level 60.000,-
  • Vienna, Wien, Austria
  • Permanent, Full time
  • Raiffeisen Bank International
  • 04 Apr 18

International business requires an international corporate philosophy. Are you open to new ideas and do you value cultural diversity? At Raiffeisen Bank International, we are pleased to have more than 14 million customers in 14 CEE countries. And our journey continues – with exciting new issues for us to tackle such as digitalisation and changing customer needs. Join us on our journey.

Experienced Retail Model Validation Manager (f/m)

The Retail Risk Validation Department is looking for a motivated and experienced Retail Validation Manager to support the activities of the department.
Retail Risk Validation is part of the International Retail Risk Division of RBI and is responsible for the validation of all types of retail credit risk models, including Pillar 1, Pillar 2 and IFRS 9 models, developed in the Raiffeisen Network Units or in RBI Head Office. It is also in charge of developing and continuously maintaining validation concepts and providing support for the Network in related regulatory projects (such as IRB roll-outs, TRIM examinations). It works in close cooperation with Retail Risk Analytics and Methodology Department and supports the development and Group-wide implementation of methodology concepts.

What you can expect:

  • Enhancement of existing as well as development of selected new validation concepts, management of the subsequent roll-out process to the Network, preparation of  supporting material, conduction of training and demonstration of program codes
  • Contribution to the maintenance of the Validation Policy framework for all types of retail credit risk models
  • Performing initial and periodic validations of all models of selected subsidiaries and monitoring compliance with validation conditions
  • Expert support activities in  the preparation of IRB roll-out of selected subsidiaries or similar regulatory projects
  • Proactively participation in the improvement of the model landscape of selected subsidiaries, Participation in their annual goal setting process, Negotiation and follow-up of the annual validation schedule
  • Preparation of presentations for senior management of validation results
  • Participation in related regulatory and audit examinations
  • Supporting activities in related strategic projects and activities in the RBI Group

What you bring to the table:

  • University degree in Mathematics, Physics, Economics or in a comparable field, with strong quantitative focus
  • At least 3 years of  professional experience (for senior level: 5 years; for expert level: 7 years) in risk management of a bank, financial institution or consultancy company
  • At least 3 years of practical experience with credit risk model validation or development, preferably in an IRB-compliant institution
  • Strong knowledge and practical experience with SAS or other statistical software
  • Excellent understanding of bank business model as well as deep know-how of credit origination and management processes
  • Excellent  knowledge of CRR and IFRS 9
  • Excellent command of English, knowledge of German language is an advantage
  • Very good communication, negotiation and presentation skills in a multinational environment
  • Excellent analytical and quantitative problem-solving skills
  • Ability to work collaboratively in a team environment
  • Ability to work effectively with people at all levels within an organization
  • Strong ability to manage multiple tasks simultaneously and prioritize work efforts

What we offer:

  • You’ll work in an international team at a leading bank
  • You’ll benefit from flexible working arrangements and determine your own work-life balance
  • You’ll benefit from the very latest in tailored professional development
  • You’ll earn an appropriate salary starting for professional level at Euro 46.800,- gross p.a. excluding overtime and from senior level at Euro 60.000,- gross p.a including overtime

RBI AG is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ethnicity, race or color, national origin, religion, political or other opinion, sex, sexual orientation or disability.The Retail Risk Validation Department is looking for a motivated and experienced Retail Validation Manager to support the activities of the department.

Vienna, Wien, Austria Vienna Wien AT