Requirements: English
Company: Michael Page
Region: Brussels , Brussels
Financial institution that offers services likesavings accounts, loans, and investment opportunities. Seniorquantitative officer Functieomschrijving - Conduct backtesting,maintenance, and further development of rating, PD, and LGD modelsused in the calculation of IFRS 9 Expected Credit Loss (ECL)provisions, in collaboration with external modeling partners -Contribute to the design and execution of simulations and stresstests on credit risk, interest rate risk (banking book), liquidityrisk, and capital adequacy, supporting business planning, ICAAP& ILAAP exercises, and ad hoc needs. Also responsible formaintaining and developing end-user stress testing tools. - Supportthe backtesting, maintenance, and enhancement of internal modelsrelated to prepayment risk for mortgage loans (CPR) andnon-maturity deposits (NMD). - Ensure proper implementation ofregulatory reporting requirements (e.g., COREP, including the CRR3standardized approach for credit risk), and perform regulardocumented quality controls on both regulatory and internal riskreports. - Collaborate closely with first-line stakeholders inCredit, ALM & Treasury, and Finance, ensuring effective datamanagement and accurate risk and regulatory reporting. Profiel -You have at least 10 years of hands-on experience in a financialinstitution, focusing on measurement, modeling, stress testing, andreporting of key financial risks in a retail banking environment. -You are analytical and quantitatively minded, with strong expertisein modeling techniques and solid knowledge of tools such as Excel,R, Python, Power BI, and SQL. - You have a deep understanding ofthe regulatory framework and reporting requirements related toretail credit risk, IRRBB/CSRBB, liquidity risk, and standardizedcapital requirements. - You are particularly familiar with creditrisk modeling (mortgage and investment loans) and the IFRS 9 ECLframework. - You can translate complex analyses and findings intoclear and actionable insights and communicate them effectively. -You are flexible and stress-resistant, able to handle multiple riskareas and collaborate across departments, contributing to theintegration and alignment of risk management within a broader riskgovernance framework. - You are fluent in both Dutch and French,written and spoken. Aanbod Attractive package