Credit Model Consultant

You and your job

As a Credit Model Consultant in Strategy & Oversight team, you are responsible for overseeing the credit model landscape of Rabobank from a variety of angles, ranging from model strategy to regulatory and economic capital. You get energy from engaging with a diverse set of stakeholders and have discussions around model scope, capital add-ons, and model change notifications. Additionally, you are responsible for drawing up communication materials for interactions with Rabobank’s senior management (including Managing and Supervisory Boards) and the regulator (Joint Supervisory Team and European Central Bank).  

Practical Examples

• Coordinate discussion around model scope which lead to mutually exclusive partitioning of the model landscape
• Be the gatekeeper for model change notifications to the regulator
• Prepare regular reporting on the performance of credit risk rating systems, as part of Credit Risk Control Unit   

Facts & Figures

• 36 or 40 hours per week
• Part of Tribe Credit Analytics which employs around 700 colleagues from a wide range of backgrounds and countries
• 43,822 Rabobank colleagues around the world

Top responsibilities

• Drive credit model strategic decisions in line with the risk appetite and capital targets of Rabobank
• Prepare monthly/quarterly communication material to senior management and the regulator that provides updates on model redevelopments and implementation
• Oversee and challenge the capital add-ons, that are imposed to mitigate deficiencies in credit risk rating systems, from regulatory and economic perspective  

Together we achieve more than alone

We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at Strategy & Oversight under broader Credit Model Methodology & Strategy Team of Tribe Credit Analytics.

The six people in Credit Model Strategy & Oversight Team are responsible for overseeing the credit model landscape of Rabobank and the internal and external communication around it. Working together is the way we work; as 1 effective, results-driven, expert team at Rabobank. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,5000,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.

You and your talent

You are good at connecting dots, and you know when to dig deep and when to zoom out. You can process large amount of information and produce actionable insights. In addition to that, you:

• Hold a master’s or PhD degree in a relevant area such as Economics, Econometrics, Finance, Actuarial Sciences or a comparable field;
• Possess at least 3 years of experience in banking, supervision or consulting in the field credit risk;
• Have sound knowledge of credit risk parameters, regulatory capital modelling/calculation, credit risk management and the landscape that Rabobank operates in;
• Are an independent thinker with a creative and proactive mindset, but you also value collaboration and demonstrate strong teamwork skills, with a focus on delivering feasible solutions;
• Are capable of driving discussions involving different stakeholders with different viewpoints and priorities;
• Are not afraid to dive into technical and/or regulatory material and know your way around;
• Have strong communication skills in technical and non-technical environments;
• Have an excellent command of English;
• Previous experience with regulator is a plus.

This is what we offer you

• Gross salary between € 4718 and € 6741 per month (scale 10)
• Thirteenth month salary and holiday pay
• An extra Employee Benefit Budget (11% of your monthly salary) to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out
• A pension scheme, to which you have the choice to contribute 3.5% or 5.5%

This is a selection of the terms of employment for a Credit Model Consultant based on a 36 hour working week. You can find all terms of employment on rabobank.jobs/en/conditions-of-employment.

You and the job application process

Are you ready to join Strategy & Oversight team as Credit Model Consultant and make a difference to yourself, our customers and to society? We look forward to receiving your application.

Good to know:

• Questions about the position can be directed to Federico Bettin at federico.bettin@rabobank.nl.
• Maaike Koster, recruiter, would be happy to answer your questions about the application and hiring process at maaike.koster@rabobank.nl.
• Your privacy is important to us. If you would like to find out more about this, please click on this link.
• A security check is part of the process.
• You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
• Everyone is different, and it is exactly those differences that help us become an even better bank. That's why we want to know who you really are!