Junior Model Developer @ CommerzBank
4 tygodni temu
Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.
Description of the cluster:
Risk Models & Calculations cluster is responsible for:
- Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk.
- Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress).
- Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications.
- Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions).
- Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities
- IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system.
- Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes.
- Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests) in particular for the management of the current COVID-19 crisis. Professional response on customer requests.
- Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation.
- Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.
Which technology & skills are important for us? 👌
- Master degree with very good grades in mathematics, physics, econometrics or related fields
- Very good mathematical-statistical skills as well as knowledge of the mathematical-statistical basis of model development (multivariate statistical methods, stochastic processes, etc.)
- Sound knowledge of data modelling software and coding (Python, R or SAS), experience in analysis of huge data sets
- Strong analytical skills and attention to details
- English C1 level
Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.
Description of the cluster:
Risk Models & Calculations cluster is responsible for:
- Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk.
- Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress).
- Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications.
- Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions).
- Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities
- IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system.
- Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes.
- Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests) in particular for the management of the current COVID-19 crisis. Professional response on customer requests.
- Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation.
- Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.
,[Development and maintenance of AIRB/IFRS9 credit risk models (PD, LGD, CCF) for multiple portfolios or operational risk and climate risk models, Group-wide methodological responsibility for quantitative credit risk or operational and climate risk forecasting models, Forward-looking construction of a cross-functional methodology architecture, Estimation and optimization of separation power, quality of quantification and stability of forecasts and comprehensive uniform calibration on Basel compliant definition of default, Ensuring compliance with regulatory/accounting standard requirements (Basel / IFRS9 etc.) and EBA GL, Programming of prototypes for impact and scenario analysis in different programming languages (R, Python, SAS, SQL), Data preparation, statistical and empirical investigations, handling of very large amounts of data, their aggregation and evaluation, Preparation of technical specifications, presentations and documentation of quantitative credit risk forecasting models, Internal and external communication, including auditors, regulators, external partners and rating agencies] Requirements: Java, R, Degree, Statistical methods, Data modelling, Python, SAS, Analytical skills Tools: Confluence, GitHub, SharePoint, GIT, Agile, Scrum. Additionally: Sport subscription, Training budget, Private healthcare, Lunch card, International projects, E-learning platform (mindtools), Free coffee, Bike parking, Shower, Modern office, No dress code.
-
Junior Model Developer @
4 dni temu
Łódź, Łódź Voivodeship, Polska CommerzBank Pełny etatCommerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in...
-
Junior Model Developer @
2 tygodni temu
Łódź, Łódź Voivodeship, Polska CommerzBank Pełny etatCommerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in...
-
Model Developer Position
13 godzin temu
Łódź, Łódź Voivodeship, Polska Commerzbank Gruppe Pełny etatCompany OverviewCommerzbank Gruppe is a leading international commercial bank with branches and offices in almost 50 countries. Our mission is to become a digital enterprise, leaving the traditional banking methods behind us. We work in inter-locational and international teamwork in agile methodologies.Job DescriptionWe are looking for a skilled Model...
-
Business Specialist
4 tygodni temu
Łódź, Polska CommerzBank Pełny etat📢 Join our team as a Business Specialist - Risk Analytics! 📢 Below you can find more information about Commerzbank and cluster 👇 Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are...
-
Senior Risk Specialist
4 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank AG Pełny etatJob SummaryWe are looking for a highly experienced Senior Model Validation Specialist to join our team at Commerzbank AG.Main Responsibilities:Validate complex risk models using advanced statistical/mathematical methods.Lead junior validators and ensure compliance with validation procedures.Develop and maintain validation methods and approaches.Presentation...
-
Data Scientist Vacancy
13 godzin temu
Łódź, Łódź Voivodeship, Polska Commerzbank Gruppe Pełny etatWhy Join Us?We are looking for talented individuals who share our passion for innovation and digitization.As a Model Developer at Commerzbank Gruppe, you will have the opportunity to work on challenging projects and contribute to the development of cutting-edge models and technologies.You will be part of a dynamic and interdisciplinary team that values...
-
Risk Model Developer
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank branch in Poland Pełny etatRisk Model DevelopmentAs a Risk Model Developer, you will be responsible for developing and maintaining risk models, ensuring compliance with regulatory standards, and communicating with stakeholders.Key responsibilities include:Developing and maintaining AIRB/IFRS9 credit risk models (PD, LGD, CCF) for multiple portfolios or operational risk and climate...
-
Risk Model Validation Expert
2 godzin temu
Łódź, Łódź Voivodeship, Polska TN Poland Pełny etatAbout the RoleWe are seeking a highly skilled Senior Model Validation Specialist to join our team at TN Poland. In this role, you will be responsible for independently performing complete validations according to the validation concept and supervising junior validators.Key ResponsibilitiesValidation of credit risk models, including PD, LGD, EAD, IFRS 9, CVaR...
-
Software Test Developer
6 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank Digital Technology Centre Poland Pełny etatCommerzbank Digital Technology Centre PolandWe are seeking a skilled Software Test Developer to join our team.About the ProjectAt Commerzbank Digital Technology Centre Poland, we strive to deliver high-quality software solutions for the banking industry. As a Software Test Developer, you will play a critical role in ensuring the quality of our software.We...
-
Credit Risk Modeling Expert
13 godzin temu
Łódź, Łódź Voivodeship, Polska Commerzbank Gruppe Pełny etatSalaryWe offer competitive salaries and a range of benefits to our employees.Job RequirementsWe are looking for a skilled Model Developer to join our team in Łódź. The successful candidate will be responsible for developing and maintaining group-wide models for credit risk, operational risk, capital requirements, and stress-testing.Development and...
-
Business Specialist- Risk Analytics @
4 dni temu
Łódź, Łódź Voivodeship, Polska CommerzBank Pełny etatJoin our team as a Business Specialist - Risk Analytics Below you can find more information about Commerzbank and cluster Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move...
-
Model Development Expert
4 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank AG Pełny etatKey ResponsibilitiesThe Model Developer role involves several critical tasks, including:Developing and maintaining complex credit risk models for multiple portfolios, as well as operational risk and climate risk models.Providing group-wide methodological leadership for quantitative credit risk or operational and climate risk forecasting models.Designing and...
-
Business Specialist
2 tygodni temu
Łódź, Łódź Voivodeship, Polska CommerzBank Pełny etatJoin our team as a Business Specialist - Risk Analytics Below you can find more information about Commerzbank and cluster Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move...
-
Senior Data Architect Role
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank AG Pełny etatA Software Developer position is available at Commerzbank AG, focusing on the development and maintenance of reports and dashboards within the Compliance Reports & Dashboards Cell. The ideal candidate will have a strong background in Python-based solutions, data architecture, and SAS scripting.Main responsibilities will include:Implementing and maintaining...
-
Software Developer
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank branch in Poland Pełny etatJob DescriptionWe are seeking a skilled Software Developer to join our team in the Compliance Department at Commerzbank Digital Technology Centre Poland. As a key member of our team, you will be responsible for developing and maintaining software solutions that support our global financial crime prevention platform.Your primary focus will be on working with...
-
Risk Management and Data Analyst
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank Gruppe Pełny etatAbout the RoleWe are looking for a highly motivated and experienced Commerzbank Risk Analytics Specialist to join our team. As a key member of our risk analytics department, you will be responsible for:Developing and implementing group-wide models for credit risk, operational risk, capital requirements, and stress-testingEnsuring model performance and...
-
SAS Developer Position
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank AG Pełny etatCommerzbank AG is a leading international commercial bank with global reach, looking for skilled professionals to join its team. The Global Financial Crime Prevention Platform cluster is responsible for providing a comprehensive IT platform for Transaction Monitoring and Customer Screening.This role focuses on supporting Compliance business processes through...
-
Senior Big Data Specialist
4 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank AG Pełny etatRole Summary: Database Solutions DeveloperWe are seeking an experienced Database Solutions Developer to join our team at Commerzbank AG. As a Database Solutions Developer, you will be responsible for developing products based on database technology running in the On-Premise or Cloud.About the Job:In your role as a Data Engineer, you will work in the Big Data...
-
Risk Analysis and Reporting Professional
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank Gruppe Pełny etatAbout UsWe are a dynamic team within Commerzbank Gruppe, responsible for developing and implementing group-wide models for credit risk, operational risk, capital requirements, and stress-testing. Our goal is to provide accurate and reliable risk assessments to support informed decision-making.Job ResponsibilitiesDevelop and implement group-wide models for...
-
Junior Software Architect
2 dni temu
Łódź, Łódź Voivodeship, Polska Commerzbank branch in Poland Pełny etatAs a Fullstack Engineer at Commerzbank branch in Poland, you will be responsible for designing, developing, and implementing frontend frameworks using Javascript, React JS, TypeScript, and SQL-based software solutions.The Job Description**Job Summary**: We are seeking an experienced Fullstack Engineer to join our team and contribute to the development of...