Credit risk quant (Munich)

Our client is a leading specialist bank for investments in
commercial real estate and public infrastructure projects in Europe
and the USA. They have branches in Germany, France, UK, Sweden,
Spain and the USA. Having done restructuring in the Risk Department
and are looking for strong risk management professionals. Job
Responsobilities: Validation of internal rating models for the
forecasting of default probabilities (PD) and loss ratios (LGD) in
commercial real estate financing and in public sector financing
taking into account regulatory rules for the IRBA and for IFRS9
Preparation of validation reports and coordination of validation
results and recommendations for action with the affected areas in
the pbb Supervision of projects for new or further development of
rating models by creating initial validations Collaboration in
projects to further develop and standardize cross-model validation
rules and methods Representation of validations in audits by the
ECB, Internal Audit and the Auditor Your Profile: Successfully
completed university studies in physics, mathematics or economics,
or comparable education / vocational training with a quantitative
background Strong analytical skills and sound experience in data
preparation and analysis with programming languages ​​or
statistical software (ideally SAS) Experience with the development
and/or validation of PD and LGD rating models Good knowledge of
relevant regulatory requirements Good knowledge of counterparty
risk profiles and structures and real estate and public sector
finance transactions Business fluent German and English