Junior Model Developer

📢 Join our team as a Junior Model Developer! 📢

Together with your team You will be doing 👇

• 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

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

How?

📌 Hybrid on Wersalska 6 street (Łódź)

Below you can find more information about Commerzbank

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.

What we offer? 🥳

Of course, we offer Development Plans for employees, Life insurance, flexible working hours, integration events and much more 😎