Contract Job Title: Vice President, Model Development II, Credit Rating Modeling
The incumbent at Credit Rating Modeling will contribute to models and non-models (collectively called Estimation Approaches) that make estimates which are key inputs to credit management decisions and are reported to Credit Officers on a regular basis. The role will be to execute corporate-wide standards for development, update and maintenance of the Estimation Approaches.
Department/Team overview:
Credit Rating Modeling (CRM) is a part of Risk Modeling and Analytics. CRM develops and maintains Estimation Approaches that produce credit ratings for the wholesale portfolio (Probability of Default ratings and Loss Given Default ratings). The group co-operates closely with Credit Officers, including senior Credit Risk Management, mostly form the USA but also EMEA and APAC. Corporate-wide standards for the Estimation Approaches are set by Model Risk Management Group (MRMG). CRM is required to abide by these rules and communicate with MRMG. Estimation approaches maintained by CRM are regularly audited by Internal Audit, but also regulators. CRM must be ready to report to them, when called.
Credit Rating Methodology employees enjoy task-based contracts. Most employees work primary in the CET time zone (9:00 AM – 5:00 PM), although to facilitate better coverage with Credit Officers from the USA, employees have flexibility to join ad-hoc calls in the evening.
This role is in Wroclaw (HYBRID)
Your role:
The incumbent as a member of the Credit Rating Modeling group will develop, update and monitor performance of the Estimation Approaches, which are used to assess creditworthiness of company's counterparties by:
As a successful candidate you will be given an opportunity to acquire and develop knowledge from related fields:
Qualifications:
Benefits
Our Client offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Permanent
Please be informed that the data controller is Hays Poland Sp. z o.o. (hereinafter "controller"). You have the right to ...more