Director IFRS 9 Model Expert (gn)
For our client, a leading global universal bank with its European headquarters in Frankfurt, we are currently looking for a Director - IFRS 9 Model Expert (gn) to strengthen the Team.
This position offers the opportunity for an experienced credit risk leader to take ownership of the bank’s IFRS 9 framework. With responsibility spanning model development, validation, and integration, the Director will play a pivotal role in enhancing the accuracy and governance of credit risk provisioning. Beyond technical oversight, the role contributes strategically to aligning risk methodologies with regulatory expectations and the bank’s overall risk appetite.
Tasks
* Lead the development, enhancement, and maintenance of IFRS 9 models (PD, LGD, EAD), ensuring full compliance with regulatory and internal governance standards
* Oversee the entire IFRS 9 process, including calibration, validation, implementation and continuous performance monitoring
* Work cross-functionally with Finance, Risk Analytics, IT, and Validation to drive the seamless deployment and maintenance of IFRS 9 models within the bank’s risk and finance systems
* Ensure IFRS 9 methodologies are in harmony with the bank’s credit risk strategy, risk appetite, and capital and stress testing frameworks
* Act as a subject matter expert on IFRS 9-related topics in discussions with senior management, internal committees, auditors, and supervisory authorities
* Provide assistance to the ICAAP process by promoting consistency between IFRS 9 results and capital adequacy assessments
* Track evolving regulatory developments and industry standards, translating them into practical updates to the IFRS 9 framework
* Lead initiatives to elevate data quality, model documentation, and governance processes
Requirements
* 10+ years of experience in credit risk management, with proven expertise in IFRS 9 model development and governance
* Advanced degree in a quantitative field such as Finance, Economics, Statistics or Mathematics
* Deep knowledge of credit risk modeling techniques and familiarity with regulatory expectations (e.g., ECB, EBA)
* Proven expertise in managing IFRS 9 frameworks in a bank or a financial institution
* Highly developed project management and stakeholder engagement skills, with the ability to lead cross-functional initiatives
* Proficiency in programming and analytics tools (e.g., Python, R, SAS, SQL) is valued as a key asset
* Exceptional communication skills and the ability to present technical content to executives and non-technical stakeholders