Our client is a leading international financial institution with a strong presence in the EMEA region. With a broad platform and a clear growth agenda, the company offers a wide range of career opportunities across corporate finance, investment banking, advisory, and global capital markets. Professionals joining the firm can expect to work on diverse and high-impact projects, gaining valuable experience in a dynamic and globally connected environment.

The role is centered on supporting the effective oversight and maintenance of internal credit grading models within the established model risk management framework. Responsibilities include coordinating with global and local model owners, validators, auditors, senior management, and regulators to ensure models are properly developed, implemented, and monitored. The position contributes to the assessment of model performance, documentation, and governance, providing assurance that credit grading practices remain robust, compliant, and aligned with regulatory and organizational expectations.

• Support the effective management of local credit grading models by assisting the Head of Local Credit Grading Model Owner in the planning, execution, and documentation of all model-related activities in line with governance and model risk management standards

• Coordinate communication with key stakeholders—including senior management, global and regional model owners, model developers, users, validators, and auditors—to ensure transparency, alignment, and timely issue resolution

• Contribute to the ongoing monitoring of credit grading models by performing analyses, preparing documentation, and supporting timely completion of required assessments

• Maintain and enhance local Model Development Documents (MDDs) to ensure accuracy, clarity, and compliance with internal and regulatory expectations

• Support the remediation of findings raised by validators, auditors, and regulators by tracking corrective actions and assisting in validating the effectiveness of implemented solutions

• Assist in activities across the full model lifecycle, including attestations, change requests, user surveys, implementations, and decommissioning

• Enhance model risk management and governance processes by identifying improvement opportunities and strengthening documentation and control practices

• Approximately three years of professional experience as a model owner, model developer or model validator, preferably with a focus on credit risk models

• Strong familiarity with ECB, EBA and German regulatory requirements, including CRR3, Definition of Default, Loan Origination and Monitoring, and MaRisk

• High level of technical proficiency, including advanced skills in Excel, Word, PowerPoint and programming languages (R, Python, SAS), complemented by database experience (MS Access, SQL) and data visualization exposure (Power BI)

• Strong analytical and problem-solving capabilities

• Excellent communication and presentation skills, both written and verbal

• Flexible and hybrid working arrangements

• Private health insurance, including life and disability coverage

• Counseling and coaching services to support mental wellbeing

• Comprehensive learning and development programs

• Attractive compensation package

• Inclusive and diverse workplace culture