Our client is a well-established international bank with a decades-long track record of operating across global markets. Present in multiple regions, the institution combines organisational agility with the scale needed to drive sustainable impact for clients and communities alike. With a strong commitment to responsible banking, inclusion, and long-term value creation, the firm offers professionals the opportunity to work within a purpose-driven culture.

The role is responsible for leading the development and ongoing enhancement of quantitative risk models across credit risk and treasury functions. Furthermore, the position ensures full compliance with local regulatory requirements while aligning model outputs with both business needs and group-wide standards. The incumbent acts as the central point of expertise across internal stakeholders and regulatory bodies, driving model quality, governance, and innovation.

• Oversee and drive the design and build of a comprehensive suite of quantitative risk models, covering credit risk, treasury, liquidity, and stress testing across the relevant legal entities.

• Take ownership of model quality and regulatory alignment, ensuring the stress testing framework and all related models consistently satisfy applicable supervisory standards.

• Foster and sustain productive relationships with internal governance functions and external regulatory authorities involved in the review and sign-off of risk models.

• Evaluate available data and system capabilities to determine the most effective modelling solutions, while keeping both regulatory expectations and business requirements in focus.

• Regularly assess model performance and translate findings, user input, and regulatory feedback into concrete model enhancements.

• Serve as a key point of contact for stakeholders at both group and local level, bridging credit risk, treasury, and business functions.

• Take responsibility for ensuring that model results are operationally relevant — supporting financial reporting obligations, day-to-day business decisions, underwriting processes, and risk governance.

• Represent the organisation in relevant industry forums and contribute constructively to ongoing regulatory dialogue.

• Academic background in a quantitative discipline, such as Mathematics, Physics, or Engineering.

• Minimum of 10 years of hands-on experience in developing wholesale credit risk models.

• In-depth knowledge of regulatory frameworks and requirements governing IRB model development, as set out by relevant European supervisory authorities.

• Comprehensive benefits package including company-funded retirement savings as well as medical and life insurance coverage, complemented by additional flexible and voluntary benefit options.

• Generous time-off policy encompassing annual leave, extended parental/maternity leave, the possibility of a long-term sabbatical, and dedicated volunteering days — with a combined minimum of 30 days of annual and public holiday.

• Flexible working arrangements that accommodate both remote and on-site work, with adaptable working patterns to suit individual needs.

• A strong focus on employee wellbeing, supported by access to digital wellbeing tools, resilience and personal development programmes, an Employee Assistance Programme, and a range of mental health resources.

• A culture of continuous learning with structured opportunities to reskill and upskill through a variety of physical, virtual, and digital formats.

• An inclusive, values-driven environment that embraces diversity across all teams, functions, and locations — where every individual feels valued and is empowered to reach their full potential.