Director - IFRS9 Model Expert (gn)

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.

This position offers an exceptional 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. It is ideally suited for candidates who combine deep technical expertise with a strong grasp of cross-functional collaboration and capital planning dynamics.

• Lead the development, enhancement, and maintenance of IFRS9 models (PD, LGD, EAD), ensuring full compliance with regulatory and internal governance standards

• Oversee the entire IFRS9 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 IFRS9 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 IFRS9-related topics in discussions with senior management, internal committees, auditors, and supervisory authorities

• Provide assistance to the ICAAP process by promoting consistency between IFRS9 results and capital adequacy assessments

• Track evolving regulatory developments and industry standards, translating them into practical updates to the IFRS9 framework

• Lead initiatives to elevate data quality, model documentation, and governance processes

• 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 IFRS9 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

• 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