Senior Credit Risk Consultant/Manager

Location Relocation to Brussels

Salary 150-200 PLN net+VAT/h

Contract type B2B

Region / State / Province Polska

Offer description

Location: Brussels (Belgium) - relocation required for 3 to 6 months (accommodation costs are 100% covered by the client)

Start: ASAP (planned start within 2 weeks of profile approval)

Form of cooperation: B2B with ITFS

Rate: PLN 150 - 200/h + VAT (depending on the position level: Senior Consultant or Manager)

Recruitment process: Short phone call with an ITFS recruiter -> Technical interview -> Technical interview with the target client -> Decision

Responsibilities

Design, development, and validation of advanced credit risk models,

Calibration and implementation of risk parameters within the IRB internal ratings approach (PD, LGD, CCF),

Ensuring full compliance of the built models with the financial reporting standards IFRS9 and the latest supervisory guidelines (EBA/ECB),

Designing and conducting backtesting (Backtesting), model stability analyses (PSI), sensitivity tests, and stress tests (Stress Testing),

Creating and Updating complete, rigorous methodological documentation for the regulator,

Coordinating the project stream, providing substantive supervision of junior analysts, managing relationships with key stakeholders on behalf of the Belgian bank, and reporting on the work status to the steering committee (responsibilities for the Manager level).

Requirements

Minimum 4-5 years of experience for Senior level or min. 5 years of experience at the Manager level in credit risk modeling or validation in the banking or advisory sector (FSRM),
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Practical, in-depth knowledge of the IRB regulatory framework and the IFRS9 standard, with particular emphasis on estimating reserves and ECLs,
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Proficient knowledge of programming environments used for advanced risk data analytics, such as SAS, Python, or R, and advanced knowledge of SQL,
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Proven experience in model backtesting and input data quality analysis,
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Willingness to relocate to Brussels for a period of 3 to 6 months,
Fluent English at a minimum level of C1, allowing you to work comfortably in an international business environment and create technical documentation.

Nice to have:

Knowledge of French or Dutch/Flemish,

International certificates confirming knowledge of risk management, such as FRM or PRM.

We offer

Access to a medical and sports package,
Access to free accounting services (up to 3 entries per month),
Work on an interesting and developmental project,
Transparent terms of cooperation in a company with a reliable and stable market position.

Project ID number: P3456