pJoin the Model Development Unit in Retail Credit Risk to design and monitor risk models for retail portfolios. You will work on AIRB and IFRS9 models for Mortgage and Consumer Lending, supporting regulatory interactions and model governance. The role spans the full model lifecycle—from development to production deployment and validation responses. You’ll collaborate with internal teams and regulators to ensure robust, compliant risk parameter modeling and impactful business decisions. This position offers a chance to shape risk practices in a digital, international bank with a strong focus on continuous learning. /pulliFlexible Lavoro da remoto /liliCompetitive base salary and performance-based bonuses /liliHealth insurance and accident insurance /liliPension fund and welfare plan /liliTraining and development opportunities /liliBirthday day off (#doyourbirthday) /liliLead development, maintenance and monitoring of AIRB and IFRS9 models for Mortgage and Consumer Lending portfolios /liliDevelop PD, LGD and EAD models under AIRB; IFRS9 risk parameter models for Mortgages and Consumer Lending /liliEnsure compliance with ECB,



EBA and Group model risk management requirements; support approvals and regulatory inspections /liliMonitor model performance via backtesting and implement corrective actions /liliDefine action plans to address validation findings and regulatory feedback /liliSupport implementation and production deployment including test strategy and result verification /liliCollaborate with Internal Validation, Audit, ECB ensuring timely adoption of recommendations /liliPerform ad-hoc analyses (impact, sensitivity) for forecasting, new products, and model changes /liliIntegrate models into business processes and promote knowledge sharing across the organization /liliAct as change agent to promote advanced risk modeling practices /liliStrong experience in credit risk modelling within banking environments /liliProven experience in AIRB and/or IFRS9 methodologies (PD, LGD, EAD) /liliGood understanding of ECB and EBA requirements related to IRB and IFRS9 /liliExperience with Validation, Internal Audit and regulator interactions is a plus /liliKnowledge of Mortgage and Consumer Lending portfolios preferred /liliTechnical proficiency in data management and modeling tools (SAS, Python, MATLAB) /liliStrong collaboration with IT, Data Management, Finance, etc. /liliProven team coordination, time management and organizational skills /liliFluent in English (written and spoken) /liliMinimum 4 years in IRB/IFRS9 model development/validation for retail portfolios /liliSolid background in quantitative risk modelling and regulatory compliance /li /ul #J-18808-Ljbffr

📌 Credit Risk Model Developer (IRB & I (Cusano Milanino)
🏢 Experteer Italy
📍 Cusano Milanino