Our client, a leading global banking and financial services organisation, is seeking an experienced VP of Wholesale Credit Risk to drive the development and enhancement of their credit risk methodologies in Krakow. This is an exciting opportunity to play a crucial role in shaping the organisation’s risk management strategies and make a significant impact on their success.
Position Overview
The VP of Wholesale Credit Risk will lead the development and enhancement of PD, EAD, LGD, scoring models, and RWA/ECL calculation frameworks, ensuring robust data sourcing, model development, implementation, and execution support. This role is critical in providing strategic insights to senior management and driving improvements in risk management practices.
Responsibilities
- Lead credit risk methodology development for stress-testing and IFRS 9
- Develop and enhance PD, EAD, LGD, and scoring models
- Ensure robust data sourcing, model development, and execution support
- Design and execute impact analyses for RWA, EL, and other risk measures
- Oversee development and testing of complex programs and tools
- Collaborate with internal Independent Model Review team
- Lead execution of periodic IFRS9/ST regulatory exercises
- Manage internal processes related to credit risk methodologies
Requirements
- Minimum 8 years of credit risk analysis experience
- Proven track record in leadership roles
- Extensive exposure to credit model methodologies and data requirements
- Deep understanding of AIRB, IFRS 9, and stress testing modeling
- Strong database and credit risk systems experience
- Proficiency in Python, SAS, MS Excel/VBA, and SQL
- In-depth understanding of regulatory rules and model governance
- Relevant experience in banking, rating agencies, or consultancy
- Exceptional attention to detail and accuracy
- Ability to manage complex projects under tight deadlines
- Excellent communication and collaboration skills
- Fluency in written and spoken English
- Strategic mindset and ability to drive change
Benefits
- Long-term career growth in a global banking leader
- Professional development and training opportunities
- Comprehensive health care and insurance packages
How to Apply
If you have the skills and experience to excel in this role, please submit your CV highlighting your relevant qualifications to [email protected] with the subject line “VP, Wholesale Credit Risk – Application”.