Team Lead Model Validation
As a Team Lead for AIRB Models, you will help bring model validation and model governance within DLL to a higher level. The team will be looking for your guidance and vision on the validation of the DLL Future Model Landscape (FML) models. Do you think you have the skills to identify model risks and challenge model development? Then we have a great opportunity for you!
Find out more here about how you can unleash your full potential at DLL

Day to day

• Lead a team of validators to perform high quality validations of DLL AIRB credit risk (PD, EAD,LGD) models in alignment with the DLL Future model Landscape (FML) strategy and plan.
• Support preparation of clear and concise validation reports, and communicate findings to model developers, senior management and regulatory authorities.
• Effective management of internal (model development, internal audit) and external (Rabobank, supervisory authorities) stakeholders to ensure models meet regulatory requirements.
• Support regulatory engagements and onsite inspections from ECB/DNB.
• Lead model governance activities regarding maintenance of the Model Inventory (MI) and supporting timely submissions to the Model Risk Committee (MRC).
• End-to-end management of validation projects including setting up project planning and alignment with stakeholders.
• Guiding several junior and medior validators and ensure high quality of their work and adherence to the validation procedures.
• Support member development activities, coach and support direct reports in meeting their personal development objectives.

All members enjoy

• Two working days per year volunteering for a local charity.
• Health and Wellness program including healthy food, free health checks, fun health & vitality activities.
• Flexible hours with possibility to work from home
• Career development opportunities: online learning, member development programs.
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“We lead the way in meeting the need for flexibility and transparency which our customers increasingly expect”

Essentials

• A Master’s degree in Econometrics, Actuarial Science, Statistics, Mathematics, Data Science or other quantitative discipline.
• At least 7 years of experience in model validation, and at least 2 years of experience in leading model development or model validation teams.
• In-depth understanding and knowledge of regulatory framework and standards for AIRB models (CRD IV/CRR, ECB/EBA guidelines)
• Experience on on-site inspections and communication with regulatory authorities (DNB/ECB)
• Project lead experience in model development or model validation.
• Excellent communication, writing, and reporting skills in English, and the ability to convey complex technical concepts to non-technical stakeholders.
• Strong analytical skills and affinity for data. Experience with DLL data and/or DLL model development is considered a plus.
• Experience in executing quantitative analyses using statistical programs such as Python/R, standard database query language such as SQL and using cloud platform such as Microsoft Azure/Databricks.

Choose wellbeing
DLL’s wellbeing ambition is to educate, equip and empower members to build connections, manage their mental, emotional, physical and financial wellness and maintain balance between work and the other priorities that make up their lives.
Our four wellbeing categories are as follows:

• Connection – Build meaningful connections with other DLL members
• Health – Manage mental, emotional and physical health
• Finance – Provide learning opportunities to help members achieve personal financial health
• Lifestyle – Maintain balance between work and life priorities

These are the things that matter to our members and the wellbeing of our members matters to DLL

Settling in
At DLL, we are many things. We are team members, family members, community member. We are members of society, members of different cultures and nationalities. Members of change. We each have different beliefs, different passions, different viewpoints, talents and interests. We become from different backgrounds, cultures, nationalities and histories. But for all of our differences, we share one thing in common: each of us are members of DLL.
Our company was founded in the Netherlands. But today we are truly a multinational business. Our unique culture is rooted in higher collaboration, less hierarchy and a honest directness that enable us to integrate, ideate and innovate across country lines.
Many companies say they are European, American, Asian or Australian, at DLL we are all these places and more. We are a cross-culture collaborative – an interconnected network – that comes together every single day with one goal in mind: Partnering for a better world

Good to know

• Deadline for applications: October 27th
• Reporting to Manager Model Validation
• Almost all members of DLL in NL are required to take the Bankers Oath. Banks in the Netherlands find it important that everyone working in the Dutch banking environment fulfills their role with integrity and care. The Banker’s Oath is our promise that we will do so with our customers, the society and to each other.
• The selection process may involve an assessment
• Applications via email will not be reviewed. Please apply online via our career website
• #LI-DENNIS
• DLL’s referral program applies
• For more information, you can contact Talent acquisition partner, Dennis van Hoof via dennis.vanhoof@dllgroup.com

DLL appreciates the time you spend applying to our openings. We advise only those who qualify for an interview will be contacted. Hiring subject to successful completion of a background check.
DLL is an equal opportunity employer. We are committed to inclusive, barrier-free recruitment and selection processes and work environments. If contacted for an employment opportunity, please advice Human Resources if you require accommodation in accordance with our values and all applicable legislation.

Job Reference: DLL NL02166