Stress Test Modeller
Is the Rabobank capable of surviving another global financial crisis or impact of Climate changes? What risks do we face in case of such an event, what losses can we expect and what happens to the bank’s capital position? These are questions that we, the credit risk stress testing team, aim to answer in a quantitative way.
You and your job
The Credit Risk Stress Testing team is part of Risk Analytics - Group Credit Models (GCM). To be able to stress the balance sheet of the bank, we use the models (Probability of Default, Exposure at Default, Loss Given Default) made by the other teams inside GCM as input for our own models. Every year we perform stress tests that are required by the regulators (i.e. ECB/DNB/EBA). Besides these, we also perform internal stress tests requested by for example the Managing Board or by individual teams/portfolios that want to get an idea of their position.
PracticalExamples
- Perform stress tests that are required by the regulators
- Perform internal stress tests requested by for example the Managing Board
Facts & Figures
- 36 or 40 hours per week
- 7.1 million customers in 40 countries
- 43,822 Rabobank colleagues around the world
Top responsibilities
- Opportunity and freedom to build the most effective models for Credit Risks Stress Testing calculations
- Advise management with results stress test
- Build risk models that have a direct impact on bank business and the lives of millions of customers
Together we achieve more than alone
We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at Stress Testing.
“In the Modeling and Implementation sub-team we maintain expertise of the methodology and the calculation code. During a stress test we do not only use our own models, but make use of many different models of the bank. It is a nice challenge to get to know the credit risk model landscape and work on the ongoing improvements in this field.”
Ruben Janssen, Stress Test modeller
You will be part of a very dynamic and international team including highly motivated team members. We have four sub-teams, each having their own expertise (i.e. Data, Modeling & Implementation, Robotics and Run & Reporting). We work closely together to get in an Agile way from input data to the end results. We have an open atmosphere in which you can freely share new ideas and have time for your personal development.
Working together is the way we work; as 1 results-driven, data-minded and analytical team at Rabobank. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,5000,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.
You and your talent
- Master degree in a quantitative field
- 3+ years of relevant working experience
- Good understanding Python and SQL
- Wants to get results
- Focus on the solution
- Clearly demonstrates and takes ownership
This is what we offer you
- up to € 6041 gross per month based on 40 hour work week (scale 9)
- an extra budget of 11% of your gross salary to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out.
- Thirteenth month's salary and 8% holiday allowance
This is a selection of the terms of employment for a Stress Test Analyst based on a 40-hour working week. You can find all terms of employment on rabobank.jobs/en/conditions-of-employment.
You and the job application process
Reply to the vacancy for Stress Test Analyst at Rabobank before May 1st 2022.
- Any questions about working at Rabobank and the process? Ruben van Muilwijk, Senior Recruiter via ruben.van.muilwijk@rabobank.nl
- We will hold the interviews through a video call.
- You can find answers to the most frequently asked questions on Frequently asked questions - Careers at Rabobank
- A security check is part of the process.
- We respect your privacy.