Senior Quantitative Analyst

Quick Facts

• Role: Senior Quantitative Analyst (Mathematics/Physics/Economics)

Description

Validate and develop quantitative methods used for risk assessment of banks you supervise, reporting results to management bodies. Work on topics such as rating procedures, LGD models, portfolio risk models, NFR models, and stress tests, including reviewing bank risk models during deposit insurance examinations. Develop and maintain R scripts and analyze data while collaborating with business teams, IT, and deposit insurance system stakeholders.

Responsibilities

• Validate and develop risk assessment methods for supervised banks and report to management committees (rating procedures, LGD models, portfolio risk models, NFR models, stress tests)

• Develop and maintain R scripts and perform data analysis for risk assessment of banks and portfolios

• Review banks’ risk models as part of deposit insurance examinations

• Evolve methodological approaches in line with regulatory developments

• Serve as an interface between business units, IT implementation, deposit insurance systems, and authorities

Requirements

• Completed degree with a strong quantitative focus (business/economics mathematics, physics, data science, economics, or comparable)

• Several years of experience in banking supervision, banking, or banking-focused providers/consulting with focus on model validation, model development, risk controlling, or related work

• Programming skills beyond MS Office (e.g., SQL, R, or Python)

• Experience working in the regulatory banking environment

• Strong quality orientation and interest in financial-economic relationships and mathematical models

• Independent, structured, execution-oriented working style with strong communication and teamwork skills

Benefits

• Long-term, indefinite contract; full- or part-time (32–39 hours/week)

• Flexible working hours and home office options

• 30 vacation days plus Dec 24 and Dec 31

• Individual training and development; company pension and other additional benefits

• Central modern workplace in Cologne with excellent public transport access