Student Employee Administrative Tasks for Retail Credit Risk Modelling

  • ABN AMRO
  • Amsterdam, Nederland
  • nov 26, 2019
Student Employee Quantitative Finance Risk Management

Job Description

ABN AMRO is on the trend of greater use of statistical models. This development is driven in part by regulations, but the growing reliance on models manifests in all areas of the bank. For risk management purposes ABN AMRO has models in place for, among others, credit risk, market risk, operational risk, and liquidity risk, covering the entire balance sheet of the bank. These models use market and client data to predict the client behaviour and their risk profile based on the client characteristics, the economy and the market. Outside the risk management domain, model-based decision making becomes increasingly important and accepted. Our team, the Credit Risk Modelling team, is responsible for the (re)development of credit risk models for retail portfolios within ABN AMRO.

The team:

The Retail Credit Risk Modelling team (re)develops credit risk models focused on retail clients (mortgages, SME, etc.). By analysing client data from the past, existing models are updated and if necessary new models are developed. The resulting models predict the probability a retail client is unable to repay a credit, and consequently the expected loss for the bank. Based on that, the model determines the capital that ABN AMRO needs to keep at hand. In this way, the quality of the model has a big impact on the bank’s risk profile, and its profit and loss.

The team is a young and dynamic group of about 15 specialists with a very international and diverse background. This diversity, in terms of cultural background, gender, academic and working experience creates an optimal blend.

The job:

ABN AMRO Credit Risk Modelling is looking for enthusiastic and social Business Administration/MBA or Econometrics/Quantitative Finance students to assist the team with the administrative tasks and a few ad hoc assignments, such as assisting in preparing and facilitating meetings with different stakeholders, taking notes during expert meetings and helping with the on-boarding of new colleagues.  

Specifics:

  • Duration: 1 year;
  • Start: as soon as possible;
  • Availability: one or two days a week. The hours in office can be flexible and upon agreement;
  • Location: Amsterdam.

Your profile:

Do you think you will fit this job? Check your profile:

  • or MSc. student Business Administration / MBA, Econometrics or Quantitative Finance;
  • Excellent communicative skills;
  • Structured and well-organised;
  • Eye for detail, accurate way of working;
  • Fluent in English, both written and spoken;
  • Able to work independently and flexible, proactive attitude;
  • Good PowerPoint skills is a plus.

Interested?

Are you interested and do you match the profile? Please send your CV and motivation letter  to Adriaan Vuik by applying through the apply button!