Senior Credit Risk Model Consultant


Imagine ensuring that our customers, we as a bank, our regulatory bodies and society as a whole can bank responsibly. You carry out this challenging task in an innovative and dynamic, international environment. Within the Risk Analytics department, you act as the link between the complex theory of our financial products and the associated regulatory framework on the one hand, and the daily practice at the bank on the other. As a Senior Credit Model Consultant, you can make a difference by handling the model development, implementation and maintenance. This includes process management, analysis and proactive stakeholder management. In this way, you contribute to our ambition of being a data-driven and analysis-driven bank.

Making a difference

  • Co-ordinating, planning and actively managing the activities of the modelling team, in particular the development, maintenance and active improvement of A-IRB Credit Risk models that go beyond the statutory requirements.
  • Monitoring the quality of our results by contributing your knowledge and experience. This includes specialist business knowledge and knowledge of regulations and technical processes.
  • Co-ordinating collaboration between stakeholders. This includes co-ordinating with Risk Management, Data Analytics, the Business department and IT to ensure that our models align optimally with the requirements of the bank and the regulatory bodies.

With each other
Collaboration is at the heart of everything we do. Our Group Credit Models - Portfolio team brings talented people together to develop A-IRB models (Advanced Internal Ratings Based) and other risk models for a wide range of portfolios. These include mortgages and consumer financing, SMEs, corporate banking, securitisations, property, agriculture and project financing. Each portfolio has its own team. Our preference and your own will decide which team you join. We'll find the best match together. One thing is certain: you'll work side by side with talented colleagues and experts from all over the world in an internationally-oriented setting. With you as a Senior Credit Model Consultant, the team will consist of some 140 colleagues, including:

Karen Brummel, Business Manager GCM Portfolio: “The role of Senior Credit Model Consultant is so interesting because it's so varied. You need specialist knowledge, you are the point of contact for team members, bank-wide departments and regulatory bodies and you also need to analyse the risks in all areas where we must comply with the rules as a bank.”

With you

Of course, you are customer-focused, persuasive, driven and able to build bridges. It's exactly these characteristics that make you a good Senior Credit Model Consultant, particularly in combination with:

  • a master's in economics, finance, business administration or a comparable field;
  • at least six years' experience in project management, banking, consultancy and/or building, validating and/or implementing (IT or Business) Credit Risk models at a financial institution;
  • experience with answering questions from the regulator(s) and supporting ECB inspections;
  • sound knowledge of credit risk parameters, capital calculation, credit risk management and the landscape that Rabobank operates in;
  • specific experience with one or more of our portfolios;
  • knowledge of credit risk models or the willingness to acquire this knowledge;
  • an excellent command of English.

Growing a better world together
You'll already be aware that Rabobank is a financial services provider for 8.5 million customers in 40 countries. But did you know that we aim to contribute to real change with our ‘Growing a better world together’ mission? We do so in countless ways, such as:

  • “Actively protecting our customers by ensuring that the resources we lend and the mortgages we provide remain well within acceptable risk levels.”
  • “Working on a new generation of risk models that don't just comply with the requirements of regulatory bodies, but also allow us to expand our reach and help more people, communities and societies to grow and develop.”

Do you want to become the ideal version of yourself? We would love to help you achieve this by focusing firmly on your growth, development, and investing in an environment where you keep learning every day. We give you the space to innovate and take the initiative. In this way, we offer you numerous opportunities to grow and help you exceed your expectations, to do the right thing exceptionally well, and to therefore grow as a professional. In addition, with us (on the basis of a 36-hour working week), you can also expect:

  • a gross monthly salary between €4426,06 and €6322,94;
  • a personal budget that you can spend on activities related to your personal development and career;
  • a thirteenth month and holiday pay;
  • an Employee Benefit Budget (11% of your monthly salary). You decide how to spend this budget. This may include purchasing extra leave days, making extra pension contributions or even receiving a monthly cash payout;
  • flexible working times and location-independent working (within the Netherlands). You work partly on location in Utrecht and partly from home, depending on the corona regulations;
  • a home working allowance and/or reimbursement of commuting costs;
  • a pension scheme, to which your contribution is only 3.5%.

Let's meet           
Are you ready to join Rabobank as a Senior Credit Model Consultant and to make a difference to yourself, our customers and to society? We look forward to receiving your application for this vacancy in Utrecht.  

Good to know:

  • Apply via the button "Apply now".
  • Sven van Buuren, recruiter, would be happy to answer any questions about the application procedure
  • The application process includes screening. Based on the screening procedures in place at Rabobank, we assess whether new staff are reliable enough to work at Rabobank.
  • Your privacy is important to us. If you would like to find out more about this, please click on this link.
  • Everyone is different, and it is exactly those differences that help us become an even better bank. That's why we want to know who you really are!

Senior Credit Risk Model Consultant

Contract type Full time
Expertise Data & Analytics / Finance & Risk
Location Utrecht (The Netherlands)
Reference number JR_00056930
Publication date 16 August 2022

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