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Specialist (m/f/d) Model Risk Management

Are you looking for a new challenge? Would you like to take on responsibility and develop yourself further? Then join us and drive the change!

At Toyota, we know that nothing is impossible. This is not only true for Toyota as a mobility brand, but also for us: Toyota Kreditbank GmbH (TKG). As the bank of one of the world's largest automobile manufacturers, we have been operating successfully in the German market for over 35 years - and are continuing to grow.

Toyota's mission for the future, "Mobility for All," is to give as many people as possible access to mobility. That is why our shareholder is expanding its existing business model to include relevant solutions that deliver added value to society. This idea is also reflected in our innovative financial products and customer-focused services, which regularly earn us the Best Autobank award. Together we can strive for innovation and redefine the boundaries of what is possible without losing sight of our roots.

Your Tasks:

 

  • Responsibility, development and implementation of guidelines and procedures for model governance and model risk assessment in accordance with MaRisk and other regulatory (German and European) guidelines (English MRM framework).
  • Carrying out the model inventory and maintaining and updating the model inventory as described in the MRM framework in cooperation with the model and risk managers in Germany and abroad.
  • Evaluating the models and the model risk of Toyota Kreditbank at bank and Group level for submission to the Manager Group Risk Controlling as described in the MRM framework.
  • Regular preparation of the model risk report for integration into the OpRisk and overall risk report and for submission to the relevant committees.
  • Coordination and implementation of validations and reviews of (risk) models in accordance with the model risk guidelines.
  • Development and implementation of scenario analyses (and stress tests if necessary) for model risk.
  • Support in the monitoring and presentation of the overall risk situation of Toyota Kreditbank at the level of the institution and the Group and the risk-bearing capacity as well as compliance with risk limits in cooperation with the model and risk managers and Manager Group Risk Controlling.
  • Preparation and, if required, presentation of reports and presentations for management and other stakeholders.
  • Working with internal and external auditors and regulators to ensure compliance with regulatory requirements.
  • Contact person regarding model risk as well as training and support of employees in the area of model risk.

Your Profile:

 

  • A successfully completed university degree (Mathematics, Physics or Business Administration) related to banking and risk management or comparable training. Reference to supervisory law and/or model development desirable.
  • 3-5 years of professional experience in risk management and risk controlling in connection with regulatory requirements.
  • Knowledge of German and European regulatory requirements in the area of overall bank management (ICAAP) as well as in the area of model risk management.
  • IT knowledge in the area of models and methods.
  • Pragmatic problem-solving skills.
  • Strong analytical thinking skills.
  • Ability to act independently (high degree of autonomy).
  • Very good written and spoken English. German language skills is an advantage.

What we offer:

Wir bieten Ihnen:

We offer you a progressive workplace with challenging, varied tasks in a dynamic environment and a pleasant working atmosphere. Flexible working hours and targeted training are part of the package as well as an attractive remuneration and a company pension. We also offer a vehicle leasing programme in which you and up to two relatives can participate. Through our cooperation partner Urban Sports Club you can take advantage of various fitness offers at reduced conditions. Two canteens are available for your subsidized lunch.

Apply now »