KBC Group Branch Bulgaria has been established in 2019. In 2020, a team of strong professionals – credit risk validators and software engineers – was established in Sofia to support credit risk model validations for KBC Group and all its subsidiaries (main countries: Belgium, Czech Republic, Ireland, Slovakia, Hungary and Bulgaria).
We are looking forward to hire a highly motivated, dynamic colleague, who will join our team taking the role of credit risk model validator.
For risk management, KBC Group internally develops statistical models for managing credit risks (scorecards, Internal Rating-Based models, IFRS9 models). The model validation team focusses on the validation of these models. Validators check and challenge the models, both quantitatively and qualitatively. The overarching goal of every model validation is to allow for an adequate management of the model risk that KBC is exposed to. The result of a validation is an independent advice that is submitted for decision to the Chief Risk Officer or the Chief Financial Officer.
As a team member, you will have frequent international contacts within the KBC Group, and occasional contacts with external parties. It will allow you to develop a wide and interesting network, and gain insights into the global activities of KBC Group.
You will perform an independent assessment of the model;
Based on a qualitative and quantitative analysis, you will provide an independent advice to Chief Risk officers and Chief Financial officers;
You will contribute to methodological discussions at KBC Group level.
Have a master’s degree or PhD in (applied) sciences such as mathematical economics, mathematics, physics, statistics, engineering.
Have good programming skills (a.o. Python, SAS, Matlab, R) and know how to work with large databases.
Fluent communication in written and spoken English;
Able to translate complex material into well-structured and simple conclusions, while respecting deadlines;
Eagerness to acquire and to share knowledge.
Working for the one of the fastest developing bank-insurance group in Europe;
Job specific in-house and external trainings;
Flexibility to pursue your further educational aspirations by flexible working conditions;
Interesting and dynamic line of work;
Opportunity to become a member of a highly professional team where mutual assistance is encouraged and highly valued;
Competitive salary and bonus system, tailored to a position’s specifics;
Comprehensive Medical Care insurance;
Life Insurance and disease prevention package;
Preferential terms for use of products and services with all KBC Group companies in Bulgaria;