About our team

We are the ones who reinvent banking every day through digitization solutions and financial education. Annually, 1 in 5 Romanians buy a home using BCR's services and products, and 1 in 6 Romanians access loans for personal needs. We are the team that supports growth and financial health through technology and makes it possible for over 500,000 accounts to be opened digitally.

How you will contribute

• Coordinate the end-to-end development process of credit risk models, starting with the design / initiation phase and up to the model testing and implementation;
• Perform and improve the measurement and monitoring of internal credit risk models;
• Maintain a regular interaction with business owners, model stakeholders / users, independent validation and internal / external auditors, in order to discuss all model-related needs, requirements, findings and any potential model improvements;
• Monitor and analyze the recent developments in banking regulation (e.g., EBA’s Single Rulebook, ECB’s guide on internal models, IFRS 9 standards) and directly contribute to BCR’s efforts to maintain full compliance with best banking practices;
• Work closely with the colleagues from Erste Group Holding, as well as with other CEE entities of Erste Group and engage in an international context with senior level modelling experts;
• Actively participate in top priority projects for Erste Group;
• Travel to Erste Group Headquarters for the implementation of Group-wide initiatives (30%).

What will help you be successful

• University degree, preferably in technical or economical fields (Finance and Banking, Computer Science, Mathematics, Statistics, Engineering, Data Science);
• A minimum of 4 years of experience in within a financial institution or a related field, as part of a risk or quantitative position (e.g., credit risk quantitative modelling, quantitative analysis, financial supervision);
• Experience with data extraction, data manipulation and integration and handling of large datasets (especially for Retail portfolios);
• Experience with development of credit risk scoring models and development of credit risk parameters (PD, LGD, EAD/CCF), incl. model testing, implementation, and on-going maintenance;
• Comprehensive understanding of regulatory requirements (e.g., Basel framework – CRR/CRD, EBA/GL/2017/16, EBA/GL/2019/03, CDR (EU) 2021/930, ECB Guide to Internal Models);
• Knowledge of credit risk processes, governance, documentation;
• Proficiency with SAS Enterprise Guide and SAS Enterprise Miner;
• Proficiency with SQL tools (e.g., Toad, Oracle SQL Developer, Microsoft SQL Server);
• Knowledge of Python software and Machine Learning modules (Pandas, numpy, scikit-learn, TensorFlow, statsmodels) is a plus;
• Proficiency with Microsoft Office suite;
• Availability for travel > 30%.

Sounds like you'd be a good fit? Well, check out what we provide for our passionate people:

• Flexible working schedule and work from home policy;
• Accessible & modern head offices in Grozavesti  (For the time being, we work in hybrid mode);
• Private medical insurance;
• Up to 27 vacation days depending on your years of experience;
• Days off for unexpected events;
• Free day on your birthday;
• Banking and private pension benefits;
• Flexible benefit plan through Benefit online platform.