Data Scientist, Risk Modeller

Role Overview

• Lead specific pieces of the modelling effort: review data & attributes, assess modelling options, defend model choices with stakeholders
• Develop and maintain Credit Risk models for internal ratings based approach
• Lead model monitoring framework development, integration and automation covering all Credit Risk models
• Maintain monitoring solution R/Python code base and lead work on periodic monitoring reports
• Identify promising data sources and convert data into meaningful credit insights
• Communicate detailed technical information in a simple and clear manner to business colleagues

Requirements

• 2+ years of previous experience working in Financial/ Credit Risk area in banking, financial institution (FinTech) or in other institution using internal ratings based approach (scoring)
• Knowledge of a variety of modelling techniques such as multivariate regressions and models with categorical response variables
• Excellent analytical (including statistical techniques experience), communication, presentation, organizational and problem-solving skills
• Strong MS Office (Excel, PowerPoint, Word, etc.) as well as strong R/Python coding, and SQL skills
• Good understanding of model risk management and governance of models as well as knowledge of Financial/ Credit Risk regulations (Basel, EBA, IFRS9) will be considered as an advantage
• Good understanding of end-to-end credit life cycle for retail and wholesale portfolios also would be considered as an advantage
• Higher degree in Math, Economics, Finance, Business Management or similar fields
• Fluent English is required in spoken and written communication due to working on the Pan-Baltic level

Tech Stack

• Python
• SQL

Benefits

• Flexibility. Flexible working hours, Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
• International teams. Teams that go outside Pan-Baltic borders, where people value challenging work together with good humor and having fun
• Culture. You’ll be joining a team where things move fast, ideas flow freely, and change is part of the everyday. It’s a dynamic environment that keeps you learning, growing, and never bored
• More vacation. Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
• Volunteer time off. We care about giving back to society, therefore, you will get additional days off for volunteering purposes
• Paid leave. We are proud of our employees who are participating in military training. Therefore, Luminor offers 30 fully paid calendar days for military training every year
• Health benefits. A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states, as well as Health days in case of your absence due to sickness without a doctor's note needed
• Wellbeing. Access to tools and resources that help you feel good and be productive at work and in life
• Professional growth. Internal and external training programs, LinkedIn learning, workshops, conferences, online training, etc
• Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor