Your responsibilities, Managing the products under responsibility of Data Exploration and Reporting Processes team both from business and technical perspective, Defining and driving product vision into actionable development roadmap using the latest trends, Driving to innovation as well as conceptual and solution-oriented work, Setting realistic expectations with regards to product timeline and development, Ensuring quality of the work and deliverables (by understanding the risk figures used both for regulatory purposes and economic capital models), Put a high focus on the stable operations of the applications used, Adhere with the products to the (technical) standards provided by the bank (e.g., smart delivery guide, book of standards), Collaborating closely with Scrum Master, other Product Owners, Chapter Leads and various stakeholders, Identifying user needs and cooperating in cross-cell & cross-cluster environment, Support the Chapter Leads in building “the team”

Master degree in economics, finance & accounting, IT or related field, Experience in managing teams or projects, Very good understanding of risk figures and parameters used in capital adequacy, Ability to prioritize topics and mange product backlog, Strong willingness to troubleshoot and resolve risk calculation, monitoring and reporting related issues, Professional experience in banking industry: risk or audit departments, Knowledge of risk management and banking regulations, English C1 level – it is our business language, Good knowledge of BI tools (eg. Qlik Sense) and python

Benefits, private medical care, sharing the costs of professional training & courses, life insurance, remote work opportunities, flexible working time, integration events, corporate sports team, retirement pension plan, preferential loans, no dress code, video games at work, coffee / tea, leisure zone, pre-paid cards, redeployment package, employee referral program, extra leave, Multisport, Skills@Work - personal & professional development program, Employee Assistance Program (psychological support), E-learning platform: O'Reilly, library, tutorials

additional-module

Description of the cluster:, Risk Models & Calculations cluster is responsible for:, Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk., Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress)., Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications., Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions)., Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities, IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system., Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes., Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests). Professional response on customer requests., Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation., Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.

Commerzbank AG, Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.

This is how we work,

additional-module

Description of the cluster:, Risk Models & Calculations cluster is responsible for:, Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk., Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress)., Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications., Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions)., Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities, IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system., Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes., Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests). Professional response on customer requests., Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation., Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.

Your responsibilities

• Managing the products under responsibility of Data Exploration and Reporting Processes team both from business and technical perspective
• Defining and driving product vision into actionable development roadmap using the latest trends
• Driving to innovation as well as conceptual and solution-oriented work
• Setting realistic expectations with regards to product timeline and development
• Ensuring quality of the work and deliverables (by understanding the risk figures used both for regulatory purposes and economic capital models)
• Put a high focus on the stable operations of the applications used
• Adhere with the products to the (technical) standards provided by the bank (e.g., smart delivery guide, book of standards)
• Collaborating closely with Scrum Master, other Product Owners, Chapter Leads and various stakeholders
• Identifying user needs and cooperating in cross-cell & cross-cluster environment
• Support the Chapter Leads in building “the team”

Description of the cluster:

• Risk Models & Calculations cluster is responsible for:
• Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk.
• Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress).
• Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications.
• Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions).
• Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities
• IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system.
• Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes.
• Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests). Professional response on customer requests.
• Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation.
• Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.

additional-module

Description of the cluster:, Risk Models & Calculations cluster is responsible for:, Development, roll-out and maintenance of group-wide models for credit risk, operational risk, capital requirements and stress-testing (incl. tight monitoring of model performance). We are model owner and 1st line of defense for model risk., Implementation of models in calculation kernels (e.g. rating models, RWA-calculation, C-VaR, LGD-Service, OpRisk and Stress)., Specification and implementation of rating tools as well as other central risk applications – used mainly by own Front-Ends in the credit process or in online applications., Calculation of the economic capital requirements (e.g. Credit Portfolio Model, AMA for OpRisk, business- and physical asset risk - incl. stressed conditions)., Basis calculation for risk provisions (especially IFRS9 Stage Assignment and Lifetime-EL) and center of competency for Asset Backed Securities, IT-solutions for recording, management and calculation of the operational risk, tools for and management of the internal control system., Operational stability of the IT-Applications (e.g. incidents or delays) but also optimization of IT-platform as well as minimization of manual processes., Tailor-made risk analysis (e.g. scenarios, impact analysis, Ad-Hoc requests). Professional response on customer requests., Main contact for regulators, chartered accountant and internal auditors concerning model development and implementation., Implementation of important regulatory and strategic initiatives: e.g. implementation and fulfillment of new regulatory requirements for AIRB rating models, acceleration of rating calculation, enablement of digital credit journey, improvement of credit decision and streamlining of credit processes.

Commerzbank AG, Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. The world is changing, becoming digital, and so we are. We are leaving the traditional bank behind us and are choosing to move forward as a digital enterprise. This is exactly why we need talented people who will join us on this journey. We work in inter-locational and international teamwork in agile methodologies.

This is how we work,