Postbank has over 30-years’ presence as one of the leaders in Bulgaria’s banking sector. The bank is a decisive factor in innovation, in shaping the country’s banking trends in recent years and award-winning for its innovation. For our Risk Validation Team in Risk Division, we are currently looking for an experienced and motivated RISK MODEL VALIDATION EXPERT.

The Risk Model Validation Expert main responsibilities are:

• Participation in validation of risk models with focus on credit risk models (e.g. IFRS9, EWS, stress-tests);
• Participation in validation of risk models with focus on credit risk models (e.g. application and behaviour models);
• Participation in monthly monitoring and ad-hoc activities
• Advanced data preparation including verification of data from different bank systems;
• Preparation of detailed risk validation reports where results from different statistics are presented;
• Supporting activities in relation to European and local regulations and tasks;
• Performing consistency checks and use-test activities to insure the correctness of model implementation and usage;
• Working with others in the team to help build an inclusive and positive working environment.

The appropriate candidates must fulfil the following criteria:

• Bachelor or master’s degree in applied economics, mathematics, statistics or other exact or applied science;
• Ability to analyze and interpret complex information and translate this into well-structured and simple conclusions, while respecting deadlines;
• Very good command of English, both verbal and written;
• Good communication skills;
• Previous experience in risk management and/or credit risk modeling/validation/calibration will be considered as strong advantage;
• Knowledge of a programming language or prior experience with a statistical software – R, SAS, Python, SQL or other;
• Strong analytical and technical skills oriented towards data processing, advanced analytics and Big Data;
• Strong multi-tasking skills;
• Self-motivation and easy-going team player personality.

We offer:

• The position offers exceptional opportunities to be part of an International Banking group (Eurobank Bulgaria);
• Visibility and key role in a dynamic and innovative team at a successful international bank;
• Opportunity to get valuable insights and deep understanding of banking industry and risk;
• Opportunity to lead various key projects with significant impact on the performance of the Bank;
• Challenging opportunity for career development;
• On-going training;
• Additional holiday days;
• Additional Medical Care;
• Special Discounts and offers;
• Interesting and dynamic job.

To apply, please send in English a motivation letter, your CV, a recent photograph and recommendations. Only short-listed candidates will be contacted. All applications will be treated in the strictest confidence. Postbank in its capacity of administrator of personal data ensures full protection of the personal data confidentiality.