Credit Risk and Quant Internal Review and Validation

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Scope Ratings GmbH is looking for a highly reliable and meticulous colleague with strong quantitative and analytical abilities to join the Independent Review Function (IRF) team. 

The IRF team is responsible for the approval and periodic review of rating methodologies, models and key rating assumptions, such as mathematical or correlation assumptions, and any significant changes or modifications thereto as well as the appropriateness of those methodologies, models and key rating assumptions. It fosters the strength and coherence of the analytical capabilities of Scope Ratings and acts as discussion partner to the analytical teams as well as an interface to Scope Ratings’ Independent Directors and the European Securities and Markets Authority. 

Your responsibilities

  • Establish and maintain audit proof documentation and maintenance of quantitative models.
  • Develop approaches to meet regulatory requirements towards scientific/quantitative validation, back-testing and calibration of methodologies.
  • Support the development of new rating methodologies in liaison with the analytical rating franchises and the Quantitative Analysis & Modelling team
  • Participate in rating methodology reviews

Your professional profile

  • Knowledge of financial products and markets
  • Experience in credit risk analysis
  • Strong analytical and problem-solving skills
  • Strong statistical skills with the ability to apply in practice
  • Programming experience
  • Excellent communication and interpersonal skills
  • Good working knowledge of MS office tools like Excel (with VBA), Word and PowerPoint
  • Detailed knowledge of R and/or SQL is a strong plus

Your personal profile

  • Strong interest and motivation for learning the practical insights into analysing credit and financial risk
  • Highly reliable and meticulous
  • Ability to work in a team and also independently as a self-starter without close supervision
  • Self-drive and versatility are very important
  • Highly critical, curious and independent thinker
  • Fluent proficiency in English is a must. Other European languages are a plus

We offer a challenging, full-time permanent position, in a company with high development potential. The position is based at one of Scope’s stylish offices in the heart of Berlin or Frankfurt. You will be part of a committed and professional team with a flat hierarchy. Scope’s size allows quality work to become quickly visible. You will work in the IRF team and in conjunction with the Quantitative Analytics and Modelling (QAM) team.

Interested?

We look forward to learning more about you from your application. Please apply online using our application tool quoting the reference “20180123“. Please note: for non-EU applicants, a valid work and residence permit is a prerequisite for this post. 

What we want to see

  • Signed current CV
  • Criminal record certificate
  • At least 3 references
  • Copy of your university degrees and certificates

About Scope

Scope Ratings GmbH, a part of the Scope Group, is the leading European credit rating agency, with headquarters in Berlin and offices in Frankfurt, London, Madrid, Milan, Oslo and Paris. The company specialises in the analysis and ratings of financial institutions, corporates, structured finance, project finance and public finance. Scope Ratings offers a credit risk analysis that is opinion-driven, forward-looking and non-mechanistic – an approach which adds to a greater diversity of opinions for institutional investors. Scope Ratings is a credit rating agency registered in accordance with the EU rating regulation and operating in the European Union with ECAI status.

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