Head of Credit Risk Modelling

YOUR JOB IN A NUTSHELLJoin BNP Paribas Fortis as Head of Credit Risk Modelling for Medium Default Portfolios and play a key role in how we measure and manage credit risk. You'll lead the development of models that help predict how likely clients are to repay loans, how much they might owe if they don’t, and what losses the bank could face. These insights help shape both pricing and capital strategies. You’ll also oversee scoring tools that support sound credit decisions. Ready to make a real impact?AND IN DETAILAs Head of Credit Risk Modelling, you'll lead a small, specialised team responsible for building and maintaining key models that help the bank understand and manage credit risk. This is a high-impact role at the crossroads of data, finance, and strategy.Your role Lead and support a dedicated team of credit risk modelling experts.Guide the development of models that estimate: the likelihood that a client might default on a loan. The amount still owed at the time of default. The expected financial loss if the client defaults (Loss Given Default – LGD). Credit scoring tools that support lending decisions.Your core responsibilitiesOversee the collection and preparation of relevant data for modelling.Choose the most appropriate modelling approach in each case.Collaborate with experts and business teams to validate modelling results and select final model versions.Ensure models are implemented correctly in cooperation with IT teams.Plan and coordinate the team’s workload and priorities. Review and align model documentation to ensure consistency and quality across projects. Present and explain models to internal stakeholders and supervisors – both technical and non-technical audiences.Work with modelling teams across the BNP Paribas Group to ensure a consistent approach group-wide.Additional tasksRespond to queries from regulators and other external bodies regarding models.Contribute to the evolution of the modelling environment, including IT tools and infrastructure.Stay updated on regulatory changes and industry best practices in credit risk modelling.Why this role matters ?You'll directly influence how the bank assesses and prices risk – crucial for stability and competitiveness. You'll collaborate across departments and countries, gaining a broad strategic view of the bank's activities. You’ll work at the cutting edge of risk analytics, combining regulatory insight, data science, and business acumen.YOUR TALENTS AND COMPETENCESA solid academic background in a quantitative discipline such as Mathematics, Physics, Economics, Econometrics, Engineering, or Statistics.Several years of experience in credit risk management and/or credit risk modelling, with a sound understanding of Basel credit risk regulations. Excellent written English, with the ability to communicate clearly and precisely in technical documents and reports.Fluency in either Dutch or French, with at least a working knowledge of the other language.A collaborative mindset and the ability to lead or contribute effectively within a team setting.Strong organisational skills, with the capacity to manage long-term objectives and structure workload accordingly.Familiarity with programming in a high-level language (e.g. Python, R); experience with SAS is a valuable plus.Awareness of IT system environments and how models integrate within broader technological frameworks.WHAT WE HAVE TO OFFERSUSTAINABILITY AND IMPACTWe strongly believe in the positive impact that the financial sector can have on the world. BNP Paribas Fortis offers sustainable and responsible investment products and solutions and encourages social entrepreneurship. Together with our customers, we are working towards a better future every day.DEVELOPMENT & CAREER PERSPECTIVESThe departments that make up BNP Paribas Fortis cover a wide range of activities. You will therefore have many opportunities for “horizontal” and “vertical” career development.GOOD PLACE TO WORKIn addition to your remuneration and benefits (meal vouchers, insurance, holidays), we offer flexible salary options, allowing you to convert part of your salary into personalised benefits (phone use, IT equipment, transport, etc.).OUR ENGAGEMENTAt BNP Paribas Fortis, we want to attract and retain all talent, whatever their gender, age, background or sexual orientation, and irrespective of whether they are living with a disability, as every person has their own experiences and their own identity. All of our full-time vacancies are also open to candidates wishing to work on an 80% or 90% full-time equivalent basis.TEMPTED BY THE CHALLENGE?A first selection is made based on your CV and motivation letter. Are we convinced that you are the right candidate? Then we will contact you.Good luckIs this position not for you, but do you know someone who is cut out for this job? Feel free to share it with friends and family