As a Credit Risk Model Validation Specialist you will participate in the Review, Oversight and monitoring of all Credit Risk Models in force within BNP Paribas such as (IFRS9, Scoring Models, IRB, Stress Testing and ICAAP) and you would play a major role in the definition and challenge of BNP’s integral modelling convergence across entities by helping in reaching full compliance with European Banking Regulations such as (CRD, CRR, Basel IV).

Additionally, the role may occasionally require reviewing and assessing other models that may affect any of the credit risk cycle decision making process including ESG related models and would require an ongoing monitoring to ensure that existing models implemented meet Group’s requirements in terms of performance (Review of Estimates and Backtesting)(.

As such,



you will join an international team named - RISK Independent Review and Control - with presence in up to 9 countries comprised by a wide range of experienced and skilled professionals in the Credit Risk Domain that would give you the chance to liaise with senior executive members across BNP’s Paribas RISK organization– including Model Development teams, Internal Audit and Risk Officers - across the different entities BNPP has in several locations including BNL – Italy , Fortis – Belgium , BNPP – France , BGL – Luxembourg .

The role would additionally encompass participating in the validation of to the Group’s Global Corporate Models including Asset Finance, Large Corporates, LBO, Financial Institutions) and would require a frequent interaction with regulatory bodies (ECB , ACPR).

The role’s location:

The current position herein offered is based in Madrid where the BNP’s MADRID RISK HUB is based joining a large community of Risk Professionals in the domains of Big Data and Artificial Intelligence, Operational Risk Control , Credit Market and Counterparty Risk, Cyber Security and Project Management.

Hybrid working policy with significant flexibility to work from home i

📌 Credit Risk Model Validation Specialist (Madrid)
🏢 BNP Paribas
📍 Madrid