Data Scientist - Credit Risk Modelling

October 27, 2026

Hybrid

Middle

Amsterdam, Netherlands

Indeed

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Mandatory office attendance
English is required

Description

The bank is hiring medior data scientists for its Non-Retail Credit Risk Modelling team inside a Risk Modelling department of over 150 professionals. The role centres on redeveloping credit risk models for various lending portfolios and guiding them through internal validation and DNB/ECB on-site inspections. Models must comply with regulations, predict risk accurately and support risk-based pricing, credit granting and capital requirements. The position is based in Amsterdam and combines quantitative modelling work with intensive stakeholder collaboration across the bank.

Responsibilities

Redevelop credit risk models for various lending portfolios together with the team
Contribute to every phase of the model redevelopment cycle, from model initiation to internal validation
Support internal validation and on-site inspections by DNB/ECB
Make modelling decisions and justify them with statistics and applicable regulations
Articulate views clearly and foster strong collaboration with stakeholders across the bank
Help reshape the bank's credit risk model landscape so models support risk-based decision-making

Requirements

Master's degree or PhD in a quantitative field
More than 2 years of experience in a credit risk modelling team (IRB, IFRS9, stress testing or related model development)
Fluent spoken and written English
Hands-on coding in Spark, Python and SQL
Advanced knowledge of statistics and of the grounding behind modelling decisions
Thorough knowledge of banking and credit risk
Knowledge of rules and regulatory trends relevant to credit risk modelling (Basel, CRR)
Experience with Azure DevOps or git is a pre
Experience working with DNB/ECB through communication and on-site inspections is a pre
Ability to communicate effectively with stakeholders at different levels of seniority
Eye for detail and experience with large quantitative projects

Conditions

Working from home is possible in consultation with the team and depends on the role
Ergonomic home office setup provided by the employer
Attractive gross monthly salary based on a 36-hour work week, including holiday allowance and a flexible benefit budget
Excellent pension scheme
Five weeks of vacation per year supplemented by two mandatory days off
Option to purchase up to four additional weeks of vacation annually
Five "Banking for better days" for personal development or volunteer work
Development budget of €1 000 per year, accumulating up to €3 000
Annual public transport pass with free travel throughout the Netherlands for business and private use