Regulatory Capital Specialist-Medior
In the Model Standards & Guidelines (MSG) team we are looking for a Medior Regulatory Capital Specialist. In this role you are supporting the regulatory capital modelling team with model design, model methodology and regulatory compliance. You furthermore advise the model owner of the capital models and model developers how to deal with the regulation in complex situations and upcoming new regulations. The MSG team is also responsible for the modelling process, modelling standards, model environment and supports the model teams with the project management
The Backbone Risk Modelling (BRM) department is setting the foundations for the risk modelling teams. This is ensuring that there is proper modelling and data infrastructure available, for the bank’s critical risk models. Furthermore, the team will provide support on the model design, model methodology and regulatory compliance. This BRM department is part of the division Quantitative Risk Management (QRM) and the director of the QRM division is reporting to Chief Risk Officer.
Way of working
The senior Regulatory Capital Specialist will be part of a cross-functional team responsible for maintaining and enhancing the risk model backbone and ensuring that risk models are developed in line with the regulations. The goal is to provide a solid foundation for the development and use of risk models. The role involves supporting the regulatory capital modelling team with model design, model methodology and regulatory compliance. You furthermore support the model owner of the capital models and model developers how to deal with the regulation in complex situations and upcoming new regulations. You will be part of the model changes projects and regular model owners meeting.
Responsibilities
- Interpret and apply regulatory requirements and guidelines related to the A-IRB framework (PD, LGD, EAD, Maturity)
- Monitor changes in relevant regulations (Basel III/IV, CRR, EBA RTS/ITS) and assess their impact on model design, use, and governance
- Serve as a subject matter expert in A-IRB during regulatory projects, internal model applications (IMAs), and model change programs
- Collaborate with model development, validation, credit risk, compliance, and regulatory reporting teams to ensure A-IRB model compliance
- Support the preparation of regulatory submissions, including model documentation, self-assessments, gap analyses, and internal validation results
As a Medior Regulatory Capital Specialist, you will demonstrate strong leadership qualities, including the ability to bridge the gap between regulation and business needs, effectively manage stakeholder relationships, and drive continuous improvement within the regulatory compliance of A-IRB models.
What do you bring?
- Master’s degree in Finance, Risk Management, Economics, Law, or related quantitative or regulatory field
- 5+ years of experience in risk, regulatory compliance, internal audit, or credit risk modelling within banking or financial services
- Direct experience with A-IRB regulatory submissions, model validation, or supervisory reviews
- Understanding of regulatory developments such as TRIM, IRB Repair Programme, Basel IV/CRR3
- Experience working with ECB, PRA, or other national competent authorities is highly desirable
What do we offer?
This position is in hay 10 with a salary range between € 71065,23 and € 94753,64 gross annual fixed income (13th month and 8% holiday allowance included) and based on 36 hours workweek. In addition, you can count on;
- A 36-hour working week, to be flexible divided over the week
- Holiday allowance and a thirteenth month.
- 208.8 hours of leave based on full-time employment regardless of your age.
- A good collective pension scheme.
- Good work-life balance and we are flexible in working from home.
- Good opportunity to continue developing yourself.
About us
ASN Bank is an accessible and forward-looking bank with an eye for people, society and the future. We sustainably contribute to financial solutions for our customers while addressing Dutch societal issues. We pay particular attention to sustainability, financial wellbeing and good housing. As a bank, we combine the convenience of secure mobile banking with the power of personal advice. Thanks to our nationwide network of branches, we are also physically close by when it matters.
Will you become our new colleague?
Shape (y)our tomorrow, apply today at ASN Bank in [location]. Upload your motivation letter and CV, and we will get back to you shortly. The application process consists of two interviews and an assessment. For more information, you can contact Femke Kessler, corporate recruiter, via femke.kessler@asnbank.nl.
