IRB Credit Risk Modeling Expert

The most important points in a few sentences

We are a leading Credit Risk team in the Central European market, specializing in credit risk management and supporting financial institutions in the implementation of modern technologies. We collaborate with top-tier banks, insurance companies, and investment funds on projects across Europe and beyond, including the UK and the US.

Our team combines deep technical expertise with strong regulatory knowledge. We have extensive experience in both the development and validation of IRB models and have supported banks in addressing complex regulatory findings. In addition to contributing to international EY engagements, we also lead our own end-to-end projects across the region.

Your role in the team

In this role, you will work on projects focused on credit risk management within the IRB framework, ensuring full compliance with regulatory requirements.

You will have the opportunity to:

• Contribute to the development, validation, and implementation of advanced IRB models (PD, LGD, CCF).
• Work on high-impact projects for leading global financial institutions.
• Participate in international engagements and collaborate with cross-border teams.
• Help shape modern approaches and solutions in credit risk.

This is a role where your work has a direct and tangible impact on how major financial institutions manage risk. We value collaboration, knowledge sharing, and a strong analytical mindset, while providing space for deep technical expertise and independent work.

“Every day, we work on projects related to credit risk modeling with a strong focus on meeting IRB regulatory requirements. We are an international team with unique know-how, and we’ve been involved both in the development and validation of IRB models, as well as in the remediation of regulatory findings. Beyond supporting international EY projects, we also lead our own development and validation engagements, both locally and abroad. Joining our Credit Risk team means working on impactful projects that truly make a difference. You’ll have the opportunity to be part of initiatives that drive meaningful change in major financial institutions.”

— Tomáš Němeček, Partner, Credit Risk Team

What matters to us

Experience and qualifications:

• Approximately 5+ years of experience in IRB model development or validation
• Strong experience with PD models (experience with LGD and CCF is a plus)
• Solid understanding of IRB regulatory frameworks
• University degree in a quantitative field (e.g., statistics, econometrics, mathematics)
• Python (Pandas, NumPy, Scikit-learn)
• SQL
• Knowledge of SAS or R is an advantage

Additional attributes:

• Strong command of English (due to international project exposure);
• Czech language is an advantage, but not a requirement;
• German language is an advantage, but not a requirement;
• Ability to independently analyze complex problems and propose practical solutions;
• Proactive mindset and strong analytical thinking;
• Strong collaboration skills and a good team fit, with a focus on long-term cooperation.

How we will reward you

We offer a competitive salary based on your experience, plus a performance-based bonus, along with a range of benefits you’ll truly appreciate. Here are some of them:

• Time off: 6 weeks of vacation to recharge and take a well-deserved break.
• Benefit points: CZK 30,000 annually via Cafeteria, which you can spend as you like – for example on a Multisport card, gifts, or leisure activities.
• Professional development: You’ll continuously learn and grow your skills with us. We offer structured development programs and a wide range of training opportunities. You’ll have access to Coursera, language courses, as well as mentoring, counseling, and internal coaching.
• Company iPhone for both business and personal use.
• Employee discounts: Enjoy special offers across a wide range of services, including Fruitisimo, Sushi Time, optics stores, the BodyBody fitness centre, and more.
• Health & wellbeing: Access online medical consultations via uLékaře.cz, take part in wellbeing programs and workshops, and benefit from life insurance fully covered by the employer.
• Working environment: We are a highly analytical, technology-focused team with a strong interest in solving complex problems. You’ll find colleagues with a similar mindset, open knowledge sharing, and a balance between collaboration and focused individual work.

What to expect after submitting your application

The selection process consists of two stages:

• Online interview with HR (alignment of expectations).
• In-person meeting with managers (technical discussion and project experience).
• You can expect feedback within approximately one week after the interview.

If you would like to learn more about the role or the team before applying, we would be happy to connect for an informal call or a coffee.