Model Risk Management Specialist
As a Model Risk Management Specialist at ASN Bank in Utrecht, you safeguard the integrity of our model landscape and drive regulatory excellence making a real impact on risk, compliance, and sustainable banking.
What will you do?
As a Model Risk Management Specialist at ASN Bank, you are at the heart of our Model Risk Management Cycle. You ensure our financial models are reliable, explainable, and fully compliant with ECB, EBA, and IFRS9 standards. Working across the 1st and 2nd lines of defence, you translate complex regulatory requirements into practical governance contributing directly to a bank that puts people and society first.
Your responsibilities:
- Oversee the Model Risk Management Cycle, including model identification, risk assessment, and risk response, while maintaining the central model inventory and lifecycle governance
- Translate ECB, CRR, EBA and IFRS9 guidelines into internal model policies, standards and procedures, ensuring full regulatory compliance
- Plan, monitor and report on model risk, managing model-related issues and remediation actions through our risk mitigation and control framework
- Actively engage in model development, review, implementation and application, covering credit risk, market risk, interest rate risk, AI and anti-financial crime models
- Serve as a key liaison with internal and external auditors, the Joint Supervisory Team, and model stakeholders across the organisation
This is where you'll work
You'll join a skilled and collaborative MRM team that values learning, accountability, and meaningful impact. We support each other's growth, celebrate wins together, and come to the office regularly to connect and align.
Your qualities
You are an analytically sharp and driven professional who combines deep regulatory knowledge with a collaborative mindset. You communicate complex model risk topics with confidence, engage effectively with diverse stakeholders, and take ownership of quality and compliance without losing sight of the bigger picture.
What you bring:
- Master's degree in a quantitative discipline (e.g. Mathematics, Econometrics, Finance or Economics)
- Minimum 3 years of experience in model risk management or CRCU within a financial institution
- Strong knowledge of regulatory frameworks: CRR, ECB, EBA, Basel and IFRS9
- Affinity with models related to credit risk, market risk, interest rate risk, AI and anti-financial crime
This is what you get from us
This position is in scale 10 with a salary range between €72,308 and €96,411 gross annual fixed income (13th month and 8% holiday allowance included) and based on 36 hours workweek. In addition, you can count on:
- A flexible 36-hour work week, for example 4x9, with the option to work from home
- 208.8 hours of leave based on full-time employment regardless of your age
- An excellent collective pension scheme
- €750 per year for personal development (can be saved up to €3,000)
- Every 5 years a budget of €900 to furnish your home office
- NS Business Card for public transport and a compensation per km if you cycle to work
View all our employment conditions here.
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.
Become our new colleague
Shape (y)our tomorrow, apply today at ASN Bank in Utrecht. 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 Vera Reidinga, corporate recruiter, via vera.reidinga@asnbank.nl
