We aim to lead by example in the bold decisions we make as a business, from where and how we invest, to the products and services we offer, and of course the workplace we create. We will search for new ways to work with people, communities and businesses, to always evolve with their needs. And we will never stop innovating to make sustainable, ethical choices easy and rewarding.

At Lloyds Bank GmbH we play an important part in peoples’ lives, by the products we offer, and also how we operate. We finance your mortgage, keep your savings secure and also provide you with a personal loan if you need this. In Amsterdam we do this with an enthusiastic team of approximately 200 colleagues from different nationalities, and with an engagement score of 93%, colleagues find us a real ‘Great Place to Work’!

With our grand ambitions, we are looking for new colleagues who will bring fresh ideas to help us grow!

What are we looking for?

We are looking for a Junior Credit Risk Modeller. The MDM team supports the bank with modelling activities and as a Junior Credit Risk Modeller you will work with senior team members who will help you building models. You will broad range of stakeholders outside the team, including the model owner (CRCU), the data team and the model validation team.

Which team will you be joining?

As a Junior Credit Risk Modeller you will be part of the Model Development and Monitoring (MDM) team, of 12 young professionals. The team is a diverse international team working mostly on credit risk models (AIRB and IFRS9) but also other models like fraud risk and stress and scenario testing.

Your accountabilities

  • Apply advanced statistical/technical methods in the development of credit risk models.

  • Support to ensure a reliable infrastructure, including models, data, control environment and compliance with internal policies and external regulatory requirements.

  • Use up-to-date model development standards and processes and ability to develop these further.

  • Build and manage effective relationships with colleagues in the wider Risk team and across partnering business functions (such as CRCU and validation functions, Finance, Customer Analytics and Risk Infrastructure)  .

  • Work pro-actively with IT and operational areas to drive forward and mitigate issues in the implementation and use of the models

Who are you and what do we ask from you?


  • You have a Masters’ degree in a relevant subject (econometrics, statistics, mathematics, engineering)

Experience & Knowledge

  • You are experienced in the credit risk modelling domain, either in a working position or an internship;
  • You have experience with programming languages such as Python, R and SQL.
  • You have a basic understanding of regulatory requirements regarding internal models for retail credit risk - internal ratings based approach (IRB) - such as CRR, relevant EBA Regulatory technical standards and EBA Guidelines.

Skills & Capabilities

  • You have a highly analytical approach to problem solving;
  • You have the ability to get things done under pressure, a hands-on mentality and you are pro-active;
  • You have excellent English communication skills both verbal and in writing and ability to demonstrate these skills effectively across all levels of the organisation.
  • You have the proven ability to work well within a team environment
  • You have proven data analytic skills

What's in it for you?

On top of being part of a great group of colleagues we offer you a position for 32 to 40 hours a week. This aligns with a compensation package in line with the market and excellent secondary employee benefits, including:

  • 13th month salary, either paid monthly or once a year in December
  • 30 days PTO (or 240 hours) per year (based on fulltime employment)
  • You can Swap Days to exchange Dutch National Holidays for another day of your choosing
  • Non-contributory pension scheme
  • You can join our collective medical scheme with a discount
  • To support our Green goals, we encourage you to purchase a bike via our bike plan
  • We want you to be healthy, so support you in joining a gym of your choosing through our sponsored (bedrijfs-) Fitness
  • Get to know everyone in person and join the quarterly Connection events

We value your work-life balance, so offer;

  • Flexible working: you can schedule your work hours to meet your personal needs
  • Hybrid working: you can work from anywhere, even work from another country within the EU
  • And provide you with a home office set up

Have we made you curious, and are you ready to join the team? Please introduce yourself to us in the best way possible and send this to: recruitment@lloydsbank.nl

A screening is part of the process.

We hope to meet you soon!

Apply now