Credit risk officer M / F

Our client is a famous European institution located in Kirchberg in Luxembourg. They are looking for a Credit risk officer M / F for a temporary assignement of 2 months (with the possibility to extend the assignment until 12 months).

The (Associate) Risk Management Officer - Credit Risk Quantitative Analyst supports the development, implementation and maintenance of the bank's credit portfolio models, including structured credit portfolios.

Key accountabilities :

• Support the development, enhancement, and maintenance of the Unit's credit portfolio and structured credit portfolio models and calculation engines, contributing both to technical implementation and methodological refinement.
• Independently extract, query, clean, transform, and structure data from IT systems; perform data analysis, interpret results, and draw meaningful quantitative conclusions.
• Contribute to the design, development and implementation of statistical, predictive, and Monte Carlo-based models.
• Perform portfolio and risk analyses using quantitative techniques to support decision‑making and risk measurement.
• Convert Excel‑based calculations into Python or other analytical languages, and support the automation, optimisation, and integration of these processes into production systems.
• Execute and analyse scenario‑based assessments, including stress tests and sensitivity analyses using credit portfolio calculation engines.
• Contribute to ensuring methodological and data consistency across different risk calculations, contributing to a coherent and holistic risk‑measurement architecture.
• Prepare, maintain, and improve documentation covering methodologies, model assumptions, processes, and analytical procedures to ensure transparency, reproducibility, and governance compliance.
• Collaborate effectively with modelling teams, IT, and other teams across the Group. Communicate quantitative findings clearly to technical and non‑technical audiences.

Reqyuired background :