What does this job entail?
As a Quantitative Risk Modeller, you help KBC measure how credit risk evolves under adverse macroeconomic scenarios. You develop and improve group-wide stress testing models and help turn their results into reliable insights for risk management and decision-making.
Your role covers the full modelling cycle: from quantitative analysis and model development to implementation in KBC’s risk infrastructure and the interpretation of results with risk experts and other stakeholders.
The Risk Modelling team supports KBC Group and works across borders. You collaborate with colleagues and risk experts in several of KBC’s core markets, including Belgium, the Czech Republic, Slovakia, Hungary and Bulgaria. Working and communicating effectively in an international context is therefore an important part of your role.
Your initial focus is Credit Risk Stress Testing. Over time, there may also be opportunities to broaden your expertise towards other risk domains, such as market risk, insurance risk or climate-related risks.
What do we expect from you?
- You develop, maintain and improve group-wide credit risk stress testing models.
- You work with ICT colleagues to implement models in KBC’s risk infrastructure.
- You analyse model results and support risk managers in interpreting and using them correctly.
- You work closely with internal validation teams, risk experts and other stakeholders across different countries within KBC Group.
- You incorporate new insights and requirements into existing models and modelling approaches.
- You document your work clearly and present your analyses and conclusions to senior management.
Your key strengths?
- You have a master’s degree or PhD in mathematics, physics, civil engineering, economics or another relevant quantitative field.
- You enjoy quantitative modelling and solving complex analytical problems.
- You can explain technical concepts and model results clearly, without unnecessary jargon.
- You communicate fluently in English and collaborate easily with colleagues and stakeholders from different countries.
- You work confidently with Python. Experience with cloud development, large datasets, machine learning or financial models is a plus.
- Experience with credit risk, stress testing, model validation or ICAAP/internal capital frameworks is an asset, but not a requirement.
- You are curious, take initiative and enjoy working with others to find pragmatic solutions.
- You combine analytical rigor with an eye for how models and their results are used in practice.
What can we offer you?
- You can count on an excellent onboarding and a collegial working environment within an international team where different perspectives are valued.
- Throughout your career at KBC, we encourage you to keep developing both professionally and personally. You can follow training courses to further sharpen your hard and soft skills.
- Flexible working hours help you combine work and your private life.
- We offer you a permanent contract and a competitive salary complemented by attractive fringe benefits. Sounds familiar? Of course, you'll find that in every job posting. KBC makes the difference with an extensive flexible benefits package. Too extensive to cover here. We would be happy to discuss the various benefits, both large and small, with you during your interview.
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Our offices are easily accessible by public transport. You can also work partly from home if you wish.
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Flexible working hours help you achieve a healthy balance between your professional and personal life.
Can you help us make the difference?
What makes this role unique is that you develop and implement models, then discuss the results with decision makers. You see your work make a direct difference to the bank.
Tristan Vandevelde
Respect and inclusion are core values at KBC. We believe that the individuality of our employees and the diversity of our teams are key to achieving great things. That’s why we recruit new employees based on talent and motivation, regardless of their background or story.
We work closely together to be the reference in the financial sector by innovating, greening and connecting. Interested in joining a ‘Top Employer’ and contributing to new ideas and solutions that help our customers and society move forward?
If this ticks all your boxes, apply now so we can get to know you. And if there are any specific things you’d like us to consider in your application, please let us know. We look forward to hearing from you soon!
