Senior Risk Data Engineer (Definition of Default)

At NN Bank, we are looking for a highly skilled Risk Data Engineer to join our Model Factory team. This team is responsible for the platform infrastructure, ML Ops way-of-working and historical data collection, supporting the risk modelling activities. As a key member of the team, you will be responsible for the implementation of governed software modules (called calculators), that are used in various applications in our Risk & Finance domains. Examples are definition of default, collateral indexation, RWA calculation, etc. The job covers gathering business requirements, writing a functional design, code implementation, functional and technical testing, and documentation of the activities. If you have experience governed calculators in the Risk & Finance domains, can write production-ready code, and enjoy working in a dynamic, collaborative environment, we strongly encourage you to apply for this exciting position.

What you’re going to do

As a Senior Risk Data Engineer, you will be responsible for translating business requirements for Risk & Finance calculators in production-ready code. The main activities that relate to this responsibility are:

• Collecting, interpreting and challenging business requirements from the end-user stakeholder of the governed calculator
• Translate and document the requirements into a functional design, supporting the implementation
• Implementation in PySpark code using our Databricks platform: Model Factory
• Performing the necessary functional and technical tests to confirm the working and technical performance of the calculator and document the outcome
• Make sure all deliverables are reviewed, approved and stored using GIT version control software
• Hand-over to the platform ops team to support the deployment and production release in the corresponding applications
• Support the end-user or internal/external validators in understanding the conditions for use, the working and interpretation of the result of the calculation
• Staying up-to-date with the latest developments in data engineering, IT capabilities, and regulatory requirements relevant to banking and the Dutch mortgage portfolio

Who you will work with

As a member of NN Bank's Data Management Office (DMO), you will work in the CRO domain, where our goal is to collect and deliver high-quality data to our customers in the finance and risk domain for risk modelling and formal reporting. The department is comprised of multiple DevOps teams responsible for managing the current formal reporting processes, as well as teams building a new data foundation for NN Bank.

The Model Factory teams within DMO work closely with the other model development, model validation and risk management departments in CRO to fulfil the bank’s regulatory requirements and internal ambitions to become a data driven A-IRB bank. Our team consists of a diverse, international group of individuals with varying backgrounds and areas of expertise. We frequently organize social events and gatherings to stimulate team bonding and connection outside of work. These events help us to grow as a team, enhance collaboration and stimulate a positive work culture.

Would you like to know more about what it’s like to work at NN? Follow us on social media at @nncareers for an inside look at our company.

What we offer you

NN invests in an inclusive, inspiring work environment and in skills and competences for the future. We match this with employee benefits that are in line with what is needed today and in the future. This way, we offer our employees the opportunity to get the best out of themselves. We offer you:

• Salary between €5,597 and €7,996 based on 36 hours per week (40 hours is also possible) and depending on your knowledge and experience 
• 13th month and holiday allowance are paid with your monthly salary
• 27 vacation days for a 5-day working week and one Diversity Day
• A modern pension administered by BeFrank
• Plenty of training and learning opportunities
• NS Business Card 2nd class, which gives you unlimited travel, also privately. Do you prefer to travel with your own transport? Then you can declare the kilometres travelled
• Allowances for setting up your home office and for internet use

We work hybrid at NN. Together with your team, you decide where, how and when you work. The official location of this job is The Hague.

Who you are

You have strong analytical skills and can see the big picture. You have excellent communication skills to connect with different stakeholders and make complex matters accessible and applicable in practice.

You also have a Bachelor’s or Master’s degree in Economics, Finance, Information Systems or a quantitative field. And at least 3 years of relevant working experience in the financial industry sector (experience with mortgage products is preferred).

Additionally, you have the following qualifications:

• At least 5 years of proven experience with Azure Databricks, PySpark, and GIT workflow using Azure Devops (qualifications are preferred)
• Knowledge of regulatory and business requirements for Risk & Finance calculators. Definition of default in particular
• Professional communication skills in English (written and verbal), with the ability to communicate with (senior) management and the regulator
• Attention to detail and ability to identify code deficiencies or performance improvements
• Experience with DevOps and/or MLOps way of working, including development, testing, and deployment of Risk & Finance calculators

Will you be our new colleague?

If you are enthusiastic about this vacancy and think that you would be a good fit for the team at NN, we would like to invite you to apply. We are very keen to find out who you are, what motivates you and what you can contribute to this role at NN.

Please note; we are looking for candidates who currently reside in The Netherlands. For this role there is no relocation budget allocated. 

Any questions?

If you have any questions about the job, you can reach out via mail to Jaap Bosch, Manager via jaap.bosch@nn.nl. Any questions about the process can be directed to Danitscha Vrolijk – Mahadew, Senior Talent Acquisition Specialist via danitscha.vrolijk.-.mahadew@nn-group.com.

This is a permanent position. A candidate will receive a contract from NN and we are not open to interim/freelance assignments and/or candidates or recruitment agencies. Thank you very much for your understanding. 

We bieden je

• NS Business card, ook privé te gebruiken
• 27 vakantiedagen en 1 Diversiteitsdag
• 13e maand en vakantiegeld
• Hybride werken