Credit Risk Modeler (Resident in Malta or Hold an EU Passport)
Overview:
We are seeking a motivated a Credit Risk Modeler to join our Credit Team. This is an exciting opportunity for an Entry Level Credit Modeller to learn Development and Monitoring of Credit Card Models that support key business decisions across our lending and portfolio management.
As a Credit Risk Modeller, you will develop and maintain models such as probability of default and customer value. Working closely in partnership with other modellers and cross-functional teams you’ll apply statistical techniques and data analysis to help assess and manage credit to drive business performance.
This role offers excellent exposure to real-world modelling practices in a highly regulated industry, with opportunities to grow your skills in analytics, programming and financial management.
Role Description:
- Assist in Developing and maintaining models for Credit Portfolios, including Application Scores and Behavioural Scoring.
- Work with deployment teams to support new models, and assist Strategy Teams in using of these models.
- Support Analytical Tasks related to Modelling.
- Assist in Monitoring / MI to assess the impact and performance of risk decisions / models and deliver accurate, logical and insightful commentary alongside the MI.
- Have a keen eye for detail to ensure that any issues and/or concerns are effectively communicated.
Skills & Experience:
- Modelling / Analytical Background.
- Prior Coding experience in any of the following Programme Languages: SAS, SQL, Python or R (Python scikit-learn / statsmodels linear and logistic regression modelling experience is a plus).
- Reviewing and Analysing Data and Draw thorough conclusions.
- Effective Communication Skills.
- Bachelor’s or Master’s Degree in a Quantitative Field.
Being open to different points of view is important for our business and the communities we serve. At Novum, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.
Benefits
- Excellent Salary
- Private Medical Insurance
- Annual Bonus
Skills Required
- Resident in Malta or hold an EU passport
- Modelling or analytical background
- Prior coding experience in SAS, SQL, Python or R
- Experience with Python scikit-learn or statsmodels (linear and logistic regression)
- Ability to review and analyse data and draw thorough conclusions
- Effective communication skills
- Bachelor's or Master's degree in a quantitative field
- Entry-level (early career) suitability
What We Do
Novum Bank Limited is a private credit institution that operates under, and applies, the European Union banking regulatory framework. The bank is licensed and regulated by the Malta Financial Services Authority (MFSA) to operate outside Malta. The bank has two lines of products, micro-lending and card/store value. Novum Bank Limited operates in the micro-loans business through its brand Cashper, one of the leading players in the market. Currently Cashper is active in Spain, Germany, Austria and France. Novum Bank Limited has also a principal membership with MasterCard® to issue any product from the MasterCard® set of products. The bank launched its Money2Go MasterCard® in Germany in 2013 and in the Netherlands in 2015. In addition, Novum Bank Limited also manages a number of programs for strategic partners including companies such as Blackhawk in Germany. Novum Bank Limited makes financial products easily available through multi channel distribution and easy to follow processes and steps, both for consumers as well as for businesses. At Novum Bank we are committed to ‘Values’ that lead to Great Work! Here you will not only join something, but you will also add something! Discover how you can make an impact, build yourself an exciting new career, while working in a multi-national environment. Our ‘Career Opportunities’ are endless whatever your background / skills, our corporate aim is to deliver best in class ‘Customer Service’ but equally in a challenging workplace where individuals feel empowered to reach their personal best and thrive. Explore a collaborative culture, growth and originality supported by suitable resources where everyone is important. Coupled with a great office environment you will have the capability to explore Malta and all the varied experiences it has to offer.
