Senior Manager Data Scientist – Retail Models CoE

📈 Learning and growth

• Monthly reserved time for training. You choose what for your role.
• We do peer mentoring and monographic sessions on topics of general interest.
• Extensive training plan in the area: skills, finance, technical tools, external training, team workshops...

Excited to grow your career?

BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.

Organizational location: Belongs to the Data & Analytics area within the GRM (Risk Management) function.

Type of service: Cross Service - provides transversal support to various areas through the development and maintenance of risk models and parameters for individual, private, and self-employed portfolios.

Area Mission:

The main responsibility of this unit is the development and maintenance of statistical and analytical models that allow for the measurement and management of credit risk across the bank's different individual portfolios. This includes:

• Risk models, with a focus on improving the efficiency and effectiveness of credit origination, monitoring, and recovery processes.
• Risk parameters (PD, LGD, EAD), macroeconomic models, and auxiliary models necessary for the calculation of accounting provisions under IFRS9 regulations.
• Risk parameters (PD, LGD, EAD) and auxiliary models necessary for the calculation of the Group's regulatory and economic capital.

Therefore, this work has a direct impact on the business and directly affects the entity's profit and loss account and balance sheet, so it is considered a fundamental team within the group.

Work is also carried out with the different risk, business, and finance areas regarding the use of these models in management. And finally, the performance of these models is monitored.

The selected candidate will join the Retail Models CoE Unit of Data & Analytics of GRM Spain, responsible for the development and maintenance of the risk models and parameters applied to the Bank's individual portfolios. Although rotation between the different knowledge areas of the Area is encouraged, they will initially be part of the Risk Parameters team.

Among the main functions are:

• The development of models for the calculation of parameters (PD, LGD, CCF, among others).
• The maintenance of the same, performing backtesting exercises or recalibrating.
• The implementation of new methodologies, or the development of improvements to existing methodologies.
• Providing support in the reviews carried out by the various control layers, both internal and external.
• Liaising with other areas affected by the developed models (Finance, Risk, Business, Engineering, etc.).

🧭 Organization and work dynamics

• We organize by projects, adjusting planning to the committed deliverables.
• 30-min Dailies to align the team.
• Meeting-free Wednesdays across all GRM Spain to encourage individual work.
• Weekly meeting to establish planning, review project status, and priorities.

🌍 International environment and collaboration

• We do not usually have meetings in English, except in specific cases with the ECB or in some collaboration with Turkey.
• Coordination and direct work with the Holding Discipline and Standards teams. Coordination with the different stakeholders involved in the E2E of credit risk models: risk teams, implementation teams, business, finance, control layers (AI and VI)...
• Coordination with the different stakeholders involved in the E2E of credit risk models: risk teams, implementation teams, business, finance, control layers (AI and VI)...

💬 Communication and culture

• Monthly Retail Models CoE team meeting (with all collaborators).
• Monthly GRM D&AA department meeting.
• Team dynamics, such as going out to lunch together (for example, taking advantage of monthly meetings).
• Turning on the camera in meetings is considered good practice.
• New to Risks Spain? Onboarding with information and a welcome pack where you will have brief information about each area.

⏱️ Work-life balance and well-being

• Real flexible scheduling: you organize your work with yourself / with your colleagues.
• Possibility of organizing the working day to be able to drop off / pick up children from school, adjusting work before or after.
• Coverage during vacation periods between colleagues.
• Organize as you wish: 60% on-site / 40% remote work.
• You can accumulate presence days to have clearer school vacation periods.

• Analysis, Autonomy, Communication, Prioritization, Problem solving, Decision making.

Client Orientation, Empathy, Ethics, Innovation, Proactive Thinking