Join a leading global investment bank and financial services institution in Tokyo as a Credit Risk Model Developer, specialising in internal rating methodologies, quantitative credit risk models, and corporate credit risk frameworks.
Working as part of an international methodology team, you will develop and enhance internal credit rating models, statistical risk methodologies, qualitative assessment guidelines, and governance frameworks used for corporate credit evaluation.
This is a highly quantitative role combining statistical model development, credit risk analysis, programming, regulatory engagement, and IT implementation. You will oversee model development projects from statistical research and methodology design through to implementation and governance, working closely with global Risk Management teams and regulatory stakeholders.
The position operates across major international financial hubs and uses English as the primary working language. Japanese fluency is not mandatory, making this a particularly attractive opportunity for experienced credit risk and quantitative professionals who have worked in Japan and want to build their careers within a truly global banking environment.
Key Responsibilities
- Develop, enhance, and maintain statistical internal credit rating models used for corporate credit risk assessment.
- Design and improve qualitative assessment guidelines supporting internal corporate credit evaluations.
- Oversee quantitative model development projects covering methodology design, statistical research, validation considerations, and implementation.
- Conduct statistical analysis and quantitative research to improve the performance and reliability of credit risk scoring methodologies.
- Apply quantitative programming skills, including Python and SQL, to model development, analysis, testing, and related processes.
- Coordinate the IT implementation of credit risk scoring models and methodologies into relevant banking systems.
- Work closely with global Risk Management teams to ensure internal rating methodologies remain appropriate, robust, and aligned across international operations.
- Liaise with relevant regulatory bodies regarding internal rating methodologies, model governance, and regulatory expectations.
- Develop and maintain corporate credit risk frameworks supporting consistent risk assessment and decision-making.
- Draft technical governance policies, methodology standards, and documentation for internal rating models.
- Prepare materials and technical documentation for relevant risk and methodology committees.
- Lead cross-functional alignment initiatives involving Risk, quantitative teams, technology functions, and international stakeholders.
- Coordinate with colleagues across global financial hubs to drive consistent methodology and governance standards.
- Mentor junior quantitative developers where applicable and contribute to the broader development of the global methodology team.
Required Skills and Qualifications
Experience:
- Professional experience in quantitative credit risk management, credit risk model development, rating agency analysis, or credit risk consulting.
- Advanced hands-on experience developing statistical or quantitative models.
- Strong quantitative programming capabilities using tools such as Python and SQL.
- Experience working with credit risk methodologies, corporate credit assessment, internal ratings, or related quantitative risk frameworks.
- Ability to conduct statistical research and translate quantitative findings into practical risk methodologies.
- Experience working with technical model documentation, governance requirements, or quantitative methodology standards.
- Experience collaborating with risk management, technology, regulatory, or other cross-functional stakeholders.
- Previous professional experience working in Japan is required.
- More than 3 years of relevant professional experience.
- Bachelor's degree.
Soft Skills:
- Strong analytical ability and confidence working with complex quantitative and credit risk problems.
- Excellent problem-solving skills with the persistence to investigate and resolve technically challenging issues.
- Strong project management capabilities for coordinating model development and implementation initiatives.
- Ability to operate effectively and independently within a highly international environment.
- Strong cross-cultural communication and collaboration skills.
- Ability to coordinate stakeholders across different functions and international locations.
- Comfortable working with a high degree of strategic independence and ownership.
- Ability to communicate complex quantitative concepts clearly to technical and non-technical stakeholders.
Language Requirements:
- English: Fluent / Full professional proficiency
- Japanese: Basic level acceptable; Japanese fluency is optional
- Japan experience: Previous professional experience working in Japan is required
Preferred Skills & Qualifications
- Experience developing internal rating models or corporate credit scoring methodologies within a bank or financial institution.
- Experience with quantitative credit risk frameworks in investment banking or financial services.
- Background in credit rating agency analysis or specialist credit risk consulting.
- Experience interacting with financial regulators regarding credit risk models, methodology, or governance.
- Experience implementing quantitative models into production or banking IT environments.
- Experience developing technical governance standards, model methodology documentation, or risk committee materials.
- Exposure to international or cross-border credit risk methodology projects.
- Experience mentoring junior quantitative or model development professionals.
About the Company
Our client is a leading global investment banking and financial services institution with an international approach to risk management and financial markets.
Its risk organisation brings together specialists across major global financial centres, creating a collaborative environment where quantitative expertise, international perspectives, and rigorous risk methodologies support strategic decision-making.
The Credit Risk methodology function plays an important role in developing the models and frameworks used to assess corporate credit quality and strengthen risk management across the organisation.
Why You'll Love Working Here
- Shape core credit risk models and internal rating methodologies for a premier global financial institution.
- Take ownership of high-impact quantitative risk framework development in a global and autonomous team.
- Work across statistical modelling, quantitative research, methodology, governance, regulation, and IT implementation.
- Collaborate with Risk Management professionals and quantitative specialists across major international financial hubs.
- Work primarily in English within a genuinely global environment.
- Japanese fluency is not required, opening the position to international professionals with previous working experience in Japan.
- Enjoy significant strategic independence in defining and developing your areas of focus.
- Benefit from an environment offering strong work-life balance.
- Access remote/WFH and flexible working arrangements.
- Receive a competitive compensation package.
Don't Miss Out - Apply Now!
