**Location:** MEXICO CITY, Mexico City, MX **Category:** Risk and Credit **Requisition ID:** 118838 **Retail Parametric Risk Manager** **(Mexico City, CDMX)** At Banorte, we seek unique, strong, and extraordinary talent that drives the transformation and innovation of the country, turning us into a great ally to grow strong with Mexico. We are convinced that the combination of solidarity, innovation, respect, loyalty, and responsibility is the perfect formula to become the best team in the financial sector. **Position Objective:** Development and programming of internal expected loss models for retail portfolios Every day you will face **new and interesting challenges** within your role, in which you will be responsible for: * Managing the Internal Models Certification Project (reserves and capital) with an integrated Risk–Business vision * Applying mathematical and statistical knowledge, as well as programming skills, in the implementation of internal expected loss models, along with their respective documentation. * Being responsible for implementing stress tests by establishing assumptions aligned with the nature of the exposure and the time horizon required by CNBV to manage different types of risks under adverse conditions * Presenting information and reports generated from the production deployment of Internal Models to senior management * Monthly monitoring of the loss coverage ratio following the implementation of the comprehensive Internal Models project * Participating in recalibrations of Internal Models, both with development teams and involved risk areas * Being responsible for properly training personnel related to the application of the Internal Methodology to achieve effective implementation * Handling various audits conducted by internal validators, external validators, and regulators **Requirements:** * Professional education: Actuarial Science, Applied Mathematics and Computing, Data Science, Economics, or related field. Degree holder. * Professional experience: 0\-2 years of experience. * Areas of experience: Statistical knowledge, strong analytical ability, solid programming skills, preferably SAS and/or SQL, desirable Python or R, as well as Unix commands for data manipulation on servers. * Required knowledge: Teamwork, strategic planning, analytical reasoning * Languages: Intermediate English * Travel availability: **not required** * Relocation availability: **not required** At Banorte, we operate under a principle of equal opportunity. Therefore, we do not discriminate based on age, ethnicity, nationality, gender, sexual orientation, marital status, social condition, health status, religious beliefs, political doctrine, or disability.