Description
My client is currently looking for an consultant to develop a statistical model that would be able to automatically validate/invalidate the overdraft authorisation on credit limits. Proven experience in development of such models and a strong and academic knowledge in theoretical statistics and machine learning are required.
Engagement Details:
Start date: End of April/Early May
Duration: To be estimated by the proposed candidate based on the above
Location: On site in Luxembourg (full-time)
Accommodation Provided
Ideally French and German speaking (not essential)
Objective:
Develop a model that is optimised based on three constraints:
- Decrease manual Overdraft Flags volume;
- Minimize related risks; and
- Maximize related income.
Inputs:
Data listed below will be available for input of the model:
- Past Overdraft Flag validations/denials
- Historic view of account balance
- Historic view of Assets under Management for all contracts linked to the client
- Client's personal details (age, nationality, country of residence)
- Scoring retail (internal rating of the client)
- Transactional activity and many more if considered as relevant