Senior Credit Risk Modelling Manager - London

London, London
£65,000 - £90,000 per annum
26 Jul 2017
23 Aug 2017
Contract Type
Full Time
Senior Credit Risk Modelling Manager (IFRS9)
Central London
Up to £90k DOE + bonus and benefits

Client is a pioneering challenger bank; one of the fastest-growing and developing challenger banks in the industry it is already part of the FTSE250, experiencing impressive year on year growth. At the core of their values is a commitment to quality service as well as giving back to the communities they serve, they are truly an organisation you can be proud to work for.

The Role

In this diverse modelling role, you will be heavily involved in the development of business critical statistical credit risk models (Basel, IRB, scorecards, capital and impairment models). This is an exciting opportunity to take part to an amazing project, developing IFRS9 and AIRB compliant models.

Key accountabilities:

* Support the development of the models (PD, LGD, EAD), the implementation of model monitoring, calibration and stress testing.
* Create relationships with a number of senior managers and key decision makers from across the business on a daily basis.
* Full ownership and presentation responsibility for the work you do and the models you develop.
* Bring a wide berth of knowledge of statistical software, coding knowlegde, credit risk/credit analytics techniques using SAS.
* You will need to be able to get stuck into the role immediately focusing on various aspects such as organizational and behavioural scorecards, impairment model (IFRS9), AIRB models, model monitoring and model documentation.

Candidate Specification:

* Educated to degree level in numerical/quantitative field e.g. Maths, Economics, Statistics, Physics.
* Existing experience in multiple and varied credit risk modelling roles.
* Experience with credit risk modelling under IFRS9 framework.
* Proficiency in SAS, SQL, Excel and preferably FICO Blaze as well.
* Proven managerial skills.
* Have undertaken a variety of credit risk roles within the financial services working on multiple products and lines.

Keywords: credit risk modelling, IFRS9, IRB, AIRB, PD LGD EAD, SAS, retail banking, challenger bank, Managerial