StressTestingModellingManager - RetailBanking - £75,000-£85,000Hybrid working model - 2 days in the office - LondonAn exciting opportunity has come up to be part of a growing 2nd line risk team within one of the leading challenger Banks in the UK.
This Bank have gone from strength to strength in the last few years and are seeing consistent growth in line with their strategy.
This is a newly created role to help future their team.Based in the Model Development team, the StressTestingModellingManager will develop, monitor and maintain optimised models for credit risk and capital purposes, coordinating effort across the Credit Risk and Finance functions of the organisation.
The role will work closely on a daily basis with Finance including taking responsibility for undertaking stresstesting (ICAAP Pillar 2A and 2B model development and execution), impairment forecasting within the Corporate Plan and macro-economic timeseries modelling.
The individual will also support monthly other team-wide objectives such as the execution of the Bank’s IFRS 9 models and developing second and third generation IFRS 9 models.
The role will provide analytical insight to help inform enhancements to strategy through the use of modelling and forecasting techniques.
The StressTestingModellingManager will also be expected to develop a deep understanding of core systems including contributing towards the development of a Group Data Warehouse, to extract, manipulate and convert data into actionable analytics.You will need to come with:
A strong understanding of the Credit Risk with extensive relevant experience in developing Credit Risk Models, including:
Data extraction and pre-processingModel development experienceUser Acceptance Testing knowledgeModel Performance assessment (monitoring)Significant experience of undertaking stresstesting and forecasting exercisesThorough understanding of IFRS 9 model requirements and development experienceStrong mathematical and statistical background, knowledge of statistical modelling techniques.Significant experience of using SQL & SAS (macros, scoring / simulation engines etc, Strong written and verbal skillsIf you are interested in this position, then I would love to discuss it further with you.If you have the stated experience and would like to find out more then please apply or contact me at Richard.williams@broadgatesearch.com LinkedIn WestMidlandsEngland
