Vacancy Details

The Company:

Our Client is a subsiduary of one of the world's leading Financial Services providers and has global operations.

The Group operates under a number of well known brands and it's product range includes Retail Banking, Wealth Management, Corporate Markets, Global Banking Markets and Insurance.

The Role:

• Develop capital and operational scorecards for Retail portfolios, comprising mortgage, current account, loans and credit cards in consumer and small business sector to include:

1. Definition of Terms Of Reference
2. Development of project plans
3. Model build and validation
4. Model Documentation

• Satisfaction of compliance and governance controls
• Monitor model performance, to include:

1. Production and monitoring of model KPIs
2. Conducting recalibration and recommending redevelopments as necessary
3. Ongoing certification of model performance

• Provide expert technical support to the business, to include:

1. Evaluation of operational strategies based on Basel 2 measures
2. Present options to Senior Management in Risk and other functions; articulate the pros and cons

• Represent Risk at various technical fora

The Person:

• Experience managing technical teams
• Ability to lead and coach analysts
• Highly numerate, educated to post-graduate level, ideally with an Msc or PhD in a relevant discipline
• Understand the importance, use and value of complex statistical and quantitative methods
• Awareness of key regulatory requirements, relevant to capital and operational risk modelling
• Advanced programming and modelling skills in SAS
• Advanced PC skills
• Extensive risk modelling experience, to include:

1. Operational (application and behavioural scorecards) and capital (Basel 2) models
2. At least 3 years practical experience of developing, delivering and supporting sophisticated risk models, tools and methodologies in a business environment.

• Well developed understanding of the concepts of risk – preferably gained through experience within the business or financial markets area of a financial institution.
• Ability to plan own work and prioritise tasks
• Proven analytical and problem solving skills