Vacancy Details

The Company:

Our Client is one of the leading Retail Banks in the UK.

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:

• Validate and regularly review Retail Division credit risk models to agreed standards
• Contribute to the development of Divisional model development, model monitoring, validation and stress testing standards and ensure that all projects are run in accordance with the required standards
• Manage a small team of staff with expertise in model development, statistical techniques and BIPRU compliance
• Produce validation reports on new Retail Division credit models to the agreed standards. To complete the annual review of Retail Division rating systems within agreed timescales
• Contribute to the enhancement of development and monitoring methodologies used in rating systems within Retail Division, including appropriate statistical techniques
• Advise on the compliance of credit rating models with BIPRU and Group Credit Policy
• Represent Divisional Risk on projects which involve the use or development of credit rating system models
• Liaise between Retail Division business units and modelling teams and Group Credit and ensure a consistent approach to Basel across the Division

The Person:

• Strong academic background (preferably MSc or equivalent)
• 3+ years of risk modelling experience including the development of Basel rating models for retail asset classes
• Very strong understanding of Basel II requirements and the underlying conceptual framework
• Results oriented and focused on delivering business impact
• Good stakeholder management and presentation skills (written and verbal)
• Good project management skills