Vacancy Details

The Company:

Our Client is 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:

• Undertaking in-depth assessments of models used by the group to ensure that the Group’s retail credit models remain regulatory compliant; to ensure that the on-going performance of these models remain appropriate to the Group’s needs.
• The Retail Model Review Team is responsible for the independent review of the Group’s retail credit models and methodologies ie PD EAD & LGD.
• Develop strong relationships with managers in the businesses and in analytics functions within the divisions:

     (i) through the development of high level standards for the        development and validation of models;

    (ii) the independent review and challenge of divisional model standards; model development, validation and documentation; and
   

    (iii) the provision of support and guidance to the business areas and act as an area of excellence by sharing best practice on modelling and validation techniques.

The Person:

•  An excellent academic record including a degree, preferably in a quantitative or finance subject (a Masters Degree would be advantageous.)
• Proven experience gained within retail credit including hands-on experience of predictive model development.
• Knowledge of a wide range of Retail Banking products.
• An understanding of relevant regulatory frameworks; particularly those applicable to Advanced Internal Ratings Based models.