Our Client is a major UK retail Bank. Following continued growth it is seeking to enhance and strengthen its' risk department. Thus it is looking to recruit 2 Managers within Group Credit for Analytics Modelling based in Scotland.

Reporting into a Senior Manager, Group Credit for Analytics & Retail you will:

• Develop and apply first class credit analytic techniques for the production of rating tools
• Contribute to the oversight, development and implementation of credit analysis tools used within the Group
• Support the Group in its' progress towards capital benefits achieved under BIS II IRB approach
• The development of regression based credit rating models
• Liaise with divisional credit risk teams to integrate developments into routine production/use within business areas
• Development of stochastic cashflow based rating approaches
• Provision of technical support to business facing teams including the review of credit models and their implementation and documentation in support of model approval by the FSA
• Delivery of accurate and complete models and documentation within agreed timescales
• Provide functional leadership to Credit Analytics specialists throughout the Group in developing credit models and implementing models within credit processes.
• Review of credit models developed by the Divisions and documentation of results
• Prototype and development of new development techniques and systems as appropriate
• Provision of analytical support/consultancy to other areas of Group Risk and the divisions
• Maintenance of relationships with third parties e.g. external consultants, divisional risk contacts
• Participation in risk reviews undertaken by Retail and other GFR divisional facing credit teams
• Assist divisional credit analytic teams in putting forward credit model justification/validation to the FSA and others

You can ideally offer:

• Highly numerate with a degree in a mathematical or related discipline
• Some one whom is working towards a higher degree or professional qualification would be particularly desirable
• 3 - 5 years experience in the development of credit rating tools gained within a financial services organisation
• Strong IT skills likely to include SAS or SPSS, Access, VBA

To apply for this role click here to email us quoting Ref: JA1005 or call 020 7274 7998