Senior Manager Capital & b Impairment Oversight recruitment
Main Responsibilities will include:
• Provide independent oversight to the Basel capital and operational credit
• scorecards to be used in the new Verde bank
• Review and challenge the model development methodology used to ensure that group standards are maintained
• Report the quality of the models and approval process to the Risk Officer
• Provide independent oversight to stress testing and ICAAP
• Detailed knowledge of model development, BIPRU guidelines, Basel models required
The successful candidate:
• 7-10 years experience - checking standards of models
• Detailed credit model knowledge
• Facing off to the FSA and establishing that all models are in line with FSA requirements
• Role will require travel between London and Edinburgh and as such candidate can be based in either of these locales
• Capital scorecard modelling experience is more important than impairment models
• Coming from either a bank or consultancy or the regulator – this role will not suit anyone from an insurance environment as this is a different form of modelling