VP – Credit Risk (Retail and Business Banking) – Tier 1 Bank – recruitment
My client, a Tier 1 Bank, is recruiting in a global credit risk analytics team with a portfolio of over £110 billion assets worldwide. They are hiring a Credit Risk Modeller - Retail Manager due to expansion of remit both in terms of team size and global reach of work.
You will have experience of Basel PD/LGD/EAD Models from ideally a retail background with exposure to home finance and mortgages, although candidates from a wholesale/commercial background would be considered. You will need to have a good understanding of systems and SAS is a pre-requisite. Your experience could be from a Tier 1 or 2 Bank, the FSA or Consulting firm.
You will be involved in:
- Model Development and Analytics responsibilities across UK Retail Group.
- Contribute to building, shaping and developing a motivated and talented Modelling Analytics team, capable of delivering analytics to the highest levels of expectation.
- Working with cross-functional stakeholders, driving value by developing modelling and analytical solutions which improve the credit risk management / mitigation process of the UK RBB, further ensuring the implementation and appropriate use of models in managing credit risk.
- Development and evolution of modelling standards and validation frameworks across UK Retail Group business lines, and cross-cluster as appropriate.
- Effective engagement and participation in governance committees (Model Review Committee, Group Material Models Technical Committee, and others as appropriate) to demonstrate the outcomes and benefits of modelling and analytical solutions. Seek approval for new models, enhancements to existing models, and on going use of previously approved models.
- Awareness of the wider environment; be proactive in identifying upstream trends, in order to enable Modelling Analytics to efficiently react to remodelling requirements. Further, identify future modelling needs through review of internal model performance reporting.
- Establish a strong reputation and manage working relationship with key stakeholders.
- Engage with the Regulator and other external bodies as appropriate.
- Contribute to and participate in the UK Retail Risk Analytics Academy training curriculum, and provide training for modellers within UK Retail and wider (as appropriate) on these topics.
This role would be reporting to senior stakeholders across the Group, CRO and CFO of the Bank. This team also has a reach in the Corporate/SME Market so there will be career paths to this area as well as Executive director level as Basel III continues at a pace. This is a client we have placed with including the line manager hiring the role. This is an urgent role which is looking to line up interviews next week so call me or send your cv in confidence.
