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Senior Credit Risk Analyst

2 months ago


Milton Keynes Buckinghamshire, United Kingdom MERJE Full time

Senior Credit Risk Analyst- Model Implementation Up to £50K + great benefits
3 days a week in Milton Keynes

Our Client is on the search for a Model Implementation Analyst to join their business. The team is responsible for the maintenance and execution of the full suite of credit impairment models as well as DoD engines and plays a key role in the determination of credit loss budgets and provides the credit loss projections used in internal and external stress testing exercises, including those requested by regulatory authorities.

Support in Overseeing model implementation to produce model output
Support change process and implementation of new models
Support in Development of analytics dashboard, monitoring (such as DoD Monitoring) and MI reports (such as forbearance MI)
Active engagement with other risk areas such as forecasting, portfolio management, collections etc.
Support in tracking the DoD changes resulting from on site inspections, internal and external audit feedback, data migrations to name a few
Regular engagement with external auditors to support the successful completion of half-year and year-end audits.
Support internal audit activities and closing internal validation points
Support in review and challenge of the next generation credit risk provisioning models.
Regular engagement with external auditors to support the successful completion of half-year and year-end audits.
Experience of working with credit risk models (validation/ building/ developing)
SAS skills
Knowledge of current local market dynamics, key players and their strategies, and current market pressures that will have a bearing on their own area of responsibility
Good understanding of risk management regulation and guidelines on and loss reserve methodologies and relevant accounting standards
Advanced Excel skills are essential