Contract Reviewer

3 weeks ago


London, United Kingdom Michael Page Full time

12 month opportunity with potential for the role to go permanent
Our client is a notable institution within the financial industry based in the City of London.
Our client serves as the nation's monetary authority, responsible for formulating and implementing monetary policy to achieve the government's economic objectives, including price stability and sustainable economic growth.
This role is part of a division supporting banking supervisors and prudential policy with expert advice and analysis, contributing to broader policy functions such as stress testing major UK banks. Within the division, the team advises the PRA on IRB rating systems, credit risk measurement, decision-making, impairment, stress testing models, and reviews firms' RWA projections for concurrent stress testing programs.
Evaluate, challenge and review mortgage portfolios to identify potential risks.
Develop and implement risk management strategies.
Liaise with other departments to ensure compliance with risk policies and regulations.
Prepare and present reports on mortgage risk findings and recommendations.
Keep abreast of changes in regulations and industry practices related to mortgage risk.
Provide guidance and training to other team members on risk review methods.
Contribute to the continuous improvement of the risk management framework.
Significant experience in mortgage credit model development and/or validation within firms with substantial mortgage lending businesses, consultancies, or regulatory bodies.
Excellent knowledge of techniques used in developing mortgage IRB models, including relevant IRB requirements (e.g., Ability to communicate results of quantitative analysis clearly and concisely to both technical and non-technical audiences, verbally and in writing.
Demonstrated commitment to diversity and inclusion.
12 month contract with the chance for the role to go permanent
Flexible working arrangements available, typically 2 days in the City of London office.
Chance to work in a prestigious public sector institution in the financial industry.
Comprehensive benefits package in line with industry standards.
Supportive work culture that encourages professional development and growth.



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