Credit Risk Oversight

6 days ago


London, United Kingdom Projecting Full time

Projecting is looking for a Credit Risk Oversight consultant to join our team. The role is to assist one of our clients who is an established player within the risk area of the Financial Services Sector.

This role will be inside of IR35 and the contract will be arranged through an umbrella company.

Start date: ASAP

Duration: 6 months

Mix between office and home working.

Deliver the following BAU activities:

- Support Risk Methodology in the development of the yearly Model Plans.
- Attend model user groups for each credit risk portfolio to provide useful insight into the user perspectives around model appropriateness and help drive and prioritise model redevelopments.
- Monitor the use of corporate and commercial banking models in the risk decision process.
- Support the definition of the Model’s Control Framework and ensure model usage is controlled appropriately.
- Assist with remediation of model control breaches and identify additional controls where needed.
- Assist with the closure of recommendations issued by Internal Validation, Internal Audit and supervisory bodies.
- Assist with the annual update of the Use Test ensuring they contain latest processes and procedures and up to date model and portfolio information.
- Support the creation and updating of user guidelines and associated documentation ensuring that they are compatible with working practices and risk appetite.

**Job Type**: Contract
Contract length: 6 months

**Salary**: £450.00-£550.00 per day

**Benefits**:

- Work from home
Schedule:

- Monday to Friday
**Experience**:

- Risk methodologies: 3 years (preferred)
- Commercial banking models: 3 years (preferred)
- Model’s Control Framework: 3 years (preferred)



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