Lead Credit Risk Modeller

3 weeks ago


Durham, United Kingdom Atom Bank Full time

**We’re Atom ** The bank that’s leading the fintech charge

We’re not like the rest. We’re true innovators, and we’re redefining what a bank should be. Ours is a bank for today and the future, a mobile-first bank. Forget the stuffy branches, with Atom you can bank whenever, wherever, faster, and simpler.

Could you be the next innovator to join us?

**What’s it all about?** Insight and Intelligence drives Atom.

The Insight & Intelligence team leverage Big Data tech, to maximise the returns from our data assets, by providing MI, exploratory analysis & predictive models. These shape & deliver strategies in pricing, direct marketing, product optimisation, credit risk& fraud.

Here at Atom we are embarking on an exciting programme of work, to achieve an A-IRB Waiver by FY25. As Lead IRB Credit Risk Modeller you will primarily focus on developing and implementing various types of predictive models, segmentation strategies, optimisationalgorithms & data mining analysis. You’ll also aid the development, maintenance and monitoring of new IRB rating systems, regulatory PD, LGD, EAD & scorecard models.

In this role you will support initiatives in the regulatory & compliance space within risk such as IRB, forecasting & stress testing. You’ll also provide support and guidance to a team of Credit Risk Modellers, providing oversight to the work they produce.

IRB knowledge and experience is essential for this role.

**What will your 'typical’ day look like. (there’s no 2 days the same in Atom)**:

- Assessment of IRB regulation within the CRR, SS11/13, EBA GL’s, PRA Rulebook & Basel 3.1 for residential mortgages or business loans
- Developing and implementing various types of predictive models, segmentation strategies, optimisation algorithms and data mining analysis
- Monitor and maintaining models to ensure that they remain fit for purpose
- Develop and implementing various types of predictive models, segmentation strategies, optimisation algorithms and data mining analysis to drive pricing and liquidity management
- Create simulation models to help optimise operational processes and quantify and manage operational risks.

**What do we need from you?**:

- Experience with IRB regulation (CRR, SS11/13, EBA GL’s, PRA Rulebook & Basel 3.1)
- Experience in using the following modelling techniques - collaborative filtering, support vector machines, neural networks, linear and logistic regression, decision trees, random forests
- Experience of data analysis tools, such as SQL, R, Python, SAS or similar
- Good communication skills - able to present analysis at all levels of the business and to non-specialists
- A self-starter with excellence time management skills

**What you’ll get from us**:

- 4 day week
- Remote & Flexible working
- Annual Share Option scheme - company performance related
- 'All About Me’ fund: £200 per year to spend on personal development
- 22.5 days holiday + 8 statutory days
- Private Medical Insurance for you and full family
- Health Cash Plan - expenses paid on Optical/Dental/other appointments/treatments
- Life Insurance - 4 times annual salary
- Critical illness cover - 1 x lump sum annual salary
- Cycle to work Scheme.



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