Senior Credit Risk Analyst

5 days ago


Milton Keynes, Milton Keynes, United Kingdom MERJE Full time
Job Title: Senior Credit Risk Analyst - Model Implementation

About the Role:

We are seeking a highly skilled Senior Credit Risk Analyst to join our team in Milton Keynes. As a Senior Credit Risk Analyst, you will play a key role in the maintenance and execution of credit impairment models, as well as the development of analytics dashboards and MI reports.

Key Responsibilities:

  • Support the implementation of credit risk models to produce accurate model output
  • Contribute to the ongoing maintenance of credit risk models
  • Support the change process and implementation of new credit risk models
  • Develop and maintain analytics dashboards and MI reports to monitor credit risk
  • Collaborate with other risk areas, such as forecasting, portfolio management, and collections
  • Support the tracking of DoD changes resulting from on-site inspections, internal and external audit feedback, and data migrations
  • Prepare and present results to governance forums and committees
  • Engage with external auditors to support the successful completion of half-year and year-end audits
  • Support internal audit activities and close internal validation points
  • Review and challenge next-generation credit risk provisioning models
  • Keep process documentation up to date with model changes

Requirements:

  • Strong IFRS9 experience
  • Experience working with credit risk models (validation, building, and developing)
  • SAS skills
  • Knowledge of current local market dynamics, key players, and strategies
  • Good understanding of forbearance activities and strategies
  • Good understanding of risk management regulation and guidelines on loss reserve methodologies and relevant accounting standards
  • Advanced Excel skills

What We Offer:

This role does not provide sponsorship.



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