Mortgage Modelling Manager
2 months ago
Milton Keynes (3 days a week in office)
Up to £90k per year plus amazing benefits
A leading bank is seeking a talented individual to contribute to the development and implementation of cutting-edge Internal Ratings Based (IRB) models specifically for their mortgage portfolio, ensuring regulatory compliance and effective credit risk management.
Key Responsibilities:
- Develop, validate, and implement IRB models for mortgage exposures, including residential and commercial mortgage loans.
- Collaborate with cross-functional teams to integrate mortgage IRB models into the bank's risk management framework.
- Monitor and analyse model performance, identifying areas for improvement and recommending enhancements specific to mortgage risk.
- Stay up-to-date with regulatory developments and industry best practices related to mortgage IRB modelling.
Qualifications and Experience:
- Advanced degree in quantitative finance, statistics, or a related field.
- Minimum 5 years of experience in IRB modelling, with a strong understanding of statistical techniques and risk measurement methodologies specifically applied to mortgage portfolios.
- Proven track record of developing and implementing complex credit risk models for mortgage exposures.
- Excellent analytical and problem-solving skills, with a focus on mortgage-specific risk factors.
- Strong communication and interpersonal skills, with the ability to effectively collaborate with diverse teams within the mortgage business.
This role offers a unique opportunity to contribute to the bank's success and advance your career in risk management.
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