Mortgage Modelling Lead
2 days ago
A leading financial institution is seeking an experienced Mortgage Modelling Lead to join their dynamic team in Manchester.
The role offers a unique opportunity to contribute to the development and implementation of cutting-edge Internal Ratings Based (IRB) models specifically for mortgage portfolios, ensuring compliance with regulatory standards and effective credit risk management.
Key Responsibilities:
- Oversee the development, validation, and implementation of IRB models for mortgage exposures, including residential and commercial mortgage loans.
- Collaborate with cross-functional teams to integrate mortgage IRB models into the 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:
- An advanced degree in quantitative finance, statistics, or a related field.
- A minimum of 5 years' experience in IRB modelling, with a strong understanding of statistical techniques and risk measurement methodologies applied to mortgage portfolios.
- A 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, enabling effective collaboration with diverse teams within the mortgage business.
Up to £90k per year plus excellent benefits.
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