Senior Credit Risk Modelling Professional

3 days ago


Petersfield, Hampshire, United Kingdom Vanquis Bank Full time

About the Role:

We are seeking a highly skilled Senior Credit Risk Analyst to join our team. As a Senior Credit Risk Analyst, you will play a key role in developing, implementing, and optimising Acquisition Strategies for VBG.

Key Responsibilities:

  1. Develop accurate, statistically validated credit risk models while supporting all aspects of the agreed model build, validation, and governance process.
  2. Evaluate the quality of the data, and communicate any issues with interpretation of subsequent analyses.
  3. Support research for potentially new credit risk modelling improvements, regulatory recommendations, and techniques.
  4. Evaluate the business impact of proposed new model implementations through sensitivity analysis of parameters used in capital calculations.
  5. Support the regular reporting and monitoring required ensuring that all models remain appropriate for the portfolio.
  6. Support the team when preparing for the internal approval of credit risk models.
  7. Support the team to ensure that the model and all impacts of model developments/changes are fully documented, communicated, understood, aligned, and approved by the impacted Business Units and Heads of Risk.
  8. Participate in Credit Risk Modelling governance and technical forums where required.
  9. Adhere to the FCA Senior Manager Conduct rules.

Requirements:

  1. Exceptional quantitative skills including credit analytics.
  2. Practical application of statistical modelling techniques.
  3. Evaluation of data quality.
  4. Development of new credit risk modelling improvements, regulatory recommendations, and techniques.
  5. Experienced in consumer credit, preferably in the sub-prime or online lending sector.
  6. Experience of corporate governance frameworks.
  7. Coding expertise or other transferable skills.

What We Offer:

At Vanquis Banking Group, we believe in looking after our colleagues, so we do our best to create a rewarding, engaging, and supportive work environment across our various divisions.

We offer a range of training and development opportunities to help each of our colleagues maximise their potential, whatever their role.

We let our colleagues know we appreciate their hard work by offering competitive salaries, benefits, and a Group-wide recognition scheme.

Our average process takes up to 4 weeks, but we will always work around your availability.



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