Credit Risk Manager

14 hours ago


Milton Keynes, Milton Keynes, United Kingdom Adway Associates Full time
Job Title: Change Management Manager

The Credit Risk Management team at Adway Associates is seeking a highly skilled Change Management Manager to oversee the maintenance and execution of our credit impairment models. This role plays a critical part in the determination of credit loss budgets and provides credit loss projections used in internal and external stress testing exercises.

Key Responsibilities:
  • Oversee the execution of default engines and ensure model outputs are subject to appropriate governance.
  • Review and challenge next-generation credit risk provisioning models to ensure they meet our risk governance standards.
  • Develop and implement processes to ensure model documentation is up-to-date and accurate.
  • Prepare and present results to governance forums and committees.
Requirements:
  • Intermediate corporate portfolio experience.
  • Intermediate knowledge of NDOD concepts, including probation periods, forbearance, and UTPs.
  • Intermediate modelling experience related to NDOD or IFRS9 modelling.
  • Ability to communicate complex credit risks to senior stakeholders.
Desirable Skills:
  • In-depth knowledge of IFRS9 provisioning methodologies and risk governance processes.
  • Good knowledge of Power BI.
  • Ability to develop and explain complex credit risks to senior management.

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