Credit Risk Model Validation Manager
3 hours ago
**Model Validation Manager**
**London**
**£75,000**
This is the chance to lead a small team responsible for oversight, validation and management of predictive models across the Credit Risk function of a growing challenger bank. You'll be owning validation of PD, LGD and EAD models, IFRS9 calculations, Scorecardsand other core Risk models across the bank. You'll be joining a vibrant business that can offer you the responsibility and accountability you need to progress. There is huge scope to learn and grow in this role and its perfect for someone looking for a stepup to management.
**THE COMPANY**:
Our client is a leading challenger bank targeting continued growth in retail banking services. The role offers
exposure and interaction with director level established routes to managing a larger team and as such is a
fantastic opportunity to progress your career to the next level in a hands-on, fast moving role.
**THE ROLE**:
- Perform validation analysis of capital models (PD, LGD, EAD) and Impairment (IFRS9) and Scorecards
- Use SAS to validate Credit Risk model, data and wide risk frameworks
- Optimise credit risk model performance through challenger model development, model monitoring and analysis
- Lead a growing team of analysts starting with one single analyst as a direct report
- Engage with stakeholder and internal teams and external contacts
- Contribute to the strategy optimisation, strategic analytics, and portfolio management functions
**SKILLS AND EXPERIENCE**:
- Graduated with a numerate degree
- Must have model validation experience within Credit Risk or similar environment
- Scorecard, IFRS9 and/or IRB model development and/or validation experience preferred
**THE BENEFITS**:
- Up to £75,000
- Competitive benefits scheme
- Grow with an expanding business
- Flat structure where you will own projects and have a say on the wider business decisions
**KEYWORDS**:
Credit Risk Analyst, Modelling, Validation, Monitor, Scorecards, SAS, SQL, Decision Science, PD, LGD, EAD, Probability of Default, Loss Given Default, Exposure at Default, Forecasting, Capital, Impairment, Scorecards, Application, Behavioural
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