IRB Modelling Manager

21 hours ago


Milton Keynes UK, Buckinghamshire, United Kingdom Harnham Full time

IRB Modelling Manager

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 join our dynamic team as a Mortgage IRB Modelling Manager. This role offers a unique opportunity to contribute to the development and implementation of cutting-edge Internal Ratings Based (IRB) models specifically for their mortgage portfolio, ensuring the bank's compliance with regulatory standards and the effective management of credit risk.


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 ensure the integration of 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 abreast of 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.


If interested, please apply to discuss further


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