Job Title:	Credit Risk Modelling Manager
Reference:	A19-23-05-08
Salary:	GBP50000 (Extras: Bonus, London Allowance & Package)
Location(s):	London
Industry(s):	Risk
Advertiser:	Aspire Credit Recruitment & Risk Management
Employment Type:	Permanent
Posted:	24-07-2008

Description:

An excellent opportunity for an experience Credit Risk Modeller / Statistician to join a top 5 UK bank in the capacity of Credit Risk Modelling Manager.

Overview

Decision Sciences is a focused team that is responsible for delivering on risk management related analytical projects across UKRB. The team has deep expertise in modelling and analytics and data manipulation and integration. Together with its own efforts to deliver modelling and decision systems to the bank, the team is responsible for bridging to the external vendor community to bring new innovative approaches and techniques to the organization. The team will work closely with its partner within Group Marketing’s CVM team to ensure the organization is taking an integrated risk-based marketing approach to the marketplace.

This role involves supporting the development and maintenance of ratings models and processes that are used by UKRB for the purposes of calculating risk weighted assets for assessing the regulatory capital requirement for the Consumer Lending and Consumer Banking lending products.


Applicants need to demonstrate:
• A good knowledge of scorecard development concepts, principles and practices in a high volume unsecured consumer credit environment.
• The ability to support Risk Managers on scorecard refinements/revisions.
• Working knowledge of validation techniques for risk assessment and scoring systems
• A strong working knowledge of Basel Ratings Methodology and Framework
• Communication of model design, development and findings through all levels of the organisation.
• Proven ability to manage the delivery of small projects effectively.
• Experience of project management and demonstrable experience of delivering results.

The ideal candidate will have:
• A numerate degree
• An understanding of analysing data to leverage business performance
• Experience of model development within credit risk or customer insight team
• Exposure to external regulatory processes and procedures
• The ability to produce and interpret information on a timely basis through designing and delivering analysis and knowing how to present it to a non analytical audience
• Understanding of financial data where applied to NPV, ROI, ROA.
• Experience building credit risk models with SAS
• Familiarity with Credit Risk environment in Retail Banking

The basic salary on offer is £50,000 plus Car / Car allowance (£4,500), London Allowance (£3,450), Bonus and flexible benefits.

To apply please send your CV to lucy@aspirecredit.co.uk or call 0161 767 2350.