Credit Risk Manager - Implementation & Model Change
Posted 2 weeks ago by Job Board - Jobserve on JobServe
£600 Per day
Inside
Onsite
Milton Keynes, UK
- Credit Risk Manager - Implementation & Model Change
- City of London or Milton Keynes - 2 days a week onsite, 1 of which will be Milton Keynes
- 6 month contract
- Inside of IR35
- Up to 600
Within the clients Risk Division, the Provisions & Forecasting team is responsible for estimating credit loss reserves and for forecasting future credit losses over a range of different scenarios and time horizons.
The team is responsible for the maintenance and execution of the full suite of credit impairment models as well as DoD engines and plays a key role in the determination of credit loss budgets for Santander UK and provides the credit loss projections used in internal and external stress testing exercises including those requested by regulatory authorities.
Key responsibilities are:
- Oversee model implementation to produce model output
- On-going maintenance of models
- Support change process and implementation of new models
- Development of analytics dashboard, monitoring and MI reports
- Active engagement with other risk areas such as forecasting, portfolio management, collections etc.
Key Skills & Experience
- In depth knowledge of credit risk management techniques, IFRS9 provisioning methodologies and risk governance processes.
- Credit strategy experience through all stages of credit risk and product life cycle.
- Ability to develop and explain to senior management complex credit risks and how such risk can be mitigated.
- Knowledge of current local market dynamics, key players and their strategies, and current market pressures that will have a bearing on their own area of responsibility.
- Experience with building and running models in SAS or similar statistical software or programming languages.
- Strong understanding of risk management regulation and guidelines on and loss reserve methodologies and relevant accounting standards.
If you are available & interested, please apply today!
Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.
