Job Description
IRB Modelling Manager
Manchester (4-6 days a month 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 our 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!