Job Description
Senior Credit Risk Modeller
Location: Hybrid (Head Office, West Bromwich)
Salary: c. £60,000 (Depending on Experience)
Contract: Permanent
Hours: 35 hours per week 09.00 17.00, Monday Friday
The West Brom are looking to recruit a Senior Credit Risk Modeller on a permanent contract. Reporting into the Senior Manager, Credit Risk Modelling & Analytics, the post holder will be leading the development of models and scorecards, and monitoring of the models to ensure they perform within tolerance. The incumbent would also be managing two junior modellers and overseeing their development.
Key responsibilities are:
1. Lead the development of a suite of models and tools used to support the Societys corporate objectives. This primarily relates to models/tools relating to the measurement and management of residential credit risk, but also includes models used to support impairment and product pricing.
2. Lead the development, maintenance and first line validation of statistical models, impairment models, processes, and procedures in particular IFRS 9 Models (PD, LGD & EAD) and scorecards.
3. Undertake monitoring of models to ensure these are performing within tolerances. Escalate any issues identified so that corrective action may be taken.
4. Provide analytical insight across the Society to support decision making.
5. Provide support to staff across the Society who ...