At a Glance
- Tasks: Lead a team to develop and manage risk models for mortgage portfolios.
- Company: Join one of the UK's largest banks known for its flexible working culture.
- Benefits: Enjoy remote work options, excellent benefits, and career progression opportunities.
- Why this job: Be part of a dynamic team making impactful decisions in banking risk management.
- Qualifications: Significant experience in IFRS9 modelling and proficiency in SAS, Python, or R required.
- Other info: Visa sponsorship is not available for this role.
The predicted salary is between 42000 - 98000 £ per year.
Manager – IFRS9 Modelling – Mortgages
Specialisms: Risk Jobs | Quant Jobs
Apply for this job
My client is one of the largest banks in the UK, renowned for their flexible working culture, remote working opportunities, excellent benefits and outstanding internal culture and career progression.
As part of a build out of the risk modelling team I am looking for an experienced IFRS 9 modeller to lead a talented team of modellers and data scientists responsible for developing and managing risk and macroeconomic models to forecast the bank’s loss provisions for its mortgage portfolio. You’ll have a wide remit that spans all types of models within the IFRS 9 landscape, with exposure to both Retail and Business banking products and customers. Your team will focus on the development, validation, management, and monitoring of models, ensuring they provide exceptional support to key stakeholders across Risk and Finance.
You will lead the design and implementation of credit risk models in line with Bank standards and regulatory compliance requirements. You’ll ensure that the models in operation are robust, fit for purpose, and provide clear insights to stakeholders. You will also deliver high-quality model documentation and support the Bank in model usage and governance, while driving the development of your team.
To succeed in this role, you’ll need significant experience in IFRS9 or econometric model development across Retail or Business credit portfolios and expertise in using statistical analysis software like SAS, Python, or R. Strong communication skills, the ability to influence stakeholders, and experience with decision-making are essential, as is experience of model development for mortgages.
Please note, this role does not offer Visa sponsorship.
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We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.
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Scott Nye – Quant Risk
Executive Consultant
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Manager – IFRS9 Modelling – Mortgages employer: Barclay Simpson
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StudySmarter Expert Advice 🤫
We think this is how you could land Manager – IFRS9 Modelling – Mortgages
✨Tip Number 1
Network with professionals in the banking and risk modelling sectors. Attend industry events or webinars where you can meet people who work at banks or in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest developments in IFRS 9 regulations and how they impact mortgage portfolios. Being well-versed in current trends will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your experience with statistical analysis software like SAS, Python, or R in detail. Be ready to provide examples of how you've used these tools in previous roles to develop or validate models, as this will be crucial for the interview.
✨Tip Number 4
Practice your communication skills, especially in explaining complex modelling concepts to non-technical stakeholders. This role requires strong influencing abilities, so being able to convey your ideas clearly will set you apart from other candidates.
We think you need these skills to ace Manager – IFRS9 Modelling – Mortgages
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the Manager – IFRS9 Modelling – Mortgages position. Familiarise yourself with IFRS 9 modelling, risk management, and the banking sector.
Tailor Your CV: Customise your CV to highlight relevant experience in IFRS 9 modelling, econometric model development, and your proficiency in statistical analysis software like SAS, Python, or R. Emphasise your leadership skills and experience in managing teams.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the banking industry. Discuss your experience with mortgage portfolios and how you can contribute to the team’s success. Make sure to address key stakeholders and your ability to influence decision-making.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your application is professional and polished, as attention to detail is crucial in this field.
How to prepare for a job interview at Barclay Simpson
✨Showcase Your Technical Skills
Make sure to highlight your experience with IFRS9 modelling and any relevant statistical analysis software like SAS, Python, or R. Be prepared to discuss specific projects where you developed or validated models, as this will demonstrate your technical expertise.
✨Understand the Banking Landscape
Familiarise yourself with the current trends in the banking sector, especially regarding risk management and mortgage portfolios. Being able to discuss how these trends impact IFRS9 modelling will show that you are knowledgeable and engaged with the industry.
✨Prepare for Stakeholder Interaction
Since strong communication skills are essential for this role, think of examples where you've successfully influenced stakeholders or collaborated with cross-functional teams. This will illustrate your ability to convey complex information clearly and effectively.
✨Demonstrate Leadership Qualities
As a manager, you'll need to lead a team of modellers and data scientists. Prepare to discuss your leadership style and provide examples of how you've developed and mentored team members in previous roles. This will help convey your capability to drive team performance.