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- Tasks: Lead the development of credit risk models and ensure they meet business needs.
- Company: Join a fast-growing, digitally native financial services company making waves in the industry.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
- Why this job: Make a meaningful impact while working with a high-performing team in a crucial role.
- Qualifications: 5+ years in credit risk model development; strong programming skills required.
- Other info: We value diversity and welcome applicants from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
An exciting opportunity has opened up for a Credit Risk Model Development Lead to join a high-performing Credit Risk Modelling team at a fast-growing, digitally native financial services company. This team plays a pivotal role in the development and maintenance of credit risk models, including both IFRS 9 and operational models. If you’re experienced in credit risk model development and looking to make a meaningful impact in a dynamic environment, we’d love to hear from you.
What You’ll Be Doing:
- Leading the development and implementation of IFRS 9 and operational credit risk models — both hands-on and through team leadership.
- Ensuring the model suite remains robust, fit-for-purpose, and aligned with business needs.
- Producing high-quality documentation detailing methodology, assumptions, and limitations.
- Monitoring existing models and identifying opportunities for enhancement.
- Collaborating with internal validation teams and presenting work to senior leadership and committees.
- Acting as a subject matter expert and representing the team with stakeholders across the business.
What We’re Looking For:
- 5+ years of hands-on experience in developing IFRS 9 and operational credit risk models.
- Prior experience leading projects or managing small teams is a plus.
- Strong programming and analytical skills using tools like Python, R, SQL, SAS, and Excel.
- A degree (or equivalent experience) in a numerical discipline.
- Solid knowledge of regulatory frameworks related to credit risk.
- Clear communicator with the ability to explain complex technical concepts to varied audiences.
- Highly organised, detail-oriented, and adaptable.
Lead Credit Risk Modeller employer: InterQuest Group (UK) Limited
Contact Detail:
InterQuest Group (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Credit Risk Modeller
✨Tip Number 1
Familiarise yourself with IFRS 9 and operational credit risk models. Understanding the nuances of these models will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Brush up on your programming skills, especially in Python, R, SQL, and SAS. Being able to showcase your technical abilities during discussions can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your previous leadership experiences. Highlighting how you've successfully led projects or teams will show that you're ready for the responsibilities of this role.
✨Tip Number 4
Network with professionals in the credit risk field. Engaging with others in the industry can provide insights and potentially lead to referrals, increasing your chances of landing the job.
We think you need these skills to ace Lead Credit Risk Modeller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in developing IFRS 9 and operational credit risk models. Include specific projects you've led or contributed to, showcasing your programming skills in Python, R, SQL, SAS, and Excel.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities of leading model development and your ability to communicate complex concepts clearly.
Highlight Relevant Experience: When detailing your work history, focus on your hands-on experience in credit risk modelling. Mention any leadership roles or project management experience that demonstrates your capability to lead a team effectively.
Showcase Your Analytical Skills: Provide examples of how you've used your analytical skills to enhance existing models or develop new ones. This could include specific methodologies you've employed or improvements you've implemented in previous roles.
How to prepare for a job interview at InterQuest Group (UK) Limited
✨Showcase Your Technical Skills
Make sure to highlight your programming and analytical skills during the interview. Be prepared to discuss your experience with tools like Python, R, SQL, SAS, and Excel, as these are crucial for the role.
✨Demonstrate Leadership Experience
Since the position involves leading projects and potentially managing a team, share specific examples of your leadership experience. Discuss how you've successfully guided teams in the past and the impact of your leadership on project outcomes.
✨Prepare for Technical Questions
Expect to be asked about credit risk models, particularly IFRS 9 and operational models. Brush up on your knowledge of regulatory frameworks and be ready to explain complex concepts clearly, as you may need to communicate these to varied audiences.
✨Emphasise Collaboration Skills
Collaboration is key in this role, so be prepared to discuss how you've worked with validation teams and presented your work to senior leadership. Highlight any experiences where you successfully collaborated across departments to achieve common goals.
