At a Glance
- Tasks: Analyse data and develop models for credit risk assessment.
- Company: Join a leading team in credit risk modelling based in London.
- Benefits: Enjoy hybrid working, flexible hours, and a competitive salary up to £80,000.
- Why this job: Make a real impact in regulatory transformation and collaborate with industry experts.
- Qualifications: Background in Stats, Maths, Data Science or Engineering; proficiency in SAS/SQL required.
- Other info: Visa transfer available for candidates already in the UK.
The predicted salary is between 48000 - 64000 £ per year.
We're Hiring! | IRB Model Development Up to £80,000 plus benefits and bonus
Hybrid | 3 days in-office, London | Flexible working
Join a Leading Credit Risk Modelling Team!
NO RELOCATION/SPONSORSHIP AVAILABLE – HOWEVER OPEN TO VISA TRANSFER IF ALREADY IN THE UK.
Are you ready to take your quantitative skills to the next level in a high-impact, regulation-driven environment ? We're on the lookout for a passionate Quantitative Risk Analyst to help deliver the Internal Ratings Based (IRB) approach across retail and commercial lending portfolios.
What You’ll Be Doing :
✅ Data analysis & model development for PD, LGD, and EAD
✅ Building scorecards & stress testing models
✅ Supporting IRB regulatory self-assessments
✅ Identifying data gaps & ensuring quality remediation
✅ Producing clear documentation & reporting
✅ Supporting model calibration and ongoing reviews
Your Toolkit :
Background in Stats, Maths, Data Science or Engineering
Strong knowledge of IRB, CRR, EBA & PRA regs
️ Proficiency in SAS / SQL / other data tools
Sharp analytical & problem-solving skills
️ Excellent communication & report-writing abilities
A proactive team player ready to make an impact
Why Join?
- Work at the forefront of regulatory transformation
- Collaborate with experienced risk professionals
- Play a key role in shaping data-driven decision-making
- Hybrid working & supportive environment
Ready to elevate your risk career? Apply now or message us to learn more!
#QuantJobs #RiskAnalytics #CreditRisk #IRB #ModelDevelopment #QuantitativeAnalysis #HiringNow #SQL #SAS #RiskManagement
IRB Model Development Specialist employer: InterQuest Group
Contact Detail:
InterQuest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IRB Model Development Specialist
✨Tip Number 1
Network with professionals in the credit risk modelling field. Attend industry events or webinars where you can meet people who work 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 regulations related to IRB, CRR, EBA, and PRA. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to staying updated in this fast-evolving field.
✨Tip Number 3
Prepare to discuss specific projects or experiences where you've successfully developed models or conducted data analysis. Highlighting your hands-on experience with SAS, SQL, or other data tools will set you apart from other candidates.
✨Tip Number 4
Showcase your communication skills by being ready to explain complex quantitative concepts in simple terms. This is crucial for collaborating with team members and producing clear documentation, which are key aspects of the role.
We think you need these skills to ace IRB Model Development Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative analysis, model development, and familiarity with IRB regulations. Use specific examples that demonstrate your skills in data analysis and problem-solving.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for quantitative risk analysis and your understanding of the IRB approach. Mention how your background in Stats, Maths, or Data Science aligns with the job requirements.
Highlight Technical Skills: Clearly list your proficiency in SAS, SQL, and any other data tools you are familiar with. Provide examples of how you've used these tools in previous roles to support model development or data analysis.
Showcase Communication Skills: Since excellent communication and report-writing abilities are crucial for this role, include examples of reports or documentation you've produced in the past. This will demonstrate your capability to convey complex information clearly.
How to prepare for a job interview at InterQuest Group
✨Showcase Your Quantitative Skills
Be prepared to discuss your experience with data analysis and model development. Highlight specific projects where you've worked on PD, LGD, or EAD models, and be ready to explain your approach and the outcomes.
✨Demonstrate Regulatory Knowledge
Familiarise yourself with IRB, CRR, EBA, and PRA regulations. During the interview, mention how your understanding of these regulations has influenced your previous work and how you can apply this knowledge in the new role.
✨Prepare for Technical Questions
Expect questions related to SAS, SQL, and other data tools. Brush up on your technical skills and be ready to solve problems or analyse data on the spot to demonstrate your proficiency.
✨Communicate Clearly
Since excellent communication is key, practice explaining complex concepts in simple terms. Be prepared to discuss how you document and report your findings, as clear communication is crucial in a regulatory environment.