At a Glance
- Tasks: Develop and maintain credit risk models to support home ownership for more people.
- Company: Join a purpose-driven organisation with a focus on community and inclusivity.
- Benefits: Enjoy hybrid working, annual bonuses, generous holiday, and pension contributions.
- Other info: Be part of a supportive culture that values diversity and personal growth.
- Why this job: Make a real impact in helping others achieve their dream of home ownership.
- Qualifications: Experience in credit risk modelling and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
How you'll help us live our purpose. We've been helping our members save for their future and buy their own home since 1875. Join us and you'll play a big role in helping us to put home ownership within reach of more people, generation after generation. It's a purpose that drives everything we do. And you can play your part too join our Risk Modelling & Measurement team as a Senior Credit Risk Modeller.
How you'll make a difference:
- You will support the Credit Risk team developing, monitoring, and maintaining credit risk models used across the society, within capital, provisioning, customer decisioning and other business needs.
What will you bring to the role?
- Previous analytical or data science experience within credit risk or broader financial institutions, with exposure to developing predictive models.
- Knowledge on principles of credit risk model development, including scorecard, Basel/IRB or IFRS9 modelling (PD, EAD, LGD, etc.).
- UK retail lending experience.
- In-depth knowledge and understanding of statistical aspects (especially these which are used in Credit Risk-Basel modelling): Logistic-Linear Regression, Scorecard development; model validation approaches (GINI coefficient; KS- statistics); Data sampling; Data mining; model maintenance frameworks.
- Excellent analytical skills and a strong attention to detail.
- A qualification in a degree with relevant analytical/statistical components.
- Extensive coding experience (SAS, SQL, Python).
And in return, you'll get the best from us:
- Hybrid working 2 days per week in the office
- Annual bonus of up to 12%
- Matched pension contributions up to 10%
- 26 days holiday, plus bank holidays and holiday purchase scheme
- Colleague Mortgage and Saver products
- 2 days' volunteering per year
We'll give you a place to belong with the support to learn, develop and shape a meaningful career.
Why choose us?
Our business is centred around our people. Our colleagues are at the heart of everything we do, as shown by our Inclusive Employers Gold accreditation in 2023 and 2025. We're committed to equal opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.
You'll be joining a truly purpose-focused culture which helped us win the Leading with Purpose award at the 2023 Business Culture Awards. This recognises how we've embedded our purpose with our colleagues, and the actions we've taken to put home ownership within reach of more people, generation after generation.
Why wait? Apply now. We'd love to hear from you. But don't wait around - we may close the advert early and we'd hate for you to miss out. We're devoted to creating a culture and workplace that is representative of the communities we serve.
If you'd like to work with us but are unsure if you meet the full criteria for a role, please contact the recruiter so we can find out more about your skills and experience. We're committed to supporting you to be at your best - to discuss any reasonable adjustments we could make, please contact us.
Senior Credit Risk Modeller in Colchester employer: Leeds Building Society
Join a purpose-driven organisation that has been helping individuals achieve home ownership since 1875. As a Senior Credit Risk Modeller, you'll benefit from a supportive work culture that prioritises employee growth, offering hybrid working options, generous holiday allowances, and a commitment to inclusivity. With opportunities for professional development and a focus on making a meaningful impact in the community, this is an excellent place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Modeller in Colchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in credit risk. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your previous work in credit risk modelling. This will help you stand out during interviews and demonstrate your expertise.
✨Tip Number 3
Practice makes perfect! Brush up on your coding skills in SAS, SQL, and Python. You might get technical questions during interviews, so being sharp will give you an edge.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our purpose-driven team.
We think you need these skills to ace Senior Credit Risk Modeller in Colchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Credit Risk Modeller role. Highlight your analytical experience, coding skills, and any relevant projects that showcase your expertise in credit risk modelling. We want to see how you can contribute to our purpose!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk and how your background aligns with our mission. Be genuine and let us know what excites you about joining our team.
Showcase Your Skills:Don’t just list your skills; demonstrate them! If you have experience with SAS, SQL, or Python, mention specific projects where you used these tools. We love seeing real-world applications of your knowledge!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our community!
How to prepare for a job interview at Leeds Building Society
✨Know Your Models Inside Out
Make sure you brush up on the credit risk models you'll be working with. Be ready to discuss your experience with predictive modelling, scorecard development, and any specific methodologies like Basel/IRB or IFRS9. This shows you're not just familiar with the concepts but can apply them effectively.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess. Bring examples of how you've used statistical methods in past roles, especially those relevant to credit risk. Discuss your experience with tools like SAS, SQL, or Python, and be ready to explain how you've tackled complex data challenges.
✨Understand the Business Purpose
Familiarise yourself with the company's mission and values. Since this role is about helping people achieve home ownership, think about how your work as a Senior Credit Risk Modeller contributes to that goal. Being able to connect your technical skills to the company’s purpose will set you apart.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, the company culture, and how success is measured in this role. This not only shows your interest but also helps you gauge if this is the right fit for you.
