At a Glance
- Tasks: Develop and maintain credit risk models to support our mission of home ownership.
- 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 people 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 Derby 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 and inclusivity, alongside competitive perks such as hybrid working, generous holiday allowances, and a commitment to community engagement. With a focus on professional development and a strong emphasis on equality, this is an excellent opportunity for those looking to make a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Modeller in Derby
✨Tip Number 1
Network like a pro! Reach out to your connections in the credit risk field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Brush up on your technical skills! Make sure you're comfortable with SAS, SQL, and Python, as these are key for a Senior Credit Risk Modeller. Consider doing a quick project or two to showcase your coding chops.
✨Tip Number 3
Prepare for interviews by diving deep into credit risk modelling principles. Be ready to discuss your experience with scorecard development and model validation approaches. Show us you know your stuff!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love hearing from passionate candidates who want to help us make home ownership a reality for more people.
We think you need these skills to ace Senior Credit Risk Modeller in Derby
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your analytical skills, coding experience, and any relevant credit risk modelling work you've done. We want to see how you can make a difference!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk modelling and how your background aligns with our purpose. Let us know what drives you and how you can contribute to our mission.
Showcase Your Technical Skills:Since we're looking for someone with extensive coding experience, be sure to mention your proficiency in SAS, SQL, and Python. If you've worked on predictive models or have experience with statistical methods, don't hold back – we want to hear all about it!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you're genuinely interested in joining our team!
How to prepare for a job interview at Leeds Building Society
✨Know Your Models Inside Out
As a Senior Credit Risk Modeller, you'll need to demonstrate your expertise in credit risk models. Brush up on your knowledge of scorecard development, Basel/IRB, and IFRS9 modelling. Be ready to discuss specific examples of models you've developed or worked with, and how they impacted decision-making.
✨Showcase Your Analytical Skills
Highlight your analytical prowess during the interview. Prepare to discuss statistical methods like Logistic-Linear Regression and model validation approaches. Bring along any relevant projects or case studies that showcase your ability to analyse data effectively and derive actionable insights.
✨Familiarise Yourself with the Company’s Purpose
Understand the company's mission of making home ownership accessible. Be prepared to articulate how your role as a Senior Credit Risk Modeller aligns with this purpose. This will show your genuine interest in the company and how you can contribute to their goals.
✨Prepare for Technical Questions
Expect technical questions related to coding and data analysis, especially in SAS, SQL, and Python. Brush up on your coding skills and be ready to solve problems on the spot. Practising common coding challenges can help you feel more confident during this part of the interview.
