At a Glance
- Tasks: Design and develop credit risk models to support data-driven decision-making.
- Company: Leading financial services organisation with a commitment to innovation.
- Benefits: 28 days holiday, annual bonus, pension contributions, and private medical insurance.
- Other info: Join a forward-thinking team influencing strategic outcomes and regulatory success.
- Why this job: Shape the future of credit risk modelling in a collaborative environment.
- Qualifications: Degree in a quantitative field and substantial credit risk modelling experience.
The predicted salary is between 60000 - 80000 £ per year.
A leading financial services organisation is seeking an experienced and analytical Senior Modeller to join its growing Risk Management function. This is a unique opportunity to shape a newly integrated group credit modelling capability following a recent strategic partnership.
As Senior Modeller - Credit Risk, you’ll play a pivotal role in designing, developing, and validating credit risk models across the customer lifecycle. Your work will support data-driven decision-making and ensure robust credit risk assessment and regulatory compliance (e.g., IFRS 9, Basel III, IRB). You’ll bring thought leadership to a team of analysts and modelers, helping to drive improvements in credit model delivery across the organisation.
Key Responsibilities
- Design and maintain credit risk models including scorecards, PD/LGD/EAD models, and stress testing frameworks.
- Lead model development for regulatory and business use cases (e.g., IFRS 9, capital adequacy, collections, pricing).
- Oversee model validation and performance monitoring to ensure accuracy, stability, and compliance.
- Collaborate with stakeholders across Risk, Finance, Compliance, and IT to integrate models into decision systems.
- Ensure models meet regulatory standards and prepare documentation for audit and regulatory review.
- Provide guidance and quality assurance to analysts and modelers.
- Translate complex statistical output into actionable business insights.
About You
- Degree in a quantitative field (e.g., Mathematics, Statistics, Economics, Finance, Engineering).
- Substantial credit risk modelling experience within banking or financial services.
- Proficiency in SAS, SQL, or similar tools.
- Strong understanding of credit lifecycle, regulatory frameworks (IFRS 9, Basel), and model governance.
- Proven track record of delivering compliant credit risk models across multiple firms.
- Experience in risk integration programmes and cross-functional collaboration.
- Leadership experience in technical and strategic environments.
Benefits
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme.
- Annual discretionary bonus scheme (up to 20% based on company performance).
- Personal pension with matched contributions (5% employer contribution plus employer pension matching (limit of 10%)).
- Maternity, paternity and shared parental leave.
- Life assurance (6 times annual salary).
- Private medical insurance for yourself and your family at a discounted rate.
- Eligible for health screening.
Why Join Us?
This is a chance to be part of a forward-thinking organisation with a strong purpose and commitment to innovation. You’ll work in a collaborative environment where your expertise will directly influence strategic outcomes and regulatory success.
Job details
- Seniority level: Mid-Senior level.
- Employment type: Full-time.
- Job function: Analyst and Information Technology.
- Industries: Staffing and Recruiting.
Senior SAS Modeller - Credit Risk employer: Lorien Resourcing
Join a leading financial services organisation that prioritises innovation and collaboration, offering a dynamic work culture where your expertise as a Senior SAS Modeller - Credit Risk will directly impact strategic outcomes. With generous benefits including 28 days of holiday, a competitive pension scheme, and opportunities for professional growth, this role provides a meaningful and rewarding career path in a supportive environment committed to regulatory excellence.
