At a Glance
- Tasks: Lead a team in developing and reviewing credit risk models while ensuring regulatory compliance.
- Company: Join a leading financial services firm with a focus on innovation and excellence.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic role with potential for career advancement in a supportive environment.
- Why this job: Make a significant impact in the financial sector by enhancing model performance and compliance.
- Qualifications: Experience in modelling, strong analytical skills, and knowledge of regulatory requirements.
The predicted salary is between 70000 - 90000 € per year.
We have an exciting opportunity for a Senior Modelling Manager to join the Credit Risk Modelling team. You will manage a team of experienced modellers providing support and challenge as they develop the key models. You will have responsibility for each stage of the model development lifecycle and ensure models remain suitable and aligned with regulatory expectations.
About the role
- Providing strong support and challenge to Managers within the team as they perform model redevelopments and reviews ensuring key decisions within the development are being made robustly and efficiently.
- Assuming responsibility for establishing robust control and review frameworks to bring greater assurance to each stage of the model development lifecycle and reducing model risk.
- Demonstrating strong stakeholder management to ensure that appropriate knowledge and understanding of the models and their use is in place and that requirements are fed into developments and addressed appropriately.
- Ongoing external scanning to ensure that the methodologies and approaches employed are aligned with industry best practice and that activity required to satisfy new regulatory requirements is understood and planned for.
- Work closely with Manager of team to ensure movement in model performance identified from model monitoring is understood and assess whether action is required.
- Manage requests from within the business for analysis and model outputs to support their activities e.g. new mortgage proposition assessments.
About you
- First and foremost, you’ll be an experienced modeller or analyst with experience from your studies and your work experience.
- This’ll be coupled with a detailed understanding of Stress Testing, climate and regulatory modelling (IRB/IFRS9).
- Knowledge of modelling requirements for product/project evaluation and an understanding of the requirements of the regulations relating to model development.
- A track record of delivering models or analytical projects within a business.
- A good awareness of the Financial Services industry and associated regulatory landscapes.
Senior Credit Risk Manager in Bradford employer: MERJE
As a Senior Credit Risk Manager at our esteemed financial institution, you will thrive in a dynamic work culture that prioritises innovation and collaboration. We offer competitive benefits, including professional development opportunities and a commitment to employee growth, ensuring you can advance your career while contributing to impactful projects in the heart of the financial services sector. Join us to be part of a team that values your expertise and fosters a supportive environment for meaningful contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Manager in Bradford
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services industry, especially those who know about credit risk modelling. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of stress testing and regulatory modelling. We recommend practising common interview questions related to model development and stakeholder management to show you’re the right fit.
✨Tip Number 3
Showcase your analytical projects! Bring examples of your previous work to interviews, especially those that align with the requirements of the role. This will demonstrate your hands-on experience and understanding of model performance.
✨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 proactive and engaged with our platform.
We think you need these skills to ace Senior Credit Risk Manager in Bradford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Credit Risk Manager role. Highlight your experience in model development and regulatory compliance, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
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 makes you a perfect fit for our team. Don’t forget to mention any relevant projects or achievements that showcase your expertise.
Showcase Your Stakeholder Management Skills:In your application, be sure to highlight your experience in managing stakeholders. We value strong communication and collaboration, so share examples of how you've successfully engaged with different teams or departments in your previous roles.
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, you’ll get to explore more about our company culture and values while you’re at it!
How to prepare for a job interview at MERJE
✨Know Your Models Inside Out
Make sure you have a solid grasp of the models you'll be discussing. Brush up on your knowledge of Stress Testing, climate and regulatory modelling (IRB/IFRS9). Be ready to explain how these models work and their importance in the credit risk landscape.
✨Showcase Your Stakeholder Management Skills
Prepare examples that highlight your experience in managing stakeholders. Think about times when you successfully communicated complex modelling concepts to non-technical audiences or collaborated with different teams to ensure model requirements were met.
✨Demonstrate Your Regulatory Knowledge
Familiarise yourself with the latest regulatory requirements related to model development. Be prepared to discuss how you’ve kept up with changes in the industry and how you would ensure compliance in your role.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to solve hypothetical problems related to model performance or risk management. Practice articulating your thought process clearly and logically, as this will showcase your analytical skills and decision-making abilities.
