Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead a team in developing and reviewing credit risk models while ensuring regulatory compliance.
- Company: Join a leading financial institution with a focus on innovation and excellence.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to influence key decisions and drive industry best practices.
- Why this job: Make a significant impact in the financial sector by enhancing model performance and risk management.
- Qualifications: Experience in modelling, strong analytical skills, and knowledge of regulatory requirements.
The predicted salary is between 60000 - 80000 £ 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.
- 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.
Credit Risk Manager - Banks / Financial employer: MERJE
Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Risk Manager - Banks / Financial
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services industry, especially those who work in credit risk. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of regulatory requirements. 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 experience with real-life examples during interviews. Talk about specific projects where you’ve successfully managed model development or analysis, highlighting your problem-solving skills and how you’ve navigated regulatory challenges.
✨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 Credit Risk Manager - Banks / Financial
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit Risk Manager role. Highlight your experience with 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!
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 the past.
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 on joining our team at StudySmarter!
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 financial 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 current regulatory expectations and best practices in model development. Be prepared to discuss how you've kept up with changes in regulations and how you’ve adapted your modelling approaches accordingly.
✨Be Ready for Scenario Questions
Expect questions that ask you to assess model performance or handle hypothetical situations related to model risk. Practice articulating your thought process and decision-making strategies clearly, as this will showcase your analytical skills and problem-solving abilities.