At a Glance
- Tasks: Support credit risk oversight and develop quantitative models for effective analysis.
- Company: Join Mobilize Financial Services, part of the Renault Group, focused on customer-centric solutions.
- Benefits: Enjoy 27 days annual leave, performance bonuses, and flexible benefits.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in a dynamic environment while building your career.
- Qualifications: Intermediate Excel skills and knowledge of risk frameworks; passion for development.
The predicted salary is between 30000 - 40000 £ per year.
At Mobilize Financial Services, part of the Renault Group, we are a financial services provider focused on delivering customer-centric solutions that support our customers throughout their journey. We offer a dynamic and collaborative environment where you can build a meaningful career. Driven by integrity, innovation, and teamwork, we are committed to delivering high-quality customer experiences while supporting the growth and development of our people.
About the Role
We are looking for a Risk Graduate to own and support the credit underwriting quantitative manager with second line oversight activities across all Credit Risk positions, underwriting issues, and oversight responsibility in accordance with the risk appetite statement. You will build collaborative relationships with the 1st line of Defence Credit / Underwriting team.
Key Responsibilities
- Monitor and report on all Large Exposure Daily positions – including daily monitoring.
- Second line of defence review of MFS underwriting credit portfolio, in line with the bank’s credit risk policies & the Department’s Risk procedures.
- Primary Dealer and Underwriting counterparty assessments.
- Credit model review and procedure review on aspects such as ECL, PD, LGDs, EADs.
- Scorecard Oversight & Quantitative Development.
- Ownership of Loan Origination Policy.
- Thematic reviews on underwriting process and controls.
- Drive governance around model changes or updates, and ensure approval at relevant Risk committees.
- Develop executive reporting and review reports.
- Monitor and report on counterparty exposures.
- Oversight and some preparation of regulatory reports.
- Development, collation, preparation, and presentation of Management Information for Excomm, CRC, ERC, BRC.
- Ad hoc support to the Head of FRR and CRO.
- Support the development of Risk appetite statement.
- Support the development of the Recovery plan.
- Support the Risk Management Framework development.
- Macro Economic/Micro Economic Outlook.
About You
- Entrepreneurial attitude, thinking on a macro scale while managing micro-processes.
- Intermediate capability in Excel and other tools/systems (R, Python, C++, Java).
- Key culture behaviours across Risk embedding mindset, self-starter and proactive across key day-to-day initiatives.
- Highly literate and numerate able to convey messages in a succinct way.
- Understanding of Risk Frameworks / Governance and Risk Policy.
- Attention to detail and accuracy.
- Experience of Risk Analytics and Modelling.
- Strong eye for detail and high personal standards.
- Set & maintain high operational standards to satisfy management expectations.
- Absolute discretion; the incumbent will have access to very sensitive bank data.
- Demonstrable passion for continued professional and personal development.
- Ability to build strong relationships internally with other departments, and influence others in a collaborative and positive manner.
What we offer
- 27 days annual leave + bank holidays.
- Performance-based bonus.
- Loan Plan Scheme – up to 2 vehicles at any one time.
- Flexible benefits including retail vouchers, private dental, and health screening.
- Cycle to Work & Gym Flex schemes.
- Preferential staff savings account.
- Wellbeing support through OneHealth.
- Employee Assistance Programme (EAP) offers confidential support for personal or work-related issues.
Risk Graduate - Second Line of Defence Credit Risk Oversight in Maple Cross employer: Mobilize Financial Services
At Mobilize Financial Services, we pride ourselves on being an excellent employer that fosters a dynamic and collaborative work environment. Our commitment to integrity, innovation, and teamwork ensures that you will have ample opportunities for personal and professional growth, while our comprehensive benefits package, including 27 days of annual leave and wellbeing support, reflects our dedication to employee wellbeing. Join us in a global business where your development truly matters and be part of a team that values your contributions.
Contact Details:
Mobilize Financial Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Risk Graduate - Second Line of Defence Credit Risk Oversight in Maple Cross
✨Tip Number 1
Network like a pro! Reach out to current employees at Mobilize Financial Services on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of credit risk frameworks and quantitative analysis. We want you to show off your skills and passion, so practice common interview questions and have some examples ready!
✨Tip Number 3
Don’t forget to showcase your collaborative spirit! During interviews, highlight experiences where you’ve worked in teams or built relationships across departments. This aligns perfectly with the teamwork vibe at Mobilize.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Mobilize team. Let’s get you that dream job!
We think you need these skills to ace Risk Graduate - Second Line of Defence Credit Risk Oversight in Maple Cross
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Risk Graduate role. Highlight any relevant experience or skills that align with credit risk oversight and quantitative analysis. We want to see how you fit into our dynamic environment!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for risk management and how your entrepreneurial attitude can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to mention your intermediate skills in Excel and any programming languages like R or Python. We’re looking for someone who can dive into data, so let us know how you’ve used these tools in the past!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on board with Mobilize Financial Services. Let’s make it happen!
How to prepare for a job interview at Mobilize Financial Services
✨Know Your Risk Frameworks
Make sure you brush up on your understanding of risk frameworks and governance. Familiarise yourself with the specific policies and procedures that Mobilize Financial Services follows, as this will show your genuine interest in the role and the company.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with risk analytics and modelling. Bring examples of how you've used tools like Excel, R, or Python in previous projects. This will demonstrate your technical capabilities and your ability to contribute to the quantitative aspects of the role.
✨Build Collaborative Relationships
Think about how you can illustrate your ability to build strong relationships across departments. Prepare examples of past experiences where you successfully collaborated with others, as this aligns with the teamwork culture at Mobilize Financial Services.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's approach to credit risk oversight and the specific challenges they face. This not only shows your enthusiasm for the role but also your proactive attitude towards understanding the business better.
