Credit Portfolio Analytics Manager in Swindon

As an IFRS 9 Modelling Manager you will lead a small team of credit modellers to develop risk models to forecast the Banks Loan Loss provisions. The remit covers all types of models within the Business Banking IFRS 9 Provisioning landscape (PD/LGD/EAD). The team’s focus is on the development, validation, management and monitoring of our models and providing first class support to our stakeholders across Risk and Finance. We are happy to consider flexible working approaches to help you perform at your best. At Nationwide we offer hybrid working wherever possible.

What you’ll be doing:

• Delivering and enhancing our Business Banking IFRS9 credit risk models.
• Managing key model activities, including quarterly economic model refreshes and PMA calculations.
• Ensuring outputs meet regulatory, Bank and stakeholder expectations.
• Developing and implementing IFRS9 models, delivering model outputs into business-as-usual processes.
• Presenting model outcomes with recommendations to address model limitations.
• Supporting ad hoc analysis, leading audit reviews of Business Banking IFRS9 model outputs.
• Producing robust analytics to inform committee and stakeholder decisions.
• Providing expertise on Business Banking modelling across the wider organisation.
• Supporting and developing junior team members.
• Contributing to broader discussions across the Bank's risk and modelling networks.

About you:

• Demonstrable and extensive experience in a Business/Corporate Credit Modelling role, covering areas such as IRB, IFRS 9, Stress Testing, Economic Capital and Pricing.
• Demonstrable experience developing and enhancing IFRS 9 Business/Corporate Credit Models, including PD, LGD and EAD models.
• Experience leading small teams as part of a IFRS9/Stress Testing modelling and BAU process.
• Significant involvement in most components of the Model Lifecycle (Scoping, development, implementation, monitoring).
• Confident explaining model outcomes to non-technical specialists and an ability to use persuasive arguments to influence key stakeholders.
• Excellent knowledge of a range of Credit Risk Modelling techniques for PD/LGD/EAD (IFRS9/Stress Testing/IRB).
• A degree in a numerate discipline subject (e.g. statistics, maths, engineering, econometrics).
• A solid foundation in statistical programming languages and data querying (SAS/SQL/Python/R).

Our customer first behaviours put customers and members at the heart of how we work together:

• Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs.
• Say it straight - We are brave in speaking out and saying what we think.
• Push for better - We don’t settle for mediocrity, we challenge the status quo.
• Get it done - We prioritise what will have the greatest impact.

The extras you’ll get:

• 25 days holiday, pro rata.
• Private medical insurance.
• A highly competitive pension.
• Access to an annual performance-related bonus.
• Training and development to help you progress your career.
• A great selection of additional benefits through our salary sacrifice scheme.
• Life assurance.
• Wellhub – access to a range of free and paid options for health and wellness.
• Up to 2 days of paid volunteering a year.

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us. We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.