At a Glance
- Tasks: Lead the development of credit risk models and ensure they meet business needs.
- Company: Join Starling Bank, a forward-thinking company committed to diversity and inclusion.
- Benefits: Enjoy 25 days holiday, private medical insurance, and generous family-friendly policies.
- Other info: Flexible work environment with opportunities for professional growth and volunteering.
- Why this job: Make a real impact in credit risk modelling while working with a talented team.
- Qualifications: 5-10 years in impairment modelling and strong leadership skills required.
The predicted salary is between 70000 - 90000 £ per year.
We are looking for a talented and passionate Impairment Lead to join our Credit Risk Modelling Team. This role is critical for developing and maintaining credit risk models across Starling.
Responsibilities
- Owning the end-to-end development, execution and maintenance of IFRS 9 models.
- Working closely with stakeholders to ensure that model developments meet business requirements.
- Producing detailed model documentation, including methodology, assumptions, and limitations.
- Monitoring model performance and conducting regular reviews to ensure accuracy and stability.
- Collaborating with model validation teams to address any findings and ensure models are robust.
Qualifications
- Ideally a minimum 5-10 years’ experience in developing impairment models.
- Strong experience in team leadership roles.
- Proficient in the use of analytical tools, specifically Python.
- Graduate level education preferable, ideally in a numerical degree (or an equivalent work experience).
- A proven ability to interpret and comply with regulatory requirements.
- Proven experience in influencing, negotiation and relationship management.
- Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.
- Strong problem-solving skills and attention to detail.
- Excellent communication and teamwork abilities.
Benefits
- 25 days holiday (plus take your public holiday allowance whenever works best for you)
- An extra day’s holiday for your birthday
- Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
- 16 hours paid volunteering time a year
- Salary sacrifice, company enhanced pension scheme
- Life insurance at 4x your salary
- Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
- Generous family-friendly policies
- Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
- Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships
EEO Statement
Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity and inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.
Impairment Modelling Lead in Manchester employer: Starling Bank Limited
Starling Bank is an exceptional employer, offering a dynamic work culture that prioritises employee well-being and professional growth. With generous benefits such as 25 days of holiday, enhanced pension schemes, and a strong commitment to diversity and inclusion, employees are empowered to thrive both personally and professionally in a supportive environment. Located in a vibrant city, the role of Impairment Modelling Lead provides a unique opportunity to make a significant impact within a forward-thinking team dedicated to innovation in credit risk modelling.
StudySmarter Expert Advice🤫
We think this is how you could land Impairment Modelling Lead in Manchester
✨Network Like a Pro
Get out there and connect with people in the industry! Attend meetups, webinars, or even just grab a coffee with someone who works in credit risk modelling. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back on showcasing your expertise in Python and impairment models. Bring examples of your work or discuss past projects to demonstrate your capabilities.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to fit Starling's culture and values. Research their approach to credit risk and be ready to discuss how your experience aligns with their needs.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Starling.
We think you need these skills to ace Impairment Modelling Lead in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Impairment Modelling Lead role. Highlight your experience in developing impairment models and any leadership roles you've held. We want to see how your skills match what we're looking for!
Showcase Your Skills:Don’t forget to showcase your analytical skills, especially with Python! Include specific examples of projects or tasks where you’ve used these tools effectively. This will help us see your technical prowess right away.
Be Clear and Concise:When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read through your qualifications and experiences. We appreciate straightforward communication!
Apply Through Our Website:Finally, make sure to apply through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Starling Bank Limited
✨Know Your Models Inside Out
Make sure you’re well-versed in the IFRS 9 models and can discuss their development, execution, and maintenance. Be ready to explain your methodology, assumptions, and limitations clearly, as this will show your depth of knowledge and confidence.
✨Showcase Your Leadership Skills
Since this role involves team leadership, prepare examples that highlight your experience in leading teams. Think about times when you influenced stakeholders or managed relationships effectively, as these stories will demonstrate your capability to lead in a collaborative environment.
✨Brush Up on Python and Analytical Tools
As proficiency in Python is crucial, be prepared to discuss your experience with analytical tools. You might even want to bring along a project or two that showcases your skills, as practical examples can really set you apart from other candidates.
✨Prepare for Regulatory Discussions
Given the importance of compliance in this role, review relevant regulatory requirements and be ready to discuss how you’ve interpreted and adhered to them in past projects. This will show that you understand the bigger picture and can navigate complex regulatory landscapes.
