At a Glance
- Tasks: Develop and maintain IFRS9 Provisioning Models while monitoring their performance.
- Company: Join Vanquis, a leading specialist bank with a caring culture.
- Benefits: Enjoy competitive pay, annual reviews, bonuses, and career growth opportunities.
- Why this job: Make a real impact in banking while growing your skills in a supportive environment.
- Qualifications: Experience in complex modelling and a strong analytical mindset.
- Other info: Be part of a top-rated employer that values its people and community.
The predicted salary is between 36000 - 60000 £ per year.
At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life’s opportunities. Established in 1880, we’re now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.7 million UK customers. We see ourselves as the bank that’s got your back.
Vanquis has been named one of the Financial Times UK’s Best Employers 2025, ranking in the top 50 nationwide and seventh in Banking and Financial Services. This recognition is based on independent employee feedback, reflecting our strong workplace culture, career growth opportunities, and commitment to our people. We are proud signatories of the Armed Forces Covenant and actively support the Armed Forces community, including veterans, reservists, and military families.
We take care of our colleagues as well as our customers, creating a workplace where everyone feels connected, valued, empowered and rewarded – all guided by our four core values – caring for people, pulling together, finding better ways and getting the right things done. Rewarding our colleagues goes beyond pay. We’re building a culture where everyone feels valued, motivated, and proud. Alongside competitive salaries, we offer meaningful benefits, annual salary reviews, a discretionary bonus scheme and evolving recognition.
We care about your career and ambitions just as much as you do, offering tools, guidance and opportunities to help you grow. Take ownership, stay curious and we’ll match your ambition with unique experiences, hands-on learning and tailored development to support your career journey.
The role
To develop, maintain and strengthen our IFRS9 Provisioning Models. The role will involve complex modelling to develop, monitor and take full ownership of the bank’s provisioning models under IFRS 9. There is an overarching responsibility to understand and evaluate impairment impacts as the Bank grows and launches new products and services. The individual will need to be capable of taking a more holistic view of the interaction of the model with the business to identify periods when business changes, or short-term fluctuations, may be leading to variances, and suggesting appropriate adjustments to the models.
Responsibilities:
- Develop, monitor and calibrate the Bank’s provisioning models.
Model Impairment Manager - 6 month FTC employer: Vanquis
Contact Detail:
Vanquis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Model Impairment Manager - 6 month FTC
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. At Vanquis, they care about their people, so show them how you align with their mission and values during your chat.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows that you’re genuinely interested in the role. And remember, apply through our website for the best chance!
We think you need these skills to ace Model Impairment Manager - 6 month FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Model Impairment Manager role. Highlight any relevant experience in IFRS9 provisioning models and data analysis to show us you’re the right fit.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about the role and how your values align with ours at Vanquis. Don’t forget to mention specific examples of your past achievements.
Showcase Your Analytical Skills: Since this role involves complex modelling, make sure to emphasise your analytical skills in both your CV and cover letter. We want to see how you’ve tackled similar challenges in the past and what tools you used.
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 us you’re keen on joining our team!
How to prepare for a job interview at Vanquis
✨Know Your Numbers
Make sure you brush up on your knowledge of IFRS 9 and provisioning models. Be ready to discuss how you've worked with complex modelling in the past, and think about specific examples where you've had to adjust models based on business changes.
✨Show Your Caring Side
Vanquis prides itself on caring for its customers and employees. During the interview, share experiences that highlight your ability to empathise and support others, whether it’s colleagues or clients. This will resonate well with their core values.
✨Be a Team Player
Since the role involves collaboration with decision science and data teams, be prepared to discuss how you’ve successfully worked in teams before. Highlight instances where you pulled together with others to achieve a common goal, showcasing your teamwork skills.
✨Ask Insightful Questions
Prepare thoughtful questions about the company culture and growth opportunities at Vanquis. This shows your genuine interest in the role and aligns with their commitment to career development. It’s also a great way to assess if the company is the right fit for you.