At a Glance
- Tasks: Lead the execution of credit risk models and ensure compliance with IRB requirements.
- Company: Join YBS, a member-focused financial institution that values people over profits.
- Benefits: Enjoy 25 days holiday, a bonus scheme, and a generous pension contribution.
- Other info: Flexible working options available to support your work-life balance.
- Why this job: Be part of a critical programme shaping the future of credit risk management.
- Qualifications: Experience in credit risk and knowledge of IRB processes are essential.
The predicted salary is between 55000 - 65000 £ per year.
We have an exciting opportunity for a Manager to join our Credit Risk team here at YBS.
The Credit Risk Model Execution & Insight team play a key role in the way financial sustainability and credit risk is managed within the Society. YBS is about to begin an exciting new programme, developing an Internal Ratings Based approach to calculating capital for the Society - this delivery is critical to the purpose and growth ambitions of YBS so there couldn’t be a better time to join!
You will play a key role in making sure the Society is ready for its IRB application - making sure that IRB models are fundamental to the way YBS manages risk; and managing the delivery of the Use and Experience test activity critical components of any IRB application. While you’ll have no direct reports, this is a highly visible role within the team, and you’ll be expected to share your SME knowledge and support others with their development and help create a high performing team. We work on a hybrid basis, with a degree of travel to the office. We are also happy to discuss flexible working arrangements.
About you
- First and foremost, you’ll be an experienced risk professional, with experience working with an established or aspiring IRB firm.
- Detailed understanding of IRB requirements and the application process, IFRS 9 and Stress Testing/ICAAP exercises.
- An understanding of the requirements relating to the IRB Use and Experience test, and the modules of an IRB application.
- A track record of delivering for change programmes and Stress Testing exercises.
- A good awareness of the Financial Services industry and associated regulatory landscapes.
- Ability to influence and organise competing priorities across the team and key stakeholders.
About us
At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.
Flexibility
We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you. We’re happy to talk flexible working and you can reach out to us anytime to discuss this during the recruitment process.
Development
We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.
Inclusivity
We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.
About our Benefits
- Holiday: You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
- Bonus: At YBS we work collaboratively and share in our success together, so when we reach our goals we’re all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).
- Pension: We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.
- Healthcare: Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.
- My Benefits: When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts.
Credit Risk Manager in Leeds employer: Yorkshire Building Society Group
Contact Detail:
Yorkshire Building Society Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Risk Manager in Leeds
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work at YBS or similar firms. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for the interview by brushing up on your IRB knowledge and recent trends in credit risk management. We want to see you shine, so practice articulating your experience and how it aligns with YBS's goals.
✨Tip Number 3
Showcase your soft skills! Being able to influence and organise competing priorities is key. Think of examples from your past where you've successfully navigated challenges and helped teams thrive.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Credit Risk Manager in Leeds
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit Risk Manager role. Highlight your experience with IRB requirements and any relevant projects you've worked on. 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 and how your background makes you a perfect fit for our team. Don’t forget to mention your understanding of the financial services industry!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to deliver change programmes and manage competing priorities. We love seeing quantifiable results, so don’t hold back!
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 ensures you’re considered for this exciting opportunity at YBS!
How to prepare for a job interview at Yorkshire Building Society Group
✨Know Your IRB Inside Out
Make sure you have a solid grasp of the Internal Ratings Based (IRB) approach and its requirements. Brush up on the application process, IFRS 9, and Stress Testing/ICAAP exercises. Being able to discuss these topics confidently will show that you're not just familiar with the theory but can apply it practically.
✨Showcase Your Change Management Experience
Prepare examples from your past roles where you've successfully delivered change programmes or managed Stress Testing exercises. Highlighting your track record in these areas will demonstrate your capability to contribute to YBS's ambitious growth plans.
✨Understand the Financial Services Landscape
Familiarise yourself with the current regulatory environment and trends in the financial services industry. This knowledge will help you engage in meaningful discussions during the interview and show that you’re proactive about staying informed.
✨Be Ready to Influence and Collaborate
Think of ways you've influenced stakeholders or organised competing priorities in your previous roles. YBS values collaboration, so showcasing your ability to work well with others and drive results will make you stand out as a candidate.