Credit Risk Modelling Manager

Credit Risk Modelling Manager

Full-Time 55000 - 65000 £ / year (est.) Home office (partial)
Yorkshire Building Society

At a Glance

  • Tasks: Lead the redevelopment of credit risk models and support team development.
  • Company: Join YBS, a member-focused financial services provider with a collaborative culture.
  • Benefits: Enjoy 25 days holiday, flexible working, and a generous pension contribution.
  • Other info: Inclusive environment with excellent career growth opportunities and a focus on work-life balance.
  • Why this job: Make a real impact in credit risk modelling while developing your skills.
  • Qualifications: Experience in modelling, SAS coding, and knowledge of financial regulations required.

The predicted salary is between 55000 - 65000 £ per year.

About the role

The Credit Risk Modelling team are about to begin an exciting new programme of the redevelopment of all of our models - 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 the development of new scorecards and IRB models that are fundamental to the overall Credit Risk modelling landscape that also includes stress testing, IFRS 9 and climate risk models. 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 modeller with experience from your studies and your work experience.
  • Detailed understanding of IRB, Scorecards, IFRS 9 and Stress Testing Modelling.
  • An understanding of the requirements of the regulations relating to model development and the key stages in the overall development lifecycle.
  • A track record of delivering models or analytical projects within a business.
  • A good awareness of the Financial Services industry and associated regulatory landscapes.
  • SAS coding knowledge.
  • Ability to present findings and insights to 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.

Ready to apply? If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.

Credit Risk Modelling Manager employer: Yorkshire Building Society

At YBS, we pride ourselves on being an exceptional employer that values our members and fosters a supportive work environment. With a strong commitment to flexibility, inclusivity, and professional development, we empower our employees to thrive both personally and professionally. Our comprehensive benefits package, including generous holiday allowances and a robust pension scheme, ensures that you can build a rewarding career while maintaining a healthy work-life balance.
Yorkshire Building Society

Contact Detail:

Yorkshire Building Society Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Credit Risk Modelling Manager

✨Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those who work at YBS or similar companies. A friendly chat can open doors and give you insights that might just help you stand out.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss IRB, scorecards, and stress testing models. We want to see your expertise shine through!

✨Tip Number 3

Showcase your soft skills too! Being able to present findings and collaborate with others is key. Think of examples from your past experiences where you’ve successfully communicated complex ideas.

✨Tip Number 4

Don’t forget to 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 YBS team.

We think you need these skills to ace Credit Risk Modelling Manager

Credit Risk Modelling
IRB Models
Scorecards Development
IFRS 9 Knowledge
Stress Testing Modelling
Regulatory Compliance
SAS Coding
Analytical Project Delivery
Financial Services Industry Awareness
Presentation Skills
Stakeholder Engagement
Model Development Lifecycle Understanding
Team Collaboration
High Performance Team Support

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Credit Risk Modelling Manager role. Highlight your experience with IRB, scorecards, and stress testing modelling. We want to see how your skills align with what we're looking for!

Showcase Your Projects: In your application, don’t just list your skills—show us your achievements! Share specific examples of models or analytical projects you've delivered. This helps us understand your impact in previous roles.

Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to explain your experience and insights. We appreciate clarity, and it makes it easier for us to see your potential!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets to us directly, and we can’t wait to hear from you!

How to prepare for a job interview at Yorkshire Building Society

✨Know Your Models Inside Out

Make sure you have a solid grasp of IRB, scorecards, IFRS 9, and stress testing models. Brush up on your technical knowledge and be ready to discuss how you've applied these in your previous roles. This will show that you're not just familiar with the concepts but can also bring practical insights to the table.

✨Showcase Your SAS Skills

Since SAS coding knowledge is crucial for this role, prepare to demonstrate your proficiency. Bring examples of past projects where you've used SAS to develop models or analyse data. If possible, be ready to discuss specific challenges you faced and how you overcame them.

✨Understand the Regulatory Landscape

Familiarise yourself with the regulations surrounding model development. Be prepared to discuss how these regulations impact the modelling process and share any experiences you have in navigating compliance issues. This will highlight your awareness of the financial services industry and its complexities.

✨Communicate Clearly and Confidently

As this role involves presenting findings to stakeholders, practice articulating your thoughts clearly. Prepare a few key points about your past work that you can present succinctly. Remember, confidence in your communication can make a big difference in how your expertise is perceived.

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