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    Manager - BCB Credit Risk Modelling - Cheshire, United Kingdom - Lloyds Banking Group

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    Full time
    Description

    Description

    JOB TITLE: Manager - Credit Risk Modelling

    SALARY: £73,521 - £81,690

    LOCATION(s) : Edinburgh, Bristol, Cardiff, Chester or Leeds

    HOURS: Full time

    WORKING PATTERN: Hybrid, 40% (or two days) in an office site

    About this opportunity

    An exciting opportunity has arisen for a Manager to join a collaborative team within the Business and Commercial Banking (BCB) Modelling Department.

    As an integral member of our management team you'll contribute to the development, maintenance and validation of our Probability at Default (PD), Exposure at Default (EAD), Loss Given Default (LGD), and regulatory Slotting models for Commercial Banking. These models play a key role in the calculation of regulatory capital, impairment, credit sanctioning, pricing decisions and portfolio reportage with exciting opportunities for future extended usage.

    In return, you'll be part of an inclusive and supportive team that comprises a wide range of experience and agile working patterns. We promote a team culture which strives to enable all our colleagues to enhance their potential. We have a reputation for successfully promoting and growing talent, and can support you through to the next stage of your career journey. You'll have the opportunity to deliver within a critical part of the business, growing your career and experience by delivering and contributing to the Credit Risk Modelling function and networking with colleagues across the division and Group.

    As a Manager you would be responsible for supporting the team's strategic delivery of LGD methodologies required to meet new regulatory requirements as well as ongoing BAU model validations and development. Whilst data analysis and statistical testing is required, the role equally provides a great opportunity for significant interaction with Risk and Finance teams cross Commercial Banking.

    We work closely with other teams in CRRM along with other areas in Risk including Business Support and Recoveries to help validate our quantitative findings.

    So what will you be doing?

  • You'll help maintain and support our existing PD, EAD, and LGD models by assessing their performance, and leading annual reviews
  • You'll lead other analysts in projects to propose model changes, working with stakeholders in the business to ensure they are fit for purpose
  • You'll be a key player in our governance process, communicating and presenting at all levels to gain support and approval of models through strong stakeholder management
  • You'll help upskill and train analysts in the team, through direct mentoring and project oversight
  • You'll support and provide technical expertise on future CRDIV model developments
  • You'll help oversee part of our quarterly IFRS9 process execution, as well as lead analysis on trends and interact with our internal stakeholders and external auditors
  • Why Lloyds Banking Group

    Like the modern Britain we serve, we're evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We're growing with purpose. Join us on our journey and you will too

    What you'll need

  • You'll have had experience in either BAU capital modelling, in a CRDIV model development, or a similar role
  • To succeed in this role you will need to have strong knowledge of SAS
  • You'll have a track record of end to end project management
  • You'll have an understanding of the current regulatory capital environment
  • Experience with stakeholder management, especially as it relates to driving change in an organization
  • Strong communication skills, both in writing and informally are a must
  • Strong analytical skills are also required
  • And any experience of these would be really useful

  • An understanding of Python, SQL, or Pyspak would be useful.
  • Commercial banking modelling experience would be beneficial, but is not required
  • Experience with IFRS9 modelling would be considered a plus
  • People management experience would also be useful
  • About working for us

    Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it's why we especially welcome applications from under-represented groups. We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know

    We also offer a wide-ranging benefits package, which includes:


    • A generous pension contribution of up to 15%


    • An annual performance-related bonus


    • Share schemes including free shares


    • Benefits you can adapt to your lifestyle, such as discounted shopping


    • 30 days' holiday, with bank holidays on top


    • A range of wellbeing initiatives and generous parental leave policies

    Want to do amazing work, that's interesting and makes a difference to millions of people?Join our journey.

    At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

    We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

    We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.



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