Credit Modeller - London, United Kingdom - Investec

Investec
Investec
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description
Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa.

Our culture gives us our edge:

we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish.

We combine a flat structure with a focus on internal mobility.

If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.


Are you passionate about developing Credit Models that support effective credit risk management? If yes, we have an exciting opportunity for you to join our Credit Modelling team, with responsibility for developing and implementing Credit Models that are used for IFRS9 Expected Loss Estimation for the Banking Book.


What you will be doing:


  • Develop PD, LGD, EAD Models, and support other team members in the development of Credit Models.
  • Scope model requirements, review data, analyze portfolios, develop models, engage key stakeholders, and create model documentation.
  • Take models through internal governance process for approval and support the implementation of models.
  • Conduct annual reviews of models, review model performance, calibrate models, backtest models, and create supporting analysis on models.
  • Research, design and implement best practice methodologies for quantifying credit risk in line with Basel III A-IRB methodology and PRA Supervisory requirements.
  • Proactively engage with Credit and the Business unit to support understanding of Credit Models by providing model training and support.
  • Create documentation of model methodology, process and techniques used in the model development.
  • Support model implementation within the bank's credit risk framework.
  • Resolve ADHOC modelrelated issues.

What we are looking for:


  • Minimum of 2+ years of experience in model development for PD and LGD Models using Python/R language.
  • Excellent analytical skills: Quantitative Problem Solving and Judgements, and the ability to analyze, interpret and present complex analytical data, both verbally and in writing.
  • Strong interest in learning, understanding, and developing credit models and machine learning techniques.
  • Model documentation and presentation skills: prepare highquality analytical papers and present them in an effective manner appropriate to the target audience/key stakeholders.
  • Great ability to work collaboratively, selfmotivated, but also capable of working independently
  • Strong communication skills (Written, Verbal & Presentation skills).
  • Willingness to learn and adapt to change quickly.

Desirable skills:

- hands-on modelling experience in IRB roles

  • Understanding of SQL.
  • Good understanding of Git (GitHub/GitLab).
  • Proficient in Excel, databases/SQL, and Microsoft Office.


If you are passionate about developing Credit Models, have strong analytical skills, and enjoy working in a collaborative environment, then we would like to hear from you.

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