Credit Stress Testing Specialist - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Brief

Sitting in the Credit Modelling team, the role (Senior Analyst/Manager level) will involve executing and developing credit stress testing models (covering business units such as Asset Finance, Leasing, Invoice, Property or Energy) but also other risk typessuch as Operational Risk, as well as analysing and communicating the results to stakeholders, including Finance and Risk Directors.

In addition, the role will involve supporting the development and maintenance of other stress testing initiatives (such as FinancialVolatility) as well as non-stress testing activities such as corporate IRB credit model development and maintenance, exploring new and existing data sources, and ensuring model compliance against regulatory standards.

Role

Stress Testing Model Execution and Development

Lead in the execution of stress testing models, including the sourcing and transformation of input data, analysis of model outputs, liaising with stakeholders, and communicating the results and key themes.
Lead in the design, development, implementation and maintenance of stress testing models, with a focus on credit to project forward IRB and IFRS9 risk metrics, to deliver unique and innovative modelling solutions to internal customers.
Enhance, evolve and support the wider stress testing framework and initiatives, being curious and creative in how these may potentially be used to support Risk Appetite and other reporting.
Support nonstress testing activities, in particular corporate IRB model development and maintenance.
Act as a key point of contact and source of knowledge on stress testing models across the bank; be recognised as a consistent source of business insight through development of modelling solutions and analytical insights.
Challenge and question existing processes and actively identify areas with potential for enhancement.
Provide guidance, coach and nurture other Analysts and Senior Analysts within the Credit Modelling team.
Develop, cultivate and maintain purposeful relationships with stakeholders, particularly with business Risk Directors and their teams.

Experience

You have experience of developing or running credit stress testing models or IFRS9 models, including the analysis and communication of model results, ideally for the purposes of an annual regulatory exercise such as ICAAP or Annual Concurrent Stress Test.
You have experience of engaging with multiple stakeholders and functions, such as Credit and Finance.
You have some familiarity and knowledge of IRB or IFRS9 credit risk models and their outputs.
You are comfortable extracting and manipulating large datasets to support risk models, including the use of modelling software tools, where experience with SAS would be particularly helpful.
You have knowledge of credit risk management processes and monitoring metrics.
You enjoy working within a varied team with diverse skillsets but also enjoy selfdirected work.
You are a clear communicator, both when written and verbally, being able to summarise complexity succinctly and in a straightforward style.
You are passionate about helping and supporting small and medium size businesses to thrive.