Place of Work:
Predominantly remote working
We operate a hybrid model of working both in the office and remotely. This role is therefore reliant upon having superfast, reliable Broadband connectivity. This role could suit someone in most UK locations who could, ideally, attend our London office once or twice a month.
Duties & Responsibilities:
• Produce Provision and Impairment forecasts for quarterlies, budgets etc
• Build PD, LGD, EAD and macro-economic forecasts for the bank for IFRS9 purposes
• Compile and produce management reports with relation to Provisions and Impairment Forecasts
• Drive understanding of impairment movement levers which will in turn inform the improvement of the IFRS9 based impairment methodology
• Deep dive into forecasting numbers and perform trend analysis to understand the Impairment and Provisioning data and produce insights on same
• Communicate analysis and findings with senior management and internal teams
• Data extraction (and automation) for model development, validation, and monitoring
• Completing regular reporting to drive insight into portfolio performance
Experience & Qualifications
Required:
• Experience working in an impairment role or developing IFRS9 models is essential
• You have a strong working knowledge of impairments / provisions within retail banking. Experience of developing, validating, or monitoring Credit Models is highly desirable
• Strong academic background with minimum classification of 2:1 in a highly numerate, scientific or computer science discipline
• Ability to use intermediate/advanced SAS/R to perform predictive analytics to determine key characteristics useful for use in loan acceptance rulesets
• Excellent communication skills with the ability to express technical ideas to a non-technical audience
• Effective management of own time/stakeholders
