Lead Credit Risk Modeller – 4 day working week – IRB / IFRS9

Newcastle Upon Tyne, Tyne And Wear
Reed

This is an opportunity to join a progressive organisation who are embarking on an exciting programme of work, to achieve an IRB waiver by FY25. This is fantastic opportunity to lead this project from day one, in an organisation that has technology at the heart of everything they do! This business operate a 4 day working week policy, which has been in place for over a year and is now formally written into all employee contracts.

The CompanyThis business are one of the leading names in the fintech sector with significant presence in the UK. They are credited for helping to define a modern day approach to a very traditional, and dated, service that everybody in the UK uses. From a technical perspective, everything has been purposely built from the app to the infrastructure of the company, all native and cloud based. As a result, new products and updates can be released to a very loyal customer base instantly.

The MissionThis organisation are driven to achieve their A-IRB waiver. Alongside this, you will be working within the intelligence team who leverage big data technology to maximise returns from data assets. This is achieved through providing MI, exploratory analysis & predictive models. As a result, strategies are shaped in pricing, marketing, product development and credit risk. Your work really does underpin a huge part of how this business runs.

The RoleIn this position, you will support the initiatives within the regulatory and compliance space within risk; IRB, forecasting & stress testing. You will provide support and guidance to a team of credit risk modellers and support the excellent work they do. We’re not looking for a perfect technical fit, this client are big tech agnostic believers. We’re looking for skills and experience within IRB, to help this client on their journey.

Below is a list of some of the skills and experience that we’re looking for. IRB experience is absolutely essential and non-negotiable:- Experience of modelling techniques: collaborative filtering, support vector machines, neural networks etc.- Experience of data analysis tools: SQL, R, Python, SAS or similar- Strong communication skills: especially when talking to non-technical stakeholders- Self-starting approach to work with excellent time management skills

In reward for your hard work, is a very impressive benefits package. Below is an overview of the package but not an exhaustive list:- Flexible & Remote working- 4 Day Working Week- Annual Share Option – performance related- Incredibly generous company pension scheme (maximum of 13% of Atom input – candidate can put in more)- ‘All About Me’ fund: £200 per year to spend on personal development- 22.5 days holiday + 8 statutory days (equivalent to 28 days based on a 5 day working week)- Private Medical Insurance for you and full family- Health Cash Plan – expenses paid on Optical/Dental/other appointments/treatments- Life Insurance – 4 times annual salary- Critical illness cover – 1 x lump sum annual salary- Cycle to work Scheme- Continuous development – professional qualifications