Job Title: Senior Credit Risk Analyst

Salary: £30,000 – £50,000

Location: Solihull

Hours: 37.5 hours per week – whilst our standard hours are Monday to Friday, 8.30am to 5.00pm (one hour for lunch) flexible working is encouraged, and your preferred options will be considered.

Description:

Taking responsibility for the development, analysis, validation, implementation and monitoring of Credit Risk Scorecards and PD models.

Key Duties:

• The development of Credit Risk Application and Behaviour Scorecards that will be used throughout the account lifecycle, from application stage through to collections
• The development of the PD models as required under the IRB and/or IFRS9 frameworks
• Calculating and monitoring the PD model outputs to ensure stability of the framework, identifying adverse changes to be actioned
• Producing in-depth documentation of the models and the production framework to the required standard to obtain the relevant sign-off
• Implementing the models into the live environment in a manner that is consistent with the development objectives
• Creating and producing the required regular validation of the models
• Ensuring the regular monitoring of the stability, integrity and effectiveness of the models, highlighting adverse changes and proposing remedial action plans
• Timely production of the full suite of monitoring reports required as part of the model governance framework
• Ensuring data integrity, documentation, validation, stability and controls are in place for all data elements used within the modelling and live production of the model outputs
• Supporting in the development and execution of the stress testing framework
• Providing support and development to junior analysts

Key Skills/Experience Required:

• Good knowledge and understanding of general statistical modelling (Logistic and Linear Regression, Scorecard development, Reject Inference) and related stats (Gini, information value, K statistic, R squared, population stability etc.)
• Proven experience in statistical modelling and analytics across the account life cycle
• Good working knowledge of CRA and behavioural data
• Degree level education (min 2:1) in mathematics, statistics or equivalent
• Excellent verbal and written communication skills
• Ability to work independently and, at the same time, support the wider project team as needed

Preferable to have:

• Modelling experience using SPSS or SAS
• Experience of IRB PD models and rating systems

In return for your hard work, you will earn a starting salary of £30,000 – £50,000 and excellent benefits.

Morgan Parkes Recruitment Ltd operate in the UK and can only process applications from candidates who are currently eligible to live and work in the UK. We operate a strict equal opportunities policy.

Personal data you supply will be used for contacting you via telephone or email about our service. Your data will be kept securely and retained in line with GDPR regulations. You have the right to withdraw your consent to the use of your personal data for the specified purpose at any time.