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Senior Analyst - Credit Risk Modelling

  • Salary: £46000 - £64000 per annum + Bonus
  • Job type: Permanent
  • Location: Reading, Berkshire
  • Sector: Risk & Compliance
  • Date posted: 18/09/2017
  • Job reference: J374215A
This vacancy has now expired.

A Banking Institution is currently recruiting a Senior Analyst to boost their Credit Risk Modelling & Analytics team. The main purpose of the role is to conduct portfolio analysis, build and develop appropriate risk models and automated credit decisioning models/strategies to identify opportunities, mitigate risk/loss and provide analysis and insight to support the development of credit risk management.

Main responsibilities include (but will not be limited to):

  • Design, develop and implement credit risk models and scorecards validated to standards appropriate to the Bank and its activities.
  • Develop and maintain the credit risk stress testing framework and provide credit risk input to ICAAP, ILAAP and RRP.
  • Deliver forecasts and insight to provisions and losses including support for financial budgeting processes and key stakeholder requirements eg: investor presentations. Challenge business inputs, methodologies and assumptions for the calculation/forecasting of key provision information - Cost of risk, EL, arrears
  • Ensure that the data used to assess credit risk is fit for purpose in terms of quality, quantity, breadth and timeliness.
  • Provide input and oversight to the key credit risk systems used to support credit risk management including ownership of key external data feeds/sources.
  • Delivery of key analytical tools which support credit risk management.
  • Monitor developments across the credit industry. Make use of external market data available to benchmark performance, analyse and make recommendations where appropriate.
  • Prepare and develop portfolio analysis to identify risk concentrations within the portfolio and to influence, support and develop origination and portfolio management strategies.
  • Undertake strategic analysis of the portfolio, summarise results/conclusions and make recommendations where appropriate.
  • Use internal and external data available to analyse and monitor the portfolio and to develop strategies/processes to mitigate risk/losses.
  • Provide portfolio analysis to monitor shifts in population stability, trends on financial strength and/or signs of financial stress via risk grade scores and KRI's / characteristics.
  • Prepare written reports and recommendations on the results of analysis carried out.
  • Plan, prioritise and effectively manage workload to meet business objectives. Keep manager and stakeholders fully appraised of progress and timelines.

The successful candidate will have experience in design, development, monitoring and oversight of credit risk management models, scorecards and systems, as well as an understanding of credit risk management best practice and analytical skills, including SAS coding.

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