Local Knowledge Global Resources Specialist Consultants
- New York
- Hong Kong
Credit Risk Modelling Roles - VP & AVP
Location: London, England, United Kingdom
Salary: £Excellent Base + Benefits + Bonus
A major Tier 1 bank is looking to build out a new team within their Credit Risk Analytics function
They are looking for both VP and AVP hires with experience of developing models using SAS and will consider anyone from the following background:
Capital Models - A-IRB
Pricing Models (retail products)
Ideally, you need to be highly proficient with SAS or, alternatively, be able to demonstrate coding ability in at least one other language.
There are roles at both VP and AVP level with commensurate packages for each grade.
The roles will form part of a new team that will primarily focus on developing stress testing models for Credit Risk.
The team are responsible for trying to predict losses under different scenario's, such as reduced income, rising costs, losses & impairments for macroeconomic reasons, changes in customer characteristics and changes in policy around appetite / pricing etc.
The team is extremely well regarded and were recently rated as the top performing team within the risk function. They are professional, focused, constructive, supportive and friendly.
This is an end to end model development role, from sourcing data, model building, output generation and working with model validation and implementation teams.
If you have a demonstrable track record of developing models in any of the areas mentioned above and are keen to progress your career in a new and progressive environment, please submit your CV and we can arrange a suitable time to speak.