• GBP50000 - GBP80000 per annum
  • London, England, United Kingdom
  • Permanent, Full time
  • Selby Jennings QRF
  • 2018-06-13

Wholesale Credit Risk Modelling

  • Location: London, England, United Kingdom
  • Salary: GBP50000 - GBP80000 per annum
  • Job Type: Full time

This new opportunity is to join a very well regarded, growing function within a top tier investment bank based in London. The team is energetic, young and international. At an AVP position, it is a great chance to join a growing team and develop your quantitative skills, developing IRB credit risk models. You will be working across a range of different portfolios; IRB, stress test and IFRS 9. The team are growing as they running a massive project to redevelop the credit risk models over the next 4 years.

Wholesale Credit Risk Model Development

Job type: Permanent

Location: London

Salary: £50,000 - 80,000

This new opportunity is to join a very well regarded, growing function within a top tier investment bank based in London. The team is energetic, young and international. At an AVP position, it is a great chance to join a growing team and develop your quantitative skills, developing IRB credit risk models. You will be working across a range of different portfolios; IRB, stress test and IFRS 9. The team are growing as they running a massive project to redevelop the credit risk models over the next 4 years.

At this stage, the the position is open to seeing candidates from a variety of backgrounds. This may be having anywhere up to 5 years' experience based on a quantitative function developing credit risk models. Alternately they are open to seeing strong candidates from a relevant academic background (PhD) who have studied subjects will be related to this role, EG -Engineering/business/ statistics/ mathematics/ economics/ other quantitative subjects.

Responsibilities

  • Working on credit risk model development and validation for models such as PD, LGD, EAD models
  • Working on retail portfolio models; exposure to receivables finance portfolio
  • Work with Credit Risk analytics/quant modelling teams
  • To develop into a more senior management position
  • Leading a range of projects and gradually building up a modelling team of analysts.
  • Direct reporting to the Head of Credit Risk Modelling

Experience

  • Engineering or post-graduate in business/ statistics/ mathematics/ economics/ other quantitative disciplines from top tier institutes.
  • Strong credit risk analytics and model development and validation skills
  • Strong exposure to retail portfolios
  • Used tools such as SAS, R, C++, SQL, and Matlab
  • Exposure to time series analysis
  • IFRS9 Knowledge

Benefits:

  • Competitive base salary - Your salary will be based on your education, knowledge and experience.
  • Health care and pension package
  • Flexible working hours
  • Excellent progression structure with multiple career opportunities
  • great work/life balance environment
London, England, United Kingdom London England GB