Risk Modelling Manager

RISK MODELLING MANAGER – IFRS 9 Up to £75,000 FULLY REMOTE (UK ONLY) This role does not offer sponsorship. This is an exciting opportunity to join a top-tier UK financial services organisation, playing a key role in the development and delivery of IFRS 9 credit risk models across a range of mortgage products. This business has a strong reputation for employee wellbeing, flexibility, and offers generous holiday and remote working policies. THE COMPANY This business is a leading UK digital bank with a wide portfolio of retail and business banking services, including savings, mortgages, credit cards, and insurance. With a strong presence across major UK cities, they’ve built a culture focused on collaboration, work-life balance, and employee development. Their risk and analytics functions are highly regarded, and the organisation is investing significantly in data-led decision making. THE ROLE You’ll lead IFRS 9 model development within the mortgage’s portfolio, with a focus on PD and LGD model design and implementation. This is a hands-on technical role, but also requires strong stakeholder management and leadership skills. Your key responsibilities will include: Leading the development of IFRS 9 PD and LGD models for the mortgage’s portfolio. Managing and mentoring a team of two analysts. Supporting model monitoring, validation, and performance analysis. Contributing to stress testing and wider regulatory risk modelling as required. Collaborating with senior stakeholders to define modelling priorities and communicate insights effectively. Presenting technical recommendations in a clear and commercially relevant way. YOUR SKILLS AND EXPERIENCE Proven experience in developing PD and LGD models under IFRS 9. Strong understanding of credit risk across mortgage portfolios. Prior line management or mentoring experience. Advanced proficiency in SAS (knowledge of Python or R is also beneficial). Excellent communication and stakeholder management skills. Experience working in a UK banking or financial services environment. Degree in a numerate or analytical subject (e.g. Maths, Statistics, Economics, Engineering). THE BENEFITS Salary up to £75,000. Remote-first policy (team gathers occasionally throughout the quarter). 25 days holiday and excellent additional leave options. Strong focus on wellbeing and flexible working. Collaborative culture with structured development opportunities. HOW TO APPLY Please register your interest by submitting your CV via the Apply link on this page.

Location: UK, GB

Posted Date: 8/1/2025