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IRB Model Manager

  • Location: London
  • Salary: up to £95,000 per year
  • Job Type:Permanent

Posted about 1 month ago

  • Sector: Credit Risk & Analytics
  • Contact: Nuhaa Mohamed
  • Contact Email: nmohamed@merje.com
  • Contact Phone: 0161 883 2762
  • Expiry Date: 20 February 2024
  • Job Ref: NM/11307

This high-profile role will be part of the team responsible for the development and maintenance of the Retail IRB models. The successful candidate will help to ensure that IRB developments are focussed on the strategic needs of the businesses as well as the latest regulations and internal standards.

Key Responsibilities:

Working as part of a team of quantitative modellers and helping manage the development of models to ensure the strategic IRB requirements are met, with high quality documentation and to agreed timelines

Working with internal stakeholders on the planning, building, validation, approval, implementation, and use of the models built

Helping with model assurance to ensure the models remain effective and accurate

Being a subject matter expert for retail IRB models

Being responsible for line management responsibilities for technical analysts

Key Requirements:

Work experience with Basel IRB modelling requirements, regulations, and proven track record of Credit Risk modelling (e.g. IRB/IFRS9) with working experience in technical teams and as well as with senior stakeholders

Excellent quantitative and analytical ability along with experience in relevant mathematical approaches, advanced computer literacy, in particular coding language (SAS, Python or R) and degree level or above in a highly numerate subject

If interested, send your CV through to nmohamed@merje.com