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Senior CR Modeller

  • Location: Newcastle
  • Salary: Up to £58,000 per year
  • Job Type:Permanent

Posted 29 days ago

  • Sector: Credit Risk & Analytics
  • Contact: Nuhaa Mohamed
  • Contact Email:
  • Contact Phone: 0161 883 2762
  • Expiry Date: 23 April 2024
  • Job Ref: NM/11554N

Senior Credit Risk Modelling Analyst- Yorkshire or North East- Up to £58K!

To support Credit Risk team developing, monitoring, and maintaining credit risk models used across the organisation, within capital, provisioning, customer decisioning and other business needs.

Key Responsibilities:

  • To develop Credit Risk models.

  • To support the wider range of statistical modelling.

  • To support the development and maintenance of both IRB models for Basel III retail Credit Risk (PD, EAD, LGD), and customer decisioning models.

  • To enhance the organisations modelling capabilities.

  • To develop the knowledge and understanding of modelling within the business.

  • To lead production of regular model MI, distilling drivers of analytical trends, and communicating these to senior management and business stakeholders

  • To drive medium and long term forecasting models whilst engaging all stakeholders in other business areas and ensure functional impacts are incorporated accurately and transparently.

  • To explore new modelling approaches (clustering, segmentation, strategic analytics approaches etc.) for use in regulatory or operational risk models.

  • Provide guidance and support to junior analysts.

Key Requirements:

  • Previous experience within a Retail credit risk experience in a analytical role.

  • Model development/data science experience

  • Coding proficiency, SAS/Python is desirable but not essential

  • Credit risk modelling experience, this can include but is not limited to scorecards, IRB/Basel, IFRS9

  • Experience presenting/sharing insights with technical and non-technical audiences

  • Experience mentoring/coaching is desirable but not essential


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*Must be based in the UK with right to work as no sponsorship can be provided*

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities. If you would like this job advertisement in an alternative format, please contact MERJE directly.