Job Description

Key Responsibilities:

• Credit Risk Aggregation: Lead the implementation of tools like economic capital and earnings at risk models to deliver a holistic view of credit risk exposures.
• Model Maintenance & Validation: Ensure accuracy and compliance by maintaining, updating, and validating credit risk models in line with annual requirements.
• Risk Exposure Analysis: Deliver monthly and quarterly insights into portfolio changes and aggregate risk exposures across all business units.
• Risk Appetite & Strategy: Collaborate with the Head of Credit to set and cascade credit risk limits, ensuring strategic alignment with business objectives.
• Portfolio Optimization: Partner with business units to refine portfolios, leveraging credit tools to enhance alignment with risk strategies.
• Model Enhancement: Support business units by refining models for probability of default (PD), loss given default (LGD), and other critical metrics.
• Stakeholder Collaboration: Build strong relationships with credit quants, boosting their capabilities and model performance.
• Governance: Play a key role in the technical credit risk model approval process, ensuring compliance with group-wide standards.

Experience & Qualifications:

• Minimum Honors Degree in Finance, Financial Engineering, Quantitative Analytics, Actuarial Science, or a related field (postgraduate qualification is an advantage).
• 5+ years of banking experience with hands-on expertise in developing and maintaining credit risk models (PD, LGD, etc.) for retail and investment portfolios.
• Moodys Risk Frontier experience is essential for aggregating and analyzing credit exposures across portfolios.
• Expertise in Economic Capital Modeling and tools for aggregating credit risk exposures across multiple dimensions.
• Strong technical analysis, problem-solving, critical thinking, and data analytics skills.

Take the lead in driving innovative credit risk solutions and apply today!
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If you havent received a response within four weeks, please consider your application unsuccessful. Your profile will be retained for future opportunities.For more information, contact:
Andrea Morgan
Recruitment Consultant

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