Stress Testing Modelling Manager

Stress Testing Modelling Manager

Our client, a specialist bank, is looking to recruit a Stress Testing Modelling Manager within their London office, with hybrid working. You will be based in the Model Development team and will develop, monitor and maintain optimised models for credit risk and capital purposes, coordinating effort across the Credit Risk and Finance functions of the organisation.

Role Responsibilities:

• Leading the re-development, enhancement, documentation and execution of the banks Pillar 2A Credit Risk and Pillar 2B stress testing models for the annual planning and stress testing cycles
• Providing insight and recommendations on key outputs from the process to aid the front-line business in understanding their overall risk profile and driving strategic objectives in line with PRA best practice guidelines
• Identifying and implementing model changes and enhancements as needed
• Supporting the teams ongoing IFRS 9 expected losses activities
• Maintenance and continuous improvement of an appropriate data structure to deliver efficient and effective model risk management
• Providing support to the broader Risk and Compliance function where required

Qualifications and Experience Required:

• A strong understanding of Credit Risk with extensive relevant experience in developing Credit Risk Models
• Significant experience of undertaking stress testing and forecasting exercises
• Thorough understanding of IFRS 9 model requirements and development experience
• Strong mathematical and statistical background and knowledge of statistical modelling techniques
• Significant experience of using SQL & SAS; knowledge of other programming languages an asset
• Excellent written and presentational skills

Stress Testing Modelling Manager employer: [Employer hidden — view at passion-project.co.uk]

Our client is an exceptional employer, offering a dynamic work environment in the heart of London with hybrid working options that promote work-life balance. Employees benefit from a culture of collaboration and innovation, with ample opportunities for professional growth and development in the field of credit risk modelling. The company prioritises employee well-being and provides a supportive atmosphere where your contributions directly impact strategic objectives and compliance with industry best practices.

Contact Detail:

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StudySmarter Expert Advice 🤫

We think this is how you could land Stress Testing Modelling Manager

✨Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those who work in credit risk or modelling. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss stress testing models and IFRS 9 requirements. We want you to shine when they ask about your experience with SQL and SAS!

✨Tip Number 3

Showcase your problem-solving skills! During interviews, be ready to share examples of how you've tackled challenges in model development or risk management. This will help demonstrate your value to potential employers.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Stress Testing Modelling Manager

Credit Risk Modelling

Stress Testing

Forecasting

IFRS 9

Statistical Modelling Techniques

SQL

SAS

Mathematical Skills

Documentation Skills

Data Structure Management

Communication Skills

Presentational Skills

Model Development

Risk Management

Some tips for your application 🫡

Tailor Your CV:

Make sure your CV is tailored to the Stress Testing Modelling Manager role. Highlight your experience with credit risk models and stress testing, and don’t forget to mention your skills in SQL and SAS. We want to see how your background fits perfectly with what we’re looking for!

Craft a Compelling Cover Letter:

Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your experience aligns with the responsibilities listed. We love seeing enthusiasm and a clear understanding of the job, so let your personality come through!

Showcase Your Skills:

In your application, make sure to showcase your mathematical and statistical skills. Provide examples of how you've used these in past roles, especially in developing or enhancing credit risk models. We’re keen on seeing your analytical prowess in action!

Apply Through Our Website:

Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us and what we stand for at StudySmarter!

How to prepare for a job interview at [Employer hidden]

✨Know Your Models Inside Out

Make sure you have a solid grasp of credit risk models, especially the Pillar 2A and 2B stress testing models. Be prepared to discuss your experience with these models and how you've contributed to their development or enhancement in previous roles.

✨Brush Up on IFRS 9 Requirements

Since the role involves IFRS 9 expected losses activities, it’s crucial to understand the model requirements thoroughly. Review the latest guidelines and be ready to explain how you've applied them in your past work.

✨Showcase Your Technical Skills

Highlight your experience with SQL and SAS during the interview. Prepare examples of how you've used these tools for model development or data management, as well as any other programming languages you know that could be relevant.

✨Communicate Clearly and Confidently

Given the importance of presentational skills in this role, practice explaining complex concepts in a straightforward manner. Think about how you can convey insights from your modelling work to non-technical stakeholders effectively.

Stress Testing Modelling Manager

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