Job DescriptionThe Role
We are seeking multiple IRB Credit Modelling Specialists to join our dynamic Financial Services client on a long-term contract engagement. This is a fantastic opportunity to contribute to innovative projects within a highly collaborative environment, offering up to £1000 per day (inside IR35).
Key Responsibilities:
- Lead the development and refinement of IRB credit risk models across the wholesale portfolio
- Implement industry best practices for quantifying credit risk, ensuring alignment with UK PRA's Basel 3.1 IRB standards and supervisory expectations.
- Work closely with relevant stakeholders to ensure accurate understanding, application, and implementation of models within the organisation’s credit risk framework.
The Candidate
- Extensive hands-on experience in developing wholesale credit risk models, ideally within IRB frameworks and adhering to regulatory standards such as PRA or EBA.
- Strong proficiency in SQL and experience with either SAS or Python.
- Exceptional analytical skills, with the ability to interpret complex data sets and present insights clearly to a range of stakeholders.
- Strong expertise in IRB regulation.
- Excellent written and verbal communication skills, with the ability to prepare high-quality documentation and engage effectively with stakeholders at all levels.
- Ability to work independently as well as collaboratively in a team environment. Adaptability and a keen interest in continuous learning and development.