Job Description

• IRB Model Development Team
• Risk Analytics
• Predictive Credit Risk Measurement Models

My client is a large Bank and are looking for a Head of Lending to work in the IRB Model Development team in Risk Analytics.

The role is hybrid working and would require you to be in the office for 2-3 days a week, probably two days a week.

This is an integral role for the Bank as the team are responsible for the design and delivery of predictive credit risk measurement models relating to the Bank\'s capital models. These models determine the level of risk associated with individual borrowers, and drive the determination of the Bank\'s regulatory capital requirements.

The team is currently undertaking a multi-year redevelopment of all IRB models followed by the rollout of new IRB models, which represents a key strategic objective for the bank. The role involves working closely with colleagues across the Business, Credit Risk and the Chief Data Office.

The Head of Lending (IRB Model Development) is responsible for the re-development of existing and new IRB models for specialised lending under the banks\' IRB rollout plan.

Key Responsibilities Include:
They\'re looking for someone who would be interested in and has delivered:

• Leading the development of IRB models to support business decision making, risk management and estimation of regulatory capital requirements in line with internal development standards and policies.
• Managing teams involved in the development of IRB models, guiding them in the development of technical skills as well as core behavioural competencies;
• Engaging with senior stakeholders across the Business, Finance and Risk to ensure that IRB models can facilitate business needs while meeting regulatory requirements and provide enhancements to the application of risk management within the Bank;
• Engaging with regulatory bodies and internal second and third line of defence assurance teams as part of the on-going cycle of review of their models;
• Leading the development and refinement of standards and methodologies required to deliver these models and ensuring they are Embedded within the development team.

This is an exciting opportunity to really impact IRB models in a large bank, to play a major role and be responsible for the design and delivery of predictive credit risk measurement models, so please apply immediately to be considered if you have the relevant experience.

Exalto Consulting