Harnham - Data & Analytics Recruitment
SENIOR CREDIT RISK MODELLER (6 MONTH FIXED TERM CONTRACT)
UP TO £100,000 PRO-RATED
LONDON
4 DAYS PER WEEK IN-OFFICE
An exciting opportunity to join a growing UK specialist bank operating across a range of secured and specialist lending products. With a strong focus on prudent risk management, the business continues to invest in its credit risk capability as part of ongoing portfolio and regulatory development.
THE COMPANY
This organisation is a UK-based specialist bank focused on secured and specialist lending across property and asset-backed products. Operating with a strong risk culture and a streamlined operating model, the business has grown steadily in recent years while continuing to invest in its credit and risk infrastructure. With an emphasis on prudent decision-making and regulatory best practice, it offers a collaborative environment where technical expertise has a genuine impact.
THE ROLE
This contract role will take ownership of redeveloping and enhancing core credit risk models across multiple lending portfolios. You will lead the technical design and delivery of updated models, ensuring they are robust, well-governed and aligned to regulatory expectations, while working closely with senior stakeholders across risk and lending.
Specifically, you can expect to be involved in the following:
- Leading the redevelopment of credit risk rating, ICAAP and stress testing models
- Designing and enhancing PD, LGD and Expected Loss frameworks across specialist lending portfolios
- Improving model risk sensitivity, transparency and governance standards
- Translating existing spreadsheet-based models into more scalable analytical solutions
- Managing the end-to-end model redevelopment process, including documentation and stakeholder engagement
SKILLS AND EXPERIENCE
The successful Credit Risk Modeller will have the following skills and experience:
- Proven experience building and redeveloping credit risk, scorecard or rating models
- Strong understanding of PD, LGD, EAD and Expected Loss methodologies
- Experience with ICAAP, stress testing, IFRS 9 or related regulatory models
- Background in specialist or secured lending environments (e.g. property or asset finance)
- Strong technical capability in Python or R, with advanced Excel skills
- Ability to communicate complex model outputs clearly to non-technical stakeholders
BENEFITS
The successful Credit Risk Modeller will receive a salary up to £100,000 pro-rated as well as a comprehensive benefits package.
To apply for this job please visit www.reed.co.uk.
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