Asset Risk Senior Modeller

www.topfinancialjobs.co.uk - Jobboard; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading company in automotive financing seeks an Asset Risk Senior Modeller to enhance their risk management and forecasting strategies. The role involves collaborating with business units and implementing effective models while maintaining oversight and driving continuous improvements. This position offers competitive pay and significant benefits, including a strong pension plan and private health coverage.

Benefits

Annual leave: 28 days with buy/sell options

15% non-contributory pension

Private health cover

Qualifications

• Proven experience in risk modelling within insurance or financial services.
• Experience developing and working with forecasting models.
• Knowledge of relevant regulatory frameworks.

Responsibilities

• Deliver a robust model risk management framework.
• Oversee operational delivery of model health and compliance.
• Lead strategic projects from the Modelling team.

Skills

Risk modelling

Data analysis

Communication

Problem-solving

Tools

Python

R

SAS

Job description

Location: London

Description:

This Asset Risk Senior Modeller role is within the Asset Risk Modelling Team, operating in a matrix environment. The role involves delivering a robust model risk management framework and ensuring all forecast models are effectively implemented, operated, enhanced, and developed, with shared ownership of outcomes with business SMEs.

A growing Financial Services regulated firm based in London.

Client Details

My client provides essential automotive financing and insurance services, offering tailored insurance and finance packages to customers. The company is recognized for excellent reviews, strong growth, and extensive UK coverage.

Based in London, with a requirement to work in the office 3 days a week, they are seeking an Asset Risk Senior Modeller.

Job Description

As the Asset Risk Senior Modeller, you will support and inform the delivery of the Asset Risk strategy aligned with broader business objectives.

You will collaborate with the Modelling Manager to oversee the operational delivery of the model risk management framework, ensuring model health, reporting, processing, auditing, and compliance requirements are met. You will provide oversight and challenge to facilitate continuous improvement.

You will lead and proactively engage in critical thinking and operational activities to ensure the timely and accurate delivery of BAU requirements for models related to residual value forecasting, maintenance spend, insurance, customer pricing, and economic capital.

You will maintain a deep understanding of model components—design principles, data use, assumptions, statistical and modelling techniques—and communicate effectively to bridge the gap between models and Asset Risk outputs.

You will lead strategic projects from the Modelling team, ensuring joint ownership of deliverables with business SMEs.

You will work with the Modelling Lead to ensure the team is engaged in explaining and owning outputs, fostering collaboration with non-modelling teams.

You will challenge existing processes and contribute to the Asset Risk Strategy roadmap, supporting ad hoc queries as needed.

You will build collaborative relationships to ensure the effective management and delivery of BAU and strategic projects across the Asset Risk teams and output owners.

Profile

The ideal Asset Risk Senior Modeller will have:

• Proven experience in risk modelling within the insurance, financial services, or consumer industries.
• Capital modelling experience.
• Experience developing and working with forecasting models.
• Proficiency in data analysis tools and programming languages such as Python, R, or SAS.
• Strong problem-solving skills and attention to detail.
• Effective communication skills for explaining complex concepts to non-technical stakeholders.
• An agile working approach and ability to collaborate with internal stakeholders to promote clarity and understanding of risk models.
• Knowledge of relevant regulatory frameworks.

Job Offer

Salary: Competitive range (phone number removed)

Annual leave: 28 days, with options to buy or sell days as needed.

Pension: 15% non-contributory (9% during probation).

Benefits: Private health cover, with additional details available upon request.