Asset Risk Senior Modeller

Michael Page; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A renowned firm in the automotive financing and insurance sector seeks an Asset Risk Senior Modeller in London. The role involves leading model risk management efforts and requires strong expertise in data analysis, risk modelling, and excellent communication skills. Candidates will work in a collaborative environment to ensure robust delivery of key models and strategic projects.

Benefits

28 days annual leave

Pension 15% non-contributory

Private health cover

Qualifications

• Proven experience in risk modelling within the insurance or financial industry.
• Capital modelling experience and developing forecast models.
• Ability to communicate complex concepts to non-technical stakeholders.

Responsibilities

• Support the delivery of the Asset Risk strategy and operational delivery of model risk management.
• Engage with business stakeholders to ensure accurate delivery of key models.
• Challenge current practices and feed into the Asset Risk Strategy roadmap.

Skills

Risk modelling

Data analysis

Problem-solving

Communication

Agility in stakeholder engagement

Tools

Python

R

SAS

Job description

This Asset Risk Senior Modeller role sits in the Asset Risk Modelling Team, operating in a matrix way of working, responsible delivering a strong model risk management framework, and ensuring all forecast models are robustly implemented, operated, enhanced and developed in conjunction with joint ownership for the outcomes and outputs with business SME's.

A growing Financial Services regulated firm, based in London.

Client Details

My client provides a crucial offering in the automotive financing and insurance sector, to help provide their customers with insurance and finance packages to suit their needs.

Their success in the market is evident from excellent reviews, strong growth and UK coverage.

Based in London, 3 days a week in the office, seeking a Asset Risk Senior Modeller.

Description

As the Asset Risk Senior Modeller you will proactively support and inform the delivery of the Asset Risk strategy in alignment with the needs of the wider business strategy

You will work with the Modelling Manager to oversee the operational delivery of the model risk management framework in Asset Risk, ensuring model health, reporting, processing, auditing and reporting requirements are met and provide steer and challenge to ensure improvements are approved and delivered

You will take the lead and proactively engage with the critical thinking and operational activity needed for the accurate and timely delivery of the critical BAU requirements for all key models associated with residual value forecasting, maintenance spend, insurance, customer pricing, and economic capital

You will maintain a deep understanding of, and be responsible for the challenging of, the model components - design principles, use of data, assumptions, applied statistical and modelling techniques - for the BAU models, helping to create and deliver the effective communication required to bridge the gap between the models and Asset Risk deliverables

You will take the lead and proactively engage with the critical thinking and activity required to deliver the strategic projects from the Modelling team, ensuring all deliverables and outcomes are jointly owned with business SME's

You will work with the Modelling Lead to ensure the Modelling Team are as engaged with explaining and owning the outputs and outcomes as they are with operating and developing our models, and with the equivalent engagement from non-modelling teams

You will proactively challenge the way we work, and feed into the Asset Risk Strategy roadmap, and support in ad hoc queries where possible.

You will form collaborative relationships to ensure the Model Team deliverables (BAU and strategic projects) are effectively managed and delivered in line with a matrix way of working approach across the Asset Risk Operational Teams and fellow Asset Risk output owners

Profile

A successful Asset Risk Senior Modeller should have:.

• Proven experience in risk modelling within the insurance, or financial service or consumer industry.
• Capital modelling experience .
• Experience in forecasting models
• Developing forecast models.
• Proficiency in data analysis tools and programming languages such as Python, R, or SAS.
• Excellent problem-solving skills and attention to detail.
• Ability to communicate complex concepts to non-technical stakeholders effectively is very important in this role.
• An agile approach to working with variety of internal stakeholder in promoting clarity and understanding of the risk models.
• Knowledge of relevant regulatory frameworks.

Job Offer

Salary - competitive range (phone number removed)

Annual leave 28 days , you can buy or sell as needed.

Pension 15% non contributory (9% in probation).

Benefit - private health cover, more detail can be provided