Credit Quantitative Oversight Manager

Renault Group; Maple Cross; On-site; GBP 90,000 - 130,000; Full time

Job summary

Renault Group is seeking a senior risk professional to own and develop relationships across RCI/MFS, overseeing credit risk positions and underwriting controls. The role focuses on second line review, model validation, and governance, with opportunities to lead quantitative development and executive reporting.

You will mentor junior staff, build dashboards in Power BI, and partner with senior stakeholders to ensure robust risk management and regulatory compliance within the Credit portfolio.

Qualifications

• Advanced capability in Excel and Power BI for risk analytics and reporting.
• Strong quantitative modelling and data analysis skills with attention to detail.

Responsibilities

• Provide Second line of defence review of MFS underwriting credit portfolio in line with risk policies.
• Lead model reviews on ECL, PD, LGD, and EAD, and ensure compliance with governance.
• Develop executive risk reports and dashboards for committees and senior management.
• Mentor and develop junior team members in risk analytics and modelling practices.

Skills

Power BI

Excel

Quantitative modelling

Risk analytics

Stakeholder comms

Leadership

Tools

R

Python

C++

Java

Job description

CompanyRCI BANK UK LTDJob DescriptionTo own, support, manage and develop key relationships across RCI/MFS including; managing the oversight of all Credit Risk positions, underwriting issues, and oversight responsibility in accordance with the risk appetite statement.Build collaborative relationship with 1st line of Defence Credit / Underwriting team.Maintain and update the Bank’s Risk policies and the department’s risk procedures, provide in-depth analysis, market trends and horizon outlook, while keeping stakeholders informed on all critical developmentsBuild Quantitative models for effective challenge of 1st line of defence outputs, stay abreast of model changes, model development, implementation and validation across the Credit portfolio.ResponsibilitiesProvide Second line of defence review of MFS underwriting credit portfolio, in line with the bank’s credit risk policies & the Department’s Risk proceduresPrimary Dealer and Underwriting counterparty assessmentsProvide Second line challenge on loan approval processProvide Second line attestation on approval processOwnership of Model review and procedure review on aspects such (ECL,PD, LGDs, EADs)Scorecard Oversight & Quantitative DevelopmentQuantitative Modelling capabilityOwnership of Loan Origination PolicyThematic reviews on underwriting process and controlsDrive governance around model changes or updates, and ensure approval at relevant Risk committeesDevelop executive reporting, review reportsMonitor and report on counterparty exposures & Macro Economic/Micro Economic Mindset & OutlookRegulatory reporting oversight – second line review and approvalOversight and some preparation of regulatory reportsMonitor and report on all Large Exposure Daly positions – including daily monitoringOversight of risk models operating in accordance with policy and use test – including annual review of model inventoryAd hoc support to the Head of FRR and CROMentoring and managing junior members of the teamRisk appetite statement & Risk Management Framework developmentRecovery planModel risk management (incl EUC) policyKnowledge and SkillsEntrepreneurial attitude, you think on a macro scale while managing micro-processesAdvanced capability in Excel, Power BI & other tool/systems(R, Python, C++, Java)Key culture behaviours across Risk embedding mindset, self-starter and proactive across key day to day initiativesHighly literate and numerate able to convey messages in a succinct wayUnderstanding of Risk Frameworks / Governance and Risk PolicyAttention to detail and accuracyExperience of Risk Analytics and ModellingBe able to liaise with Executives, Board members & senior RCI HQ membersStrong eye for detail and high personal standardsSet & maintain high operational standards to satisfy management expectationsAbility to manage staff, to bring out their best and develop them to the next stage in their careerAbsolute discretion. The incumbent will have access to very sensitive bank dataDemonstrable passion for continued professional and personal developmentAbility to build strong relationships internally with other departments, and influence others in a collaborative and positive mannerIndividual Conduct RulesActing with integrity.Acting with due skill, care, and diligence.Being open and cooperative with regulators.Treating customers fairly and with respect.Observing proper standards of market conduct.Ensuring effective control of the firm’s business.Job FamilySales FinancingRenault Group is committed to creating an inclusive working environment and the conditions for each of us to bring their passion, perform to the full and grow, whilst being themselves.We find strength in our diversity and we are engaged to ensure equal employment opportunities regardless of race, colour, ancestry, religion, gender, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, etc. If you have a disability or special need requiring layout of the workstation or work schedule, please let us know by completing this form.In order to follow in real time the evolution of your applications and to stay in touch with us, we invite you to create a candidate account. This will take you no more than a minute and will also make it easier for you to apply in the future.By submitting your CV or application, you authorise Renault Group to use and store information about you for the purposes of following up your application or future employment. This information will only be used by Renault Group companies as described in the Recruitment Privacy Information Policy .