Credit Risk Model Development Lead Analyst

TN United Kingdom; Cardiff; On-site; GBP 45,000 - 75,000; Full time

Job summary

Join a forward-thinking bank on a mission to reshape the financial landscape! As a Credit Risk Model Development Lead Analyst, you will play a crucial role in developing and maintaining credit risk models that drive effective risk management. Collaborate with stakeholders, produce detailed model documentation, and present your findings to senior leadership. With a culture that values innovation and teamwork, this is an exciting opportunity to make a significant impact in a dynamic environment. If you're passionate about credit risk and eager to contribute to transformative banking solutions, we want to hear from you!

Benefits

25 days holiday plus public holidays

Extra day off for birthday

Annual leave increase with service

Paid volunteering time

Company enhanced pension scheme

Life insurance at 4x salary

Private Medical Insurance

Generous family-friendly policies

Incentivised refer a friend scheme

Perkbox membership

Qualifications

• 3-5 years of experience in developing IFRS 9 and operational credit risk models.
• Proficient in analytical tools like Python, R, SQL, and SAS.

Responsibilities

• Developing and implementing IFRS 9 and operational credit risk models.
• Monitoring model performance and conducting regular reviews.

Skills

Python

R

SQL

SAS

Analytical Skills

Problem-Solving

Communication

Education

Numerical Degree

Tools

Spreadsheets

Job description

Social network you want to login/join with:

col-narrow-left

Client:

Starling Bank

Location:

Cardiff, United Kingdom

Job Category:

Finance

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

a03a64f650bf

Job Views:

6

Posted:

24.04.2025

Expiry Date:

08.06.2025

col-wide

Job Description:

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

We are looking for a talented and passionate Credit Risk Model Development Lead Analyst to join our Credit Risk Modelling Team. Our team plays a critical role in developing and maintaining credit risk models across Starling, focussing on both IFRS 9 and operational models. If you have experience in credit risk model development in either of these areas, and are eager to be part of the team that plays a vital role in credit risk management, we want to hear from you!

As a Credit Risk Model Development Lead, you will be responsible for:

• Developing and implementing IFRS 9 and operational credit risk models.
• Working closely with stakeholders to ensure that model developments meet business requirements.
• Producing detailed model documentation, including methodology, assumptions, and limitations.
• Monitoring model performance and conducting regular reviews to ensure accuracy and stability.
• Collaborating with model validation teams to address any findings and ensure models are robust.
• Presenting model developments to Senior leadership, and representing the Credit Risk Modelling team with internal and external stakeholders.

Requirements

• Ideally a minimum 3 - 5 years’ experience in developing IFRS 9 and/or operational credit risk models.
• Proficient in the use of analytical tools such as Python/R/SQL/SAS and spreadsheets.
• Graduate level education preferable, ideally in a numerical degree (or an equivalent work experience).
• Good knowledge of regulatory and risk management guidelines relating to credit risk, including IFRS 9.
• Ability to articulate model development methodologies and findings in a succinct and clear way that is suitable for the target audience.
• Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.
• Strong problem-solving skills and attention to detail.
• Excellent communication and teamwork abilities.
• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary & group income protection
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Incentivised refer a friend scheme
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.