Credit Risk Modelling & Strategy Lead

Starling Bank; Manchester; On-site; GBP 110,000 - 150,000; Full time

Benefits offered by this job

25 days holiday (plus public holidays)

Birthday day off

Extra days leave buy/sell (up to 5)

16 hours volunteering time per year

Salary sacrifice pension

Life insurance 4x salary

Private Medical Insurance (Vitality)

Waitrose discounts

Perkbox membership

Cycle to Work

Salary Sacrificed Gym

H Fidelity family-friendly policies

Job summary

Starling Bank is seeking a Head of Credit Risk Modelling and Strategy to lead the development and continuous improvement of credit risk models and decisioning strategies across the second line of defence. You will collaborate with stakeholders to ensure alignment with risk appetite and regulatory standards, while guiding a high-performing team of analysts.

The role requires 10+ years in credit risk within banking, strong modelling and governance skills, and expertise in retail and SME lending

Qualifications

• 10+ years’ experience in Credit Risk within a Banking environment.
• Strong experience of credit risk modelling, gained through model development or validation related roles.
• Strong understanding of retail and SME lending products.
• Experience of developing and maintaining credit risk strategies, ideally in an unsecured retail lending environment.

Responsibilities

• Lead the development, monitoring and maintenance of the Bank’s credit risk decisioning models, including acquisition scorecards and affordability models.
• Develop and monitor automated decisioning strategies for the Bank’s lending products.
• Define standards for credit risk model development which align to the Bank’s Model Risk Framework, and ensure these are implemented within the team.
• Ensure all credit risk models and strategies comply with relevant UK regulatory standards, including PRA and FCA requirements.
• Collaborate with key internal stakeholders to ensure models and strategies support business objectives.
• Ensure all models and standards are documented to a high standard, and present outputs to senior stakeholders and committees.
• Lead and develop a high performing team of risk modelling analysts, and support individual CPD.
• Keep track of industry trends and regulatory requirements to continually enhance risk management.

Skills

Credit risk modelling

Python

R

SAS

Model risk governance

Stakeholder management

Regulatory standards

Communication skills

Job description

Starling Bank is seeking a Head of Credit Risk Modelling and Strategy to lead the development and continuous improvement of credit risk models and decisioning strategies across the second line of defence. You will collaborate with stakeholders to ensure alignment with risk appetite and regulatory standards, while guiding a high-performing team of analysts.

The role requires 10+ years in credit risk within banking, strong modelling and governance skills, and expertise in retail and SME lending