Director, Credit Risk Modelling & Strategy

Starling Bank; Greater London; On-site; GBP 120,000 - 190,000; Full time

Benefits offered by this job

Private medical insurance

Pension scheme

Life insurance

Volunteering time

Cycle to work

Wellbeing benefits

Discounts and perks

Job summary

Starling Bank is seeking a Head of Credit Risk Modelling and Strategy to join the 2nd line Credit Risk Team. You will lead development and refinement of credit risk models and decisioning strategies to safeguard the Bank’s financial stability, ensuring alignment with risk appetite and regulatory requirements.

The role requires extensive experience in credit risk modelling within banking, strong governance, and the ability to influence stakeholders.

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 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 continuous professional development.
• Keep track of industry trends and regulatory requirements to continually enhance the Bank’s management of credit risk.

Skills

Credit risk modelling

Model development

Regulatory standards

Python

R

SAS

Stakeholder management

Communication

Tools

Python

R

SAS

Job description

Starling Bank is seeking a Head of Credit Risk Modelling and Strategy to join the 2nd line Credit Risk Team. You will lead development and refinement of credit risk models and decisioning strategies to safeguard the Bank’s financial stability, ensuring alignment with risk appetite and regulatory requirements.

The role requires extensive experience in credit risk modelling within banking, strong governance, and the ability to influence stakeholders.