Head of Credit Risk Modelling & Decisioning

Starling; Greater London; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

25 days holiday

Birthday day off

Buy/Sell extra days

Volunteer time

Pension scheme

Life insurance

Private medical insurance

Perkbox

Cycle to work

Job summary

Starling Bank is seeking a Head of Credit Risk Modelling and Strategy to lead the development and continuous improvement of regulatory and operational credit risk models and decisioning strategies. You will work as part of the 2nd line and collaborate with stakeholders across the business to align with risk appetite and strategy.

The role requires extensive experience in credit risk modelling, governance, and regulatory standards, with strong leadership and communication skills to guide a

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
• Experience of a range of lending products (mortgages, unsecured retail lending, SME lending) preferred
• Proven experience in influencing, negotiation and relationship management
• Strong communication skills, with experience of preparing and presenting documents in relation to models
• Coding experience in Python, R, SAS or similar
• Good knowledge of model risk governance

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, including the first line Asset Management and Finance teams, 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 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

Stakeholder management

Regulatory knowledge

Communication skills

Model governance

Tools

Python

R

SAS

Job description

Starling Bank is seeking a Head of Credit Risk Modelling and Strategy to lead the development and continuous improvement of regulatory and operational credit risk models and decisioning strategies. You will work as part of the 2nd line and collaborate with stakeholders across the business to align with risk appetite and strategy.

The role requires extensive experience in credit risk modelling, governance, and regulatory standards, with strong leadership and communication skills to guide a