IFRS 9 Credit Modelling Analyst

Hampshire Trust Bank; City of Westminster; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A financial institution in the City of Westminster is seeking an IFRS 9 Credit Modelling Analyst to enhance credit risk models and support compliance. The successful candidate will collaborate with various teams, leveraging advanced modelling techniques to provide insights. Ideal candidates have experience in credit risk modelling, proficiency in SAS, and strong communication skills. The role supports hybrid working and offers a range of benefits.

Benefits

Competitive remuneration

Discretionary annual bonus

Private Medical Insurance

25 days annual leave

Hybrid working

Pension scheme with employer contribution

Qualifications

• Experience in credit risk modelling, ideally with exposure to IFRS 9.
• Strong statistical and mathematical background.
• Excellent communication and presentation skills.

Responsibilities

• Develop and maintain IFRS 9 credit risk models.
• Support quarterly expected credit loss production.
• Conduct model performance assessments and enhancements.

Skills

Credit risk modelling

Statistical analysis

SAS proficiency

Advanced Excel

Data extraction

Communication skills

Problem-solving

Job description

We're looking for a technically skilled and analytically driven IFRS 9 Credit Modelling Analyst to join our Model Development team. This role is central to maintaining and enhancing the bank's credit risk models, supporting IFRS 9 compliance, and delivering insights that shape strategic decision-making. You'll work closely with internal stakeholders and auditors, using advanced modelling techniques to ensure our risk frameworks remain robust, efficient, and forward-looking.

Who You'll Work With: You'll collaborate with the Head of Model Development, Credit Risk Analytics, Finance, IT, and external auditors.

Responsibilities

• Develop and maintain IFRS 9 credit risk models (linear/logistic regression)
• Support quarterly expected credit loss production and monitoring
• Conduct model performance assessments and implement enhancements
• Collaborate with internal validation teams and ensure regulatory compliance
• Extract and manipulate data from internal systems and the Data Warehouse
• Provide analytical support to front-line teams and risk functions
• Maintain efficient data structures for model management
• Contribute to bespoke analytics and risk profiling
• Stay up to date with alternative modelling techniques and software

Qualifications

• Experience in credit risk modelling, ideally with exposure to IFRS 9
• Strong statistical and mathematical background
• Proficiency in SAS and advanced Excel
• Experience in data extraction, preprocessing, and model testing
• Excellent communication and presentation skills
• Ability to summarise complex insights for non-technical stakeholders
• Strong problem-solving and analytical mindset

Benefits

• Competitive remuneration
• Discretionary annual bonus
• Annual pay review
• Private Medical Insurance (Bupa)
• Mental health & wellbeing support via YuLife & Bupa
• 25 days annual leave (increasing with service) + Holiday Buy Scheme
• Cycle to Work Scheme & Green Car Scheme
• Enhanced family leave policies
• Study support & professional membership
• Hybrid working (50/50)
• YuLife Rewards - discounts on retail, lifestyle & experiences
• Pension scheme - 8% employer contribution (non-contributory)
• Interest-free season ticket loan
• Annual volunteering day & Net Zero employer commitment