IFRS9 Manager | London, UK

IFRS9 Manager

Secure Trust Bank London, United Kingdom

About The Role

What you will do

1. Oversee the development, testing and implementation of IFRS9 models for all of the commercial portfolios.
2. Lead forecasting cycles in line with Finance reporting timetable.
3. Manage and develop the IFRS9 Modelling Team.
4. Adhere to the Group's Model Governance Framework including The Model Inventory, Model Policies and Procedures, Model Standards and Model Risk Register.
5. Upgrade the IFRS9 models based on model users and regulatory feedback and on-going model performance monitoring.
6. Assess the downstream impact of models to understand its network risk.
7. Participate in relevant model implementation and its user acceptance test to ensure models are appropriately implemented.
8. Understand Model related uncertainty risk including data, regulatory, business strategy, market, competitive landscape, system, environment, and others to ensure model sponsors appreciate the full model risk and limitations.
9. Represent the model users and ensure all the model use cases are considered within the model life cycle activities.
10. Taking the lead in developing the end-to-end model solutions.
11. Conduct model validation, and present findings to the Model Governance Committee.
12. Coordinating the model implementation, model performance monitoring and model decommission for the businesses.
13. Full technical responsibility for team output.
14. Provide technical expertise from a modelling, data management and analysis perspective.
15. Recruit analysts when the size of the team is required to grow.
16. Managing projects, ensuring actions are delivered in line with expectations and that clear communication is provided throughout.
17. Presenting analysis and findings in relation to the models to senior stakeholders.

1. Worked in an IRB environment.
2. Substantial PD/EAD/LGD model development experience in the Corporate, Institutional, and Commercial portfolios.
3. Practical experience of operating under a Model Governance Framework.

As part of our vision to become the most trusted specialist lender in the UK, we've been helping customers and businesses fulfil their ambitions since 1952. In that time, we've learned that we're more than the sum of our parts. We're a strong Group because of our people and our strengths; specialist, expert, ambitious and also diverse. All of our people are different and this is something we celebrate.

Every one of our employees brings unique talent, ability and perspective to their role. That's why Secure Trust Bank Group nurtures differences. We understand that we perform better because we're not cast from the same mould. We actively embrace and support diversity, work with leading industry bodies and promote initiatives that reinforce our philosophy of giving you the freedom to be who you are.

We're an award-winning bank providing savings accounts and lending services to over one million customers. We're Secure Trust Bank Group. We embrace difference.

Our customers are at the heart of everything we do, but we can't achieve our customer focused strategy without the right people in our team.

At Secure Trust Bank, we know that people are our biggest investment, which is why a career with us is not just a job. It's the chance to be part of something bigger, to add real value to the Bank and help us constantly improve, in order to achieve our ambition of becoming the best bank in Britain. We believe in giving our staff autonomy, with initiative and exceptional performance recognised through a variety of individual and team awards and incentives. All our employees have a tangible impact on the Group's core values, and we are looking for candidates who are enthusiastic, proactive and enjoy working in a fast paced environment. So join us as we strive to Grow, Sustain and Love the way we work.