Impairment Analyst

Starling Bank; Manchester; On-site; GBP 40,000 - 60,000; Full time

Job summary

Starling Bank is seeking an Impairment Analyst to join the Credit Risk Modelling Team in Manchester. The role will focus on developing and maintaining credit risk models, including IFRS 9, ensuring adherence to regulatory guidelines while collaborating closely with stakeholders. Ideal candidates will have a strong analytical background coupled with effective communication skills, and are encouraged to apply.

Benefits

25 days holiday plus public holiday flexibility

Extra day’s holiday for your birthday

Paid volunteering time of 16 hours per year

Salary sacrifice pension scheme

Private medical insurance

Generous family-friendly policies

Retail discounts through Perkbox

Cycle to Work initiatives

Qualifications

• 1-2 years of experience in IFRS 9 and/or operational credit risk models.
• Preferably a numerical degree.
• Proficient in analytical tools like Python and SQL.

Responsibilities

• Develop and maintain IFRS 9 and operational credit risk models.
• Document methodology, assumptions, and limitations.
• Collaborate with validation teams on model performance.

Skills

Problem-solving skills

Attention to detail

Communication

Teamwork

Organisational skills

Education

Graduate level education in numerical degree

Tools

Python

SQL

Spreadsheets

Job description

Social network you want to login/join with:

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices.

We are looking for a talented and passionate Impairment Analyst to join our Credit Risk Modelling Team. Our team plays a critical role in developing and maintaining credit risk models across Starling, focussing on both IFRS 9 and operational models. If you have experience in credit risk model development in either of these areas, and are eager to be part of the team that plays a vital role in credit risk management, we want to hear from you!

As an Impairment Analyst, you will be responsible for:

• Developing, executing and maintaining IFRS 9 and operational credit risk models.
• Working closely with stakeholders to ensure that model developments meet business requirements.
• Producing detailed model documentation, including methodology, assumptions, and limitations.
• Monitoring model performance and conducting regular reviews to ensure accuracy and stability.
• Collaborating with model validation teams to address any findings and ensure models are robust.

Requirements

• Ideally a minimum 1 - 2 years’ experience in developing IFRS 9 and/or operational credit risk models.
• Proficient in the use of analytical tools, specifically Python/SQL and spreadsheets.
• Graduate level education preferable, ideally in a numerical degree (or an equivalent work experience).
• Good knowledge of regulatory and risk management guidelines relating to credit risk, including IFRS 9.
• Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.
• Strong problem-solving skills and attention to detail.
• Excellent communication and teamwork abilities.
• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.