Impairment Modelling Lead

Starling; Manchester; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

25 days holiday

Birthday leave

Pension scheme

Life insurance 4x salary

Private Medical Insurance

Cycle to Work

Grant for volunteering

Discounts via Perkbox

Job summary

Starling Bank is seeking an Impairment Modelling Lead to join our Credit Risk Modelling Team in Manchester. You will own end-to-end development, execution and maintenance of IFRS 9 impairment models, working with stakeholders to ensure models meet business requirements and regulatory expectations.

You will produce detailed documentation, monitor performance and collaborate with model validation teams to address findings.

Qualifications

• Minimum 5-10 years' experience in developing impairment models.
• Strong experience in team leadership roles.
• Proficient in Python.
• Graduate level education in a numerical field or equivalent work experience.
• Ability to interpret and comply with regulatory requirements.
• Proven negotiation and relationship management skills.
• Organised, flexible and adaptable with strong attention to detail.
• Excellent communication and teamwork abilities.

Responsibilities

• Own the end to end development, execution and maintenance of IFRS 9 models.
• Collaborate with stakeholders to ensure model developments meet business requirements.
• Produce detailed model documentation, including methodology, assumptions, and limitations.
• Monitor model performance and conduct regular reviews to ensure accuracy and stability.
• Collaborate with model validation teams to address findings and ensure robustness.

Job description

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 Lead to join our Credit Risk Modelling Team. Our team plays a critical role in developing and maintaining credit risk models across Starling.

As Impairment Modelling Lead, you will be responsible for:

• Owning the end to end development, execution and maintenance of IFRS 9 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 5-10 years' experience in developing impairment models
• Strong experience in team leadership roles.
• Proficient in the use of analytical tools, specifically Python.
• Graduate level education preferable, ideally in a numerical degree (or an equivalent work experience)
• A proven ability to interpret and comply with regulatory requirements
• Proven experience in influencing, negotiation and relationship management
• 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

Benefits

• 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
• Life insurance at 4x your salary
• 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.

Starling Bank is an equal opportunity employer, and we're proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.