Lead Credit Risk Modeller

InterQuest Solutions; Manchester; On-site; GBP 60,000 - 85,000; Full time

Job summary

A leading financial services company is seeking a Lead Credit Risk Modeller to join their high-performing team. This role involves developing and maintaining credit risk models, ensuring they meet business needs, and collaborating with various stakeholders. The ideal candidate will have extensive experience in credit risk model development and strong analytical skills.

Qualifications

• 5+ years of experience in developing IFRS 9 and operational credit risk models.
• Prior experience leading projects or managing small teams is a plus.
• Solid knowledge of regulatory frameworks related to credit risk.

Responsibilities

• Leading the development and implementation of IFRS 9 and operational credit risk models.
• Ensuring the model suite remains robust and aligned with business needs.
• Collaborating with internal validation teams and presenting work to senior leadership.

Skills

Programming

Analytical Skills

Communication

Organizational Skills

Education

Degree in a numerical discipline

Tools

Python

R

SQL

SAS

Excel

Job description

We’re Hiring: Lead Credit Risk Modeller

An exciting opportunity has opened up for a Credit Risk Model Development Lead to join a high-performing Credit Risk Modelling team at a fast-growing, digitally native financial services company.

This team plays a pivotal role in the development and maintenance of credit risk models, including both IFRS 9 and operational models. If you're experienced in credit risk model development and looking to make a meaningful impact in a dynamic environment, we’d love to hear from you.

What You’ll Be Doing:

1. Leading the development and implementation of IFRS 9 and operational credit risk models — both hands-on and through team leadership.
2. Ensuring the model suite remains robust, fit-for-purpose, and aligned with business needs.
3. Producing high-quality documentation detailing methodology, assumptions, and limitations.
4. Monitoring existing models and identifying opportunities for enhancement.
5. Collaborating with internal validation teams and presenting work to senior leadership and committees.
6. Acting as a subject matter expert and representing the team with stakeholders across the business.

What We’re Looking For:

1. 5+ years of hands-on experience in developing IFRS 9 and operational credit risk models.
2. Prior experience leading projects or managing small teams is a plus.
3. Strong programming and analytical skills using tools like Python, R, SQL, SAS, and Excel.
4. A degree (or equivalent experience) in a numerical discipline.
5. Solid knowledge of regulatory frameworks related to credit risk.
6. Clear communicator with the ability to explain complex technical concepts to varied audiences.
7. Highly organised, detail-oriented, and adaptable.

InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.