Manager - IRB Model Development, Commercial Banking

JR United Kingdom; Wolverhampton; Remote; GBP 60,000 - 90,000; Full time

Job summary

A leading bank in the UK seeks an experienced IRB modeller to lead a team responsible for risk management models. The role entails driving model development, ensuring compliance with banking standards, and delivering high-quality documentation. Offering a flexible work culture, market-leading benefits, and an excellent remuneration package, this position provides an opportunity for professional growth within a supportive environment.

Benefits

Flexible working culture

Remote working opportunities

Outstanding internal culture

Career progression

Market leading benefits

Qualifications

• Significant experience in IRB model development within business credit portfolios.
• Expertise in SAS, Python, or R.
• Experience with IFRS 9 and economic processes is a plus.

Responsibilities

• Manage complex model development projects for risk management.
• Lead the design and implementation of credit risk models.
• Ensure models are robust and fit for purpose.

Skills

Statistical analysis software

Strong communication skills

Project management

Stakeholder influence

Tools

SAS

Python

R

Job description

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Client:

Barclay Simpson

Location:

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

2

Posted:

31.05.2025

Expiry Date:

15.07.2025

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Job Description:

My client is one of the largest banks in the UK, renowned for their flexible working culture, remote working opportunities, excellent benefits and outstanding internal culture and career progression.

As part of a build out of the risk modelling team I am looking for an experienced IRB modeller to lead a talented team of modelling analysts and data scientists responsible for developing and remediating the IRB & Scorecards model landscape to ensure effective risk management and capital allocation within the portfolio.

As part of this role, you will be responsible for:

• Managing multiple complex model development projects and analyses; delivering the scoping, design, development, validation and implementation of models, in line with Bank standards and regulatory compliance requirements
• Taking ownership and responsibility for ensuring the performance of models are understood and identifying model enhancements

You will lead the design and implementation of credit risk models in line with Bank standards and regulatory compliance requirements. You’ll ensure that the models in operation are robust, fit for purpose, and provide clear insights to stakeholders. You will also deliver high-quality model documentation and support the Bank in model usage and governance, while driving the development of your team.

To succeed in this role, you’ll need significant experience in IRB model development within Business credit portfolios and expertise in using statistical analysis software like SAS, Python, or R. Strong communication skills, the ability to influence stakeholders, and experience with decision-making are essential. Bonus points for experience with economic processes and IFRS 9.

This role offers market leading benefits and an excellent remuneration package, as well as the option to work fully remote.