Manager – IRB Quantitative Modeller Corporate/Wholesale Banking

Barclay Simpson; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading banking client is seeking a Manager – IRB Quantitative Modeller to lead regulatory model development projects. This role requires significant experience in credit risk modelling and aims to deliver impactful outcomes across various portfolios while collaborating with senior stakeholders. The successful candidate will enjoy a competitive compensation package and flexible working arrangements including client project opportunities abroad.

Benefits

Flexible working culture

Outstanding career prospects

Opportunity to work overseas

Qualifications

• Experience with IRB models essential.
• Operating at AVP or VP level preferred.
• Experience in corporate/wholesale credit model development.

Responsibilities

• Developing credit risk models under PRA/EBA regulations.
• Liaising with senior stakeholders for model projects.
• Providing technical guidance and support.

Skills

Credit Risk Modelling

Stakeholder Management

Regulatory Knowledge (PRA/EBA)

Education

Relevant Degree in Finance, Mathematics or Related Field

Job description

Manager – IRB Quantitative Modeller, Corporate/Wholesale Banking

Our client is a key player within the UK banking sector, renowned for employee engagement and development, and known for hiring exceptional risk talent. They are seeking several Senior Analyst or Manager level credit risk modellers with experience in developing credit risk models within the wholesale credit space, specifically IRB models. Significant recent experience with IRB modelling under PRA/EBA rules is essential; candidates without this cannot be considered.

This role offers the opportunity to deliver high-profile, business-critical regulatory model development projects across various portfolios, liaising with senior stakeholders to meet business needs and resolve issues. You will provide technical guidance and support.

Candidates should be operating at an AVP or VP level with relevant experience in corporate/wholesale credit model development and/or validation within a bank, regulator, or consulting firm. Experience with retail, corporate, or commercial models is also of interest. Candidates involved only in validation and review cannot be considered.

On offer is an excellent compensation package, outstanding career prospects, and a flexible working culture, including the option of working overseas on client projects. Interested candidates are encouraged to apply with their CV and a brief note describing their relevant experience.

We support diversity and encourage applicants from underrepresented groups. We welcome candidates who meet most of the requirements and are willing to consider those with relevant experience even if they do not meet all criteria. For any adjustments needed during the application process, please contact us.

Barclay Simpson acts as an Employment Agency for permanent positions and as an Employment Business for temporary/contract engagements.