Senior Credit Risk Analyst - Hybrid; IFRS9 & ECL Modelling

Dudley Building Society; Brierley Hill; Hybrid; GBP 45,000 - 50,000; Full time

Benefits offered by this job

Flexible working (home/office)

30 days holiday + holidays

8% pension contribution

Life assurance 4× salary

Job summary

Dudley Building Society is seeking a Senior Credit Risk Analyst on a temporary 6-month contract to support credit risk modelling and MI. You will ensure ECL models are built, maintained and monitored, providing clear insight to stakeholders across the Society.

You will work with Product and Analytics teams on lending plans within risk appetite, contribute to forecasts and governance, and help deliver robust credit risk management for members.

Qualifications

• Experience using R
• Experience with IFRS 9 impairment models or similar credit risk modelling approaches
• Strong analytical and numerical skills, with the ability to interpret model outputs and explain them clearly
• Confidence working with credit risk management information, assumptions, validation, sensitivity analysis and model documentation
• Understanding of expected credit loss, risk appetite, model monitoring and governance requirements
• A degree-level qualification in maths or statistics would be desirable
• Confident communication style, with the ability to present insight to key stakeholders

Responsibilities

• Routinely run the Society's Estimated Credit Loss models accurately and on time, identifying and resolving any anomalies
• Monitor and report against ECL model outputs, including PD, EAD and LGD, providing clear explanations for movements
• Maintain full model documentation, including assumptions, validation, sensitivity analysis and data input dictionaries
• Update mortgage affordability model based on latest information
• Collaborate with modelling partners to design and build new iterations of the ECL model and pass governance
• Contribute credit risk inputs to forecasts and stress tests, including ICAAP, ILAAP and Recovery Plan activity
• Work with Product and Analytics teams to inform product mix and lending plans within risk appetite
• Develop, maintain and report against credit risk appetite limits
• Deliver training on ECL models to stakeholders

Skills

IFRS 9 impairment models

Strong analytical skills

Communication with stakeholders

Model governance

Education

Degree in maths or statistics

Tools

R

Job description

Dudley Building Society is seeking a Senior Credit Risk Analyst on a temporary 6-month contract to support credit risk modelling and MI. You will ensure ECL models are built, maintained and monitored, providing clear insight to stakeholders across the Society.

You will work with Product and Analytics teams on lending plans within risk appetite, contribute to forecasts and governance, and help deliver robust credit risk management for members.