Senior Credit Risk Modelling Manager

Leeds Building Society; Leeds; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Bonus up to 12%

Hybrid working 60% at home

Pension matched up to 10%

26 days holiday + holidays purchase

EV scheme

2 volunteering days per year

Job summary

Leeds Building Society is seeking an experienced Senior Credit Risk Modelling Manager to lead a small team in developing, delivering, and maintaining credit risk models. You will oversee a suite of models (IRB, impairment, forecasting, or decisioning) and ensure governance and regulatory alignment.

You will work closely with senior stakeholders across Risk, Finance, Treasury, Commercial and Technology to shape modelling strategy and enable evidence-based decision making.

Qualifications

• Extensive experience in credit risk model development, including Basel III IRB models or equivalent.
• Ability to build relationships with internal/external technical review teams.
• Ability to translate complex technical concepts for non-technical audiences.
• Track record of producing clear technical documentation for regulatory review.

Responsibilities

• Lead, deliver and maintain a portfolio of credit risk models (IRB, impairment, forecasting, or decisioning).
• Shape modelling strategy and ensure robust governance with regulatory alignment.
• Collaborate with Risk, Finance, Treasury, Commercial, Technology and other stakeholders.

Skills

IRB models

Stakeholder management

Regulatory documentation

Non-technical communication

Technical leadership

Job description

How you'll make a difference

We are seeking an experienced Senior Credit Risk Modelling Manager to lead a small team in the development, delivery, and ongoing maintenance of credit risk models. You'll take responsibility for a suite of credit risk models (one of Internal ratings Based (IRB), impairment, forecasting, or decisioning) and ensuring they are robust, well‑governed and aligned to regulatory expectations. You'll use a blend of technical expertise, industry knowledge, and lateral thinking to be able to solve complex business problems, taking advantage of emerging industry best practice and technological developments.

Working closely with senior stakeholders across Risk, Finance, Treasury, Commercial, Technology and the wider business, you'll help shape the Society's modelling strategy, champion best practice, and support confident, evidence based decision making.

What you'll bring to the role:

• Considerable experience of credit risk model development, which should include delivery of retail Basel III Internal Ratings Based (IRB) models, or equivalent.
• Experience in building constructive working relationships with internal and external technical review teams.
• The ability to convey complex technical concepts to non-technical audiences.
• A track record of producing clear, high‑quality technical documentation suitable for regulatory review.
• Ideally UK financial services experience.
• Excellent stakeholder management skills, with the confidence to challenge and influence at senior levels.
• Ability to work independently and at pace, staying calm and adaptable as priorities shift.
• Experience leading, developing and motivating technical teams.

And in return, you'll get:

• An annual colleague bonus of up to 12%
• Hybrid working with 60% of your time at home
• Matched pension contributions of up to 10%
• 26 days holiday, plus bank holidays and holiday purchase scheme of up to 5 days each year
• Colleague Mortgage and Saver products
• Electric vehicle scheme
• 2 days' volunteering per year

We'd love to hear from you. But don't wait around - we may close the advert early and we'd hate for you to miss out.

We're devoted to creating a culture and workplace that is representative of the communities we serve. If you'd like to work with us but are unsure if you meet the full criteria for a role, please contact the recruiter so we can find out more about your skills and experience. We're committed to supporting you to be at your best - to discuss any reasonable adjustments we could make, please contact us on [e-mail].