Senior SAS Modeller - Credit Risk

JR United Kingdom; Leicester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services organization in Leicester is seeking an experienced Senior Modeller to enhance their credit risk assessment capabilities. The role involves designing and validating models while ensuring compliance with regulatory standards. Ideal candidates will have a background in quantitative fields and extensive credit risk modelling experience. The position offers a collaborative work environment and numerous benefits including a bonus scheme and private medical insurance.

Benefits

28 days holiday plus bank holidays

Annual discretionary bonus scheme up to 20%

Matched personal pension contributions

Private medical insurance

Life assurance

Qualifications

• Degree in a quantitative field is essential.
• Substantial Credit Risk modelling experience required.
• Proficiency in tools like SAS and SQL necessary.

Responsibilities

• Design and maintain credit risk models.
• Lead model development for regulatory uses.
• Collaborate with various stakeholders to integrate models.

Skills

Credit Risk modelling

Statistical analysis

SAS

SQL

Regulatory compliance knowledge

Education

Degree in Mathematics, Statistics, Economics, Finance, or Engineering

Tools

SAS

SQL

Job description

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Client:

Lorien

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Other

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EU work permit required:

Yes

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Job Views:

1

Posted:

22.08.2025

Expiry Date:

06.10.2025

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Job Description:

***16 Month Fixed Term Contract***

A Leading Financial Services organisation is seeking an experienced and analytical Senior Modeller to join its growing Risk Management function. This is a unique opportunity to shape a newly integrated group credit modelling capability following a recent strategic partnership.

About the Role

As Senior Modeller - Credit Risk, you’ll play a pivotal role in designing, developing, and validating credit risk models across the customer lifecycle. Your work will support data-driven decision-making and ensure robust credit risk assessment and regulatory compliance (e.g., IFRS 9, Basel III, IRB).

You’ll bring thought leadership to a team of analysts and modelers, helping to drive improvements in credit model delivery across the organisation.

Key Responsibilities

• Design and maintain credit risk models including scorecards, PD/LGD/EAD models, and stress testing frameworks.
• Lead model development for regulatory and business use cases (e.g., IFRS 9, capital adequacy, collections, pricing).
• Oversee model validation and performance monitoring to ensure accuracy, stability, and compliance.
• Collaborate with stakeholders across Risk, Finance, Compliance, and IT to integrate models into decision systems.
• Ensure models meet regulatory standards and prepare documentation for audit and regulatory review.
• Provide guidance and quality assurance to analysts and modelers.
• Translate complex statistical output into actionable business insights.

About You

• Degree in a quantitative field (e.g., Mathematics, Statistics, Economics, Finance, Engineering).
• Substantial Credit Risk modelling experience gained within banking or financial services.
• Proficiency in SAS, SQL, or similar tools.
• Strong understanding of credit lifecycle, regulatory frameworks (IFRS 9, Basel), and model governance.
• Proven track record of delivering compliant credit risk models across multiple firms.
• Experience in risk integration programmes and cross-functional collaboration.
• Leadership experience in technical and strategic environments.

Benefits you will receive

• 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
• Annual discretionary bonus scheme (up to 20% based on company performance)
• Personal pension with matched contributions (5% employer contribution Plus employer pension matching (limit of 10%)
• Maternity, paternity and shared parental leave
• Life assurance (6 times annual salary)
• Private medical insurance for yourself and you can protect your family at a discounted rate.
• Eligible for health screening

Why Join Us?

This is a chance to be part of a forward-thinking organisation with a strong purpose and commitment to innovation. You’ll work in a collaborative environment where your expertise will directly influence strategic outcomes and regulatory success.