Definition of Default Specialist - Credit Risk

Definition of Default Specialist - Credit Risk

Posted 2 days ago by Lorien

£650 Per day
Inside
Onsite
Milton Keynes, Buckinghamshire

Summary: The role of a Credit Risk Manager focuses on overseeing the execution and maintenance of credit impairment models and DoD engines within an International Bank. The position requires active engagement with various risk areas and involves preparing and presenting results to governance forums. The contract is expected to last until August 2025, with a likelihood of extension, and requires three days of on-site work per week in Milton Keynes.

Key Responsibilities:

  • Oversee engine execution to produce DoD model output
  • On-going maintenance of existing DoD engine
  • Support change process and implementation of new models
  • Development of analytics dashboard, monitoring and MI reports
  • Active engagement with other risk areas such as forecasting, portfolio management, collections etc.
  • Preparing materials and presenting results to governance forum/committees
  • Regular engagement with external auditors to support the successful completion of half-year and year-end audits
  • Support internal audit activities and closing internal validation points
  • Actively involved in review and challenge of the next generation credit risk provisioning models
  • Keeping process documentation up to date with model changes
  • Deputising for the Senior Manager

Key Skills:

  • Credit Risk Manager
  • Extensive DOD experience
  • SAS
  • Banking Sector Experience
  • IFRS9

Salary (Rate): £650

City: Milton Keynes

Country: United Kingdom

Working Arrangements: on-site

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: Finance