Summary: The role of Definition of Default Specialist - Credit Risk involves overseeing the execution of credit impairment models and DoD engines within an International Bank. The position requires extensive experience in credit risk management and is responsible for maintaining existing models, supporting new implementations, and engaging with various risk areas. 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): £650.00

City: Milton Keynes

Country: UK

Working Arrangements: on-site

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: Finance