Software Engineer, Developer - FICO systems, Python, SAS, R - Credit Lending
Posted 1 week ago by Peopleworks
Negotiable
Inside
Hybrid
Essex (near Basildon), UK
Summary: The role of Software Engineer focuses on enhancing credit risk management capabilities through the development and maintenance of FICO systems within a banking and finance context. The position requires collaboration with various teams to implement decision strategies and ensure compliance with regulatory standards. The contract is for four months with the possibility of renewal, and the work arrangement is primarily on-site with one day of remote work. The successful candidate will leverage their expertise in programming and decision systems to deliver high-quality solutions under tight deadlines.
Key Responsibilities:
- Manage and administer FICO systems platform, including scorecard implementation, rules configuration, and system optimisation
- Translate business requirements into FICO configurations, develop new decision strategies, and implement credit risk origination strategies
- Utilise FICO's built-in testing capabilities to validate rule changes, scorecard implementations, and system configurations before deployment
- Create and maintain reports to evaluate system performance, monitor scorecard effectiveness, and support champion/challenger testing strategies
- Work closely with Risk, IT, and Business teams to enhance credit risk processes and ensure regulatory compliance
- Interface with FICO technical teams and manage platform relationships to ensure the bank's requirements are met
- Lead multiple large-scale projects within aggressive timelines, managing stakeholder expectations and delivering high-quality solutions
- Identify opportunities to improve decision system effectiveness and efficiency within the lending context
- Engage and communicate effectively with project stakeholders and their teams to actively participate in key projects & initiatives
Key Skills:
- 5+ years' experience working with decision systems platforms (FICO systems, Provenir, SDS/PowerCurve, etc.)
- Programming proficiency in Python, SAS, or SQL (multiple languages advantageous)
- Advanced coding skills in R, Python, Java, or SQL
- System testing expertise: Proficiency with testing capabilities within decision management platforms
- Knowledge and understanding of analytical model development, credit bureau data, and financial services
- Knowledge of lending landscape and various in-house and outsourced systems, applications & services used by Decision Systems
- Strong analytical, problem-solving and organisational skills with attention to detail
- Ability to work and adapt in fast-changing environment with tight delivery timelines
- Ability to manage multiple large-scale projects
- Strong verbal and written communication skills
- Able to network and build strong relationships with internal and external peer groups
Salary (Rate): £700 per day
City: Essex
Country: UK
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: IT
Software Engineer, Developer - FICO systems, Python, SAS, R - Credit Lending
Contract - 4 months (renewable) - Inside IR35
Essex Offices - (near Basildon) 4 days a week - 1 day WFH
£700 per day - Inside IR35
The banking and finance arm of one of the world's most known engineering companies is seeking a Software Engineer, Software Developer. The bank is looking to further develop their credit risk management capabilities, and FICO (Fair Isaac Corporation) credit decision management systems. The successful candidate will work directly with FICO systems to develop and maintain lending decision systems.
Main Tasks & Responsibilities
Software Engineer, Developer - FICO systems, Python, SAS, R - Credit Lending
> Manage and administer FICO systems platform, including scorecard implementation, rules configuration, and system optimisation
> Translate business requirements into FICO configurations, develop new decision strategies, and implement credit risk origination strategies
> Utilise FICO's built-in testing capabilities to validate rule changes, scorecard implementations, and system configurations before deployment
> Create and maintain reports to evaluate system performance, monitor scorecard effectiveness, and support champion/challenger testing strategies
> Work closely with Risk, IT, and Business teams to enhance credit risk processes and ensure regulatory compliance
> Interface with FICO technical teams and manage platform relationships to ensure the bank's requirements are met
> Lead multiple large-scale projects within aggressive timelines, managing stakeholder expectations and delivering high-quality solutions
> Identify opportunities to improve decision system effectiveness and efficiency within the lending context
> Engage and communicate effectively with project stakeholders and their teams to actively participate in key projects & initiatives Qualifications and Skills
Essential Skills & Experience
Software Engineer, Developer - FICO systems, Python, SAS, R - Credit Lending
# 5+ years' experience working with decision systems platforms (FICO systems, Provenir, SDS/PowerCurve, etc.)
# Programming proficiency in Python, SAS, or SQL (multiple languages advantageous)
# Advanced coding skills in R, Python, Java, or SQL
# System testing expertise: Proficiency with testing capabilities within decision management platforms
# Knowledge and understanding of analytical model development, credit bureau data, and financial services
# Knowledge of lending landscape and various in-house and outsourced systems, applications & services used by Decision Systems
# Strong analytical, problem-solving and organisational skills with attention to detail
# Ability to work and adapt in fast-changing environment with tight delivery timelines
# Ability to manage multiple large-scale projects
# Strong verbal and written communication skills
# Able to network and build strong relationships with internal and external peer groups
Desirable (not essential) Skills Required:
Software Engineer, Developer - FICO systems, Python, SAS, R - Credit Lending
~ FICO systems experience strongly preferred
~ Finance or consumer lending background
~ Experience with regulatory compliance requirements (FCA, PRA guidelines)
~ Knowledge of manufacturer finance operations
~ Previous experience transitioning from vendor-managed to in-house platforms
~ Champion/challenger testing methodology experience
~ STEM degree (Mathematics, Statistics, Computer Science, and Engineering) or equivalent experience
Key Words:
FICO, Credit Lending, Decision Systems, Finance, Credit, Provenir, SDS, Powercurve, Software Engineer, Software Developer, Programmer, Python