Senior Credit Risk Modeller

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London / £500 - £550 day

INFO

Salary

RATE:

£500 - £550

Location

LOCATION

London

Job Type
JOB TYPE

Contract

Senior Credit Risk Modeller

6 Months

London - Mostly 3 days per week

Inside IR35

£500-550 per day

We are seeking an experienced Senior Credit Risk Controller to support a specialist UK lender in the redevelopment of its Credit Risk Rating, Scorecard and ICAAP Stress Testing models.

This is a hands-on modelling role focused on improving PD, LGD and Expected Loss methodologies across Asset Finance, Commercial Property Finance and other specialist lending portfolios. The successful candidate will play a key role in strengthening model performance, risk sensitivity and regulatory compliance in line with Basel 3.1 and PRA requirements.

Key Responsibilities

  • Redevelop and enhance Credit Risk Rating (CRR), Scorecard and Credit Risk models.
  • Redevelop ICAAP Stress Testing models used for Pillar 2A and Pillar 2B assessments.
  • Improve PD, LGD and Expected Loss methodologies across lending portfolios.
  • Build product-specific risk frameworks reflecting key risk drivers and transaction characteristics.
  • Perform model design, build, testing, implementation and documentation.
  • Support model governance, validation and regulatory requirements.
  • Work closely with Credit, Risk, Finance and Lending stakeholders to ensure models are practical, robust and fit for purpose.

Key Requirements

  • Proven experience building or redeveloping Credit Risk Models or Scorecards.
  • Strong knowledge of PD, LGD, EAD and Expected Loss modelling.
  • Experience developing or enhancing ICAAP and Stress Testing models.
  • Understanding of Basel, IRB and PRA regulatory frameworks.
  • Experience within Asset Finance, Commercial Lending, Property Finance or specialist banking environments.
  • Strong technical skills in Excel, SQL, Python, R or SAS.
  • Excellent stakeholder management and communication skills.

CONTACT

William Ingleby

Senior Recruitment Consultant

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