Risk Modelling Manager

arrow

London / £60000 - £75000 annum

INFO

Salary
SALARY:

£60000 - £75000

Location

LOCATION

London

Job Type
JOB TYPE

Permanent

RISK MODELLING MANAGER - IFRS 9
Up to £75,000
FULLY REMOTE (UK ONLY)
This role does not offer sponsorship.

This is an exciting opportunity to join a top-tier UK financial services organisation, playing a key role in the development and delivery of IFRS 9 credit risk models across a range of mortgage products. This business has a strong reputation for employee wellbeing, flexibility, and offers generous holiday and remote working policies.

THE COMPANY

This business is a leading UK digital bank with a wide portfolio of retail and business banking services, including savings, mortgages, credit cards, and insurance. With a strong presence across major UK cities, they've built a culture focused on collaboration, work-life balance, and employee development. Their risk and analytics functions are highly regarded, and the organisation is investing significantly in data-led decision making.

THE ROLE

You'll lead IFRS 9 model development within the mortgage's portfolio, with a focus on PD and LGD model design and implementation. This is a hands-on technical role, but also requires strong stakeholder management and leadership skills.

Your key responsibilities will include:

  • Leading the development of IFRS 9 PD and LGD models for the mortgage's portfolio.
  • Managing and mentoring a team of two analysts.
  • Supporting model monitoring, validation, and performance analysis.
  • Contributing to stress testing and wider regulatory risk modelling as required.
  • Collaborating with senior stakeholders to define modelling priorities and communicate insights effectively.
  • Presenting technical recommendations in a clear and commercially relevant way.

YOUR SKILLS AND EXPERIENCE

  • Proven experience in developing PD and LGD models under IFRS 9.
  • Strong understanding of credit risk across mortgage portfolios.
  • Prior line management or mentoring experience.
  • Advanced proficiency in SAS (knowledge of Python or R is also beneficial).
  • Excellent communication and stakeholder management skills.
  • Experience working in a UK banking or financial services environment.
  • Degree in a numerate or analytical subject (e.g. Maths, Statistics, Economics, Engineering).

THE BENEFITS

  • Salary up to £75,000.
  • Remote-first policy (team gathers occasionally throughout the quarter).
  • 25+ days holiday and excellent additional leave options.
  • Strong focus on wellbeing and flexible working.
  • Collaborative culture with structured development opportunities.

HOW TO APPLY

Please register your interest by submitting your CV via the Apply link on this page.

CONTACT

SIMILAR
JOB RESULTS

4k-Harnham_DA copy
CAN’T FIND THE RIGHT OPPORTUNITY?

STILL
LOOKING?

If you can’t see what you’re looking for right now, send us your CV anyway – we’re always getting fresh new roles through the door.