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.