About You
You thrive in a vibrant, entrepreneurial organization where your ideas are valued. You are motivated by goals, a self-starter, and enjoy wearing multiple hats in a fast-growing fintech environment.
Responsibilities
* Develop, enhance, and maintain credit risk models across the lifecycle, including:
* Application scorecards
* Behavioural scorecards
* Affordability models
* Collections models
* PD / LGD / EAD models (where applicable)
* Take full ownership from opportunity identification through to deployment and performance tracking
Model Performance & Monitoring
* Design and implement robust model monitoring frameworks, including performance tracking, stability metrics, and early warning indicators
* Define RAG thresholds and triggers for recalibration, redevelopment, or decommissioning
* Ensure ongoing model performance, stability, and business relevance
Model Governance & Controls
* Maintain a comprehensive model inventory, ensuring clear ownership, documentation, and traceability
* Ensure all models meet internal governance standards and external regulatory expectations
* Manage model change control, approvals, and versioning with clear audit trails
* Ensure models are transparent, explainable, and fully auditable
Validation, Audit & Compliance
* Support independent model validation and audit reviews, providing:
* Clear methodology
* Reproducible code
* Ensure alignment with model risk management frameworks and FCA expectations
* Partner with Finance to support IFRS 9 impairment modelling, including:
* Forward‑looking assumptions
* Overlays and scenario analysis
* Ensure strong controls, governance, and alignment with portfolio performance
* Ensure all models align with risk appetite, affordability standards, and fairness principles
* Embed responsible lending and customer‑centric outcomes into model design and decisioning
Cross‑Functional Collaboration
* Work closely with Credit Risk, Underwriting, Operations, Compliance, and Technology
* Translate model outputs into clear, actionable business insights and decision frameworks
* Support safe and controlled deployment into production environments
Requirements
* Degree in Maths, Data Science, Statistics, Economics or similar.
* Experience in credit risk/financial services modelling including end‑to‑end model development and monitoring.
* Strong experience with logistic regression / scorecard‑style models (eg feature engineering, variable selection, calibration, performance measurement) with experience in advanced ML approaches desirable.
* Proficiency in Python, R, SQL or other programming languages.
* Experience working with credit bureau data and large multi‑source data.
* Understanding of model governance and model risk management expectations.
Benefits to Joining Propel
* Pension
* 25 days holidays, increasing by 1 day per year (up to 30)
* Growth and opportunity - we pride ourselves on promoting from within
* Incredible company culture
Equality, Diversity & Inclusion
Our organisation is made up of brilliant people. Each of us is unique, whether in terms of our background, personal characteristics, experience, skills or motivations. And we value our people for the differences they bring to the table. These differences - this diversity is powerful.
Fostering an inclusive culture helps each of us to benefit from a wider range of these different perspectives, experiences and skills. We believe that this creates a happier, more productive working environment for us all.
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