The Opportunity
A UK based regulated banking group is seeking an IFRS9 Modelling Manager to play a key role in the development, oversight and enhancement of IFRS 9 provisioning models.
Reporting to the Senior Manager – IFRS9 modelling, this position offers ownership of complex impairment models and the opportunity to shape model performance as the business evolves, launches new products and expands its portfolio. The successful candidate will combine deep technical modelling expertise with strong governance awareness and commercial insight.
Key Responsibilities
* Develop, calibrate and maintain IFRS 9 provisioning models across the Bank’s credit portfolios.
* Lead ongoing model monitoring to ensure robustness, stability and regulatory compliance.
* Drive remediation actions arising from Model Risk validation, initiating recalibration and model enhancements where required.
* Collaborate closely with Decision Science, Data & Analytics, Credit Risk and Finance teams to ensure models remain aligned with business strategy and portfolio performance.
* Maintain strong governance, controls and documentation across the impairment modelling lifecycle.
* Support segmentation, reporting frameworks and monitoring processes to meet internal and external stakeholder requirements.
* Provide ad hoc analysis and clear, evidence-based recommendations to support decision-making.
* Work with Treasury and Finance teams to ensure internal and external audit findings are addressed promptly.
* Take a holistic view of impairment impacts, identifying where business changes or short-term fluctuations may require model adjustments.
Knowledge & Experience
* Extensive practical experience designing, building and calibrating IFRS 9 impairment models within a regulated financial services environment.
* Strong understanding of the impairment framework, including IRB modelling components (PD, LGD, EAD).
* Proven experience ensuring models remain compliant with IFRS 9 reporting standards.
* Advanced technical capability in SAS and Python, with strong data manipulation skills (SQL/Snowflake desirable).
* Experience collaborating with decision science and analytics teams to validate and enhance models.
* Exposure to retail credit portfolios such as credit cards, vehicle finance or specialist lending products is advantageous.
Skills & Capabilities
* Strong governance mindset with a structured approach to model lifecycle management.
* Excellent analytical and problem-solving skills, with the ability to translate complex data into actionable insight.
* Clear and confident communicator, able to present technical methodologies to both technical and non-technical stakeholders.
* High attention to detail and a methodical approach to ensuring accuracy and compliance.
* Proactive and self-motivated, with a continuous improvement mindset.
* Advanced Excel and strong overall computer literacy.
Stakeholder Engagement
This role involves close collaboration with Credit Risk, Decision Science, Finance (including FP&A, Financial Control, Group Reporting and Treasury), Model Risk teams, auditors and third-party suppliers. Strong relationship management skills are essential.
Why Apply?
This is an opportunity to take ownership of IFRS 9 impairment modelling within a growing and evolving banking environment. The role offers meaningful exposure across risk, finance and strategy functions, alongside the chance to influence model governance, innovation and best practice.
A competitive salary and benefits package is available.
Barclay Simpson - global leaders in Risk Management & Quant recruitment.
Job listing posted by Barclay Simpson: Barclay Simpson job listing for IFRS9 Modelling Manager.
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