To develop, maintain and strengthen our IFRS9 Provisioning Models. The role will involve complex modelling to develop, monitor and take full ownership of the bank’s provisioning models under IFRS 9. There is an overarching responsibility to understand and evaluate impairment impacts as the Bank grows and launches new products and services. The individual will need to be capable of taking a more holistic view of the interaction of the model with the business to identify periods when business changes, or short-term fluctuations, may be leading to variances, and suggesting appropriate adjustments to the models. Responsibilities:. Develop, monitor and calibrate the Bank’s provisioning models. · In conjunction with the decision science, data & analytics teams, plus any relevant third-party providers, lead the remediation actions raised by 2nd line Model Risk team (MRO) validation, along with initiating relevant model recalibrations and enhancements. · Lead the impairment model monitoring, working with Credit Risk and Data/Analytics team · Ensure relevant governance and controls are followed with regards to the impairment process and any enhancements. · Work with the wider Impairment team to maintain and enhance segmentation, reporting, controls, monitoring, governance, and robust procedural documentation for internal and external stakeholders. · Perform ad-hoc analyses as required and provide recommendations and solutions based on analysis. · Working with the wider treasury and finance teams ensure internal and external audit points are addressed and closed in a timely manner. · There is an overarching responsibility to understand and evaluate impairments impacts as the bank grows and launches new products and services.. Champion a culture of collaboration and continuous improvement. · Inspire and engage colleagues by clearly communicating objectives and aligning goals with broader strategic priorities. · Encourage technical excellence and capability development within the impairment modelling team. · Actively support talent development by identifying skill gaps and mentoring junior team members. · Promote innovation and best practices in modelling, governance, and risk management to enhance decision-making and operational resilience. Experience required:. Extensive practical experience in designing, building and calibrating impairment models, ensuring robustness and compliance with IFRS 9 standards, and delivering innovative solutions to complex modelling challenges. · Strong technical expertise in SAS, Python, and SQL/Snowflake for model development and data manipulation. · Hands-on experience collaborating with decision science and data analytics teams to implement model enhancements and validate performance. · Solid understanding of the impairment framework and IFRS 9 reporting requirements within a regulated financial services environment. · Experience working with diverse credit portfolios (e.g., credit cards, vehicle finance, or non-standard retail credit markets) is highly desirable.. Process-oriented approach to model governance, monitoring, and lifecycle management. · Strong problem-solving skills with the ability to interpret complex data and translate insights into actionable recommendations. · Strong communication skills - able to present technical concepts clearly to both technical and non-technical stakeholders. · High attention to detail and a methodical approach to work, ensuring accuracy and compliance. · Self-starter with a proactive mindset and strong motivation to add value through continuous improvement and innovation. · Strong computer literacy, especially with Microsoft Excel and related tools. Who we are At Vanquis, our purpose is simple: to deliver caring banking that helps people make the most of life’s opportunities. Founded in 1880, we’re now a FTSE All Share specialist bank supporting over 1.7 million UK customers with responsible, tailored lending. We’re proud to be certified as a Great Place to Work and recognised by the Financial Times as one of the UK’s Best Employers 2025 — ranked top 50 nationwide and seventh in Banking & Financial Services. We’re also proud signatories of the Armed Forces Covenant, actively supporting veterans, reservists and military families. Guided by our values — caring for people, pulling together, finding better ways and getting the right things done — we’re building a workplace where colleagues feel connected, valued and empowered. Alongside competitive pay, we offer meaningful benefits, salary reviews, a discretionary bonus scheme and continued recognition. We’re invested in your development too. With the right support and hands-on learning, you’ll grow your skills, shape your career and realise your ambitions. Working Pattern: Hybrid—typically a couple of days a week in the office. Part-time or flexible arrangements are considered to support work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible. What We Offer: Holidays: 25 days holiday up to 30 days (depending on service) Pension: We know it is important to save for the future, that is why we will contribute up to 10% Maternity/Paternity: We realise that family time is important, we offer enhanced maternity (after successful completion of probation) and 4 weeks paternity leave Workations: opportunity to work abroad 20 days a year (approved list of countries) enabling you to visit family and friends or extend your trip Volunteering: 2 paid days to ‘give back’ to the charity of your choice Development: LinkedIn Learning for all Finance: Snoop Premium available to all colleagues Opportunities to connect: via quarterly socials, in-person and virtual company updates Medical: Opportunity to opt in for Private Medical Insurance Bonus: Discretionary annual bonus