Description
The Portfolio Risk and Economic Capital analyst role sits in the Asset Risk Function, which has the responsibility for forecasting Motability Operation's key financial risks, including Residual Value and SMR, Insurance Lease Pricing, Economic Capital, as well as producing the customer pricing. The role is responsible for delivering MO's Minimum Capital Requirement and Capital Buffers levels, and the measurement and socialisation of actionable insight related to the risk of the UK's largest fleet portfolio.
Reporting into the Economic Capital and Portfolio Risk Manager, the role will have the following key responsibilities
1. You will be responsible for the operational delivery of the Economic Capital activity across all data, assumptions, and modelling updates & forecasts, 3rd parties, ensuring the delivery timetable adheres to agreed governance with all stakeholders aligned
2. You will maintain in-depth knowledge of Motability Operation's business model to steer the internal application of the Economic Capital activity across all relevant major and emerging risks; residual value, insurance, treasury, credit, operational and climate risk
3. You will have a detailed knowledge of relevant external benchmarks, economic capital models, theory and regulatory capital to proactively challenge and develop our capital model positioning
4. You will translate the model outputs to b...