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Credit Risk Specialist - DOD Experience

Lorien
Posted 19 hours ago, valid for 23 days
Location

Milton Keynes, Buckinghamshire MK10 9QA

Salary

£650 per day

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for a Credit Risk Specialist with extensive DoD experience, based in Milton Keynes, requiring three days onsite each week.
  • The contract is set to last until August 2025, with a likelihood of extension, and falls inside IR35 regulations.
  • The role offers a daily rate of £650 and requires significant experience in credit risk management, particularly in the banking sector.
  • Key responsibilities include overseeing DoD engine execution, maintaining existing models, and engaging with various risk areas and external auditors.
  • Candidates should possess skills in SAS and IFRS9, along with a strong background in credit risk management.
  • Credit Risk Specialist - DOD Experience
  • Milton Keynes - 3 days onsite a week
  • Until Aug 2025 - likley to extend
  • Inside of IR35
  • £650 per day

My client, an International Bank, is looking for a Credit Risk Manager with extensive DoD experience.The team is responsible for the maintenance and execution of the full suite of credit impairment models as well as DoD engines and plays a key role in the determination of credit loss budgets for the client and provides the credit loss projections used in internal and external stress testing exercises including those requested by regulatory authorities.Key responsibilities are

  • Oversee engine execution to produce DoD model output
  • On-going maintenance of existing DoD engine
  • Support change process and implementation of new models
  • Development of analytics dashboard, monitoring and MI reports
  • Active engagement with other risk areas such as forecasting, portfolio management, collections etc.
  • Preparing materials and presenting results to governance forum/committees
  • Regular engagement with external auditors to support the successful completion of half-year and year-end audits.
  • Support internal audit activities and closing internal validation points
  • Actively involved in review and challenge of the next generation credit risk provisioning models.
  • Keeping process documentation up to date with model changes
  • Deputising for the Senior Manager.

Key Skills and Experiences

  • Credit Risk Manager
  • Extensive DOD experience
  • SAS
  • Banking Sector Experience
  • IFRS9

If you are available and interested please apply today!

Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.