Your tasks:

To further advance the development of new models and enhance existing models, including scorecards, we are looking for a senior credit risk modeller.

  • Leading the local model development and ensure the local regulatory requirements are taken into account.
  • Liaising with the UK model development team, building relationships with all stakeholders, communicating all business requirements and implications clearly and delivering required output to agreed plans and timescales
  • Sparring partner and advisor to senior management
  • Ensuring a reliable infrastructure, including models, data, control environment and compliance with internal policies and external regulatory requirements
  • Using up-to-date model development standards and processes
  • Building and managing effective relationships with colleagues in the wider Risk team and across partnering business functions (such as Modelling and validation functions, Finance, Customer Analytics and Risk Infrastructure)
  • Supporting junior colleagues in the development of their modelling skills
  • Working pro-actively with IT and operational areas to drive forward and mitigate issues in the implementation and use of the models
  • Delivering all individual key tasks across the model life cycle to agreed timescales with minimal ongoing management, anticipating constraints and taking mitigating actions

Your knowledge/experience:

  • Postgraduate qualification in a relevant subject (econometrics, statistics, maths, operational research)
  • Excellent English communication skills both verbal and in writing
  • Business reporting and statistical analytical skills to comprehend local systems in SAS and SQL programming language
  • Experience related to participation in larger model development projects
  • Good understanding on regulatory requirements regarding internal models for retail credit risk - internal ratings based approach (IRB) - such as CRR, relevant EBA Regulatory technical standards and EBA Guidelines
  • Experience in the development of Retail (Capital) models
  • Good knowledge of modern risk management techniques within Retail Banking
  • Experience in the extraction and manipulation of data to support risk model development

We offer:

  • An international team with colleagues from more than 25 different countries
  • An informal corporate culture - without dress code and ‘Sie’.
  • Various possibilities for flexible working, i.a. various part-time models, flexitime
  • Extensive, very flexible home office arrangements - even after Covid-19
  • An excellent learning culture and opportunity to improve your professional competencies
  • Social benefits such as a company pension scheme, life insurance and capital formation contributions
  • 30 days holiday as well as 24 and 31 December as non-working days
  • Additional benefits such as employer contributions to BVG job ticket, fruit and salad days, free sports activities
  • Easily accessible city centre offices, in the vicinity of many shops and restaurants to which you receive a discount

Bank of Scotland is committed to equal opportunities and actively promotes diversity and equality. We therefore welcome applications from candidates with disabilities. This position is available on a part time or full time basis.

We look forward to receiving your complete application (max. 3 MB) with a letter of motivation, CV, references, salary expectations and earliest possible start.

Apply now