Risk Modelling Manager

RISK MODELLING MANAGER - IFRS 9 Up to £75,000 FULLY REMOTE (UK ONLY) This role does not offer sponsorship.

This is an exciting opportunity to join a top-tier UK financial services organisation, playing a key role in the development and delivery of IFRS 9 credit risk models across a range of mortgage products. This business has a strong reputation for employee wellbeing, flexibility, and offers generous holiday and remote working policies.

THE COMPANY

This business is a leading UK digital bank with a wide portfolio of retail and business banking services, including savings, mortgages, credit cards, and insurance. With a strong presence across major UK cities, they've built a culture focused on collaboration, work-life balance, and employee development. Their risk and analytics functions are highly regarded, and the organisation is investing significantly in data-led decision making.

THE ROLE

You'll lead IFRS 9 model development within the mortgage's portfolio, with a focus on PD and LGD model design and implementation. This is a hands-on technical role, but also requires strong stakeholder management and leadership skills.

Your key responsibilities will include:

• Leading the development of IFRS 9 PD and LGD models for the mortgage's portfolio.
• Managing and mentoring a team of two analysts.
• Supporting model monitoring, validation, and performance analysis.
• Contributing to stress testing and wider regulatory risk modelling as required.
• Collaborating with senior stakeholders to define modelling priorities and communicate insights effectively.
• Presenting technical recommendations in a clear and commercially relevant way.

YOUR SKILLS AND EXPERIENCE

• Proven experience in developing PD and LGD models under IFRS 9.
• Strong understanding of credit risk across mortgage portfolios.
• Prior line management or mentoring experience.
• Advanced proficiency in SAS (knowledge of Python or R is also beneficial).
• Excellent communication and stakeholder management skills.
• Experience working in a UK banking or financial services environment.
• Degree in a numerate or analytical subject (e.g. Maths, Statistics, Economics, Engineering).

THE BENEFITS

• Salary up to £75,000.
• Remote-first policy (team gathers occasionally throughout the quarter).
• 25+ days holiday and excellent additional leave options.
• Strong focus on wellbeing and flexible working.
• Collaborative culture with structured development opportunities.

HOW TO APPLY

Please register your interest by submitting your CV via the Apply link on this page.