2 of 2 Credit Risk Jobs in Tyne and Wear

change is effectively managed. Adding insight to the provision calculation process and challenging inputs and assumptions proactively. Providing support to ensure the impairments model meets IFRS 9 standards and Credit Risk requirements. Undertaking quantitative and qualitative impact assessments on a regular basis. Ensuring risk controls are fit for purpose. Reviewing provisions holistically to assess requirements for Post … intra month and longer-term forecasts of impairment. Driving improvement in existing processes to enable better outcomes for our customers. We need you to have Experience in Banking and Risk Management. Alternatively experience in Telecommunications with similar modelling/coding experience. Good technical skills in SAS gain in a working environment. Experience in building trusted relationships. Comfortable interpreting complex … have but not essential An understanding of impairment provisioning. In particular, knowledge of IFRS 9 and an understanding of IFRS 9 accounting requirements would be advantageous. Knowledge of VM risk appetite, risk management framework and regulatory framework. Advanced knowledge of Group's Governance framework. Understanding of the Group's risk policies and methodologies. Experience in change and More ❯

Business Unit: Model Risk and Analytics Salary range: up to circa £45,000 per annum DOE + red-hot benefits Location: UK Flexible Contract type : Permanent Don't settle for dull. Live a life more Virgin. Our Team Stress Testing and IFRS9 Models work at the intersection of Data Science, Statistical Modelling and Economics within Virgin Money's Model … Risk and Analytics function. We use data to support the business through model building or providing actionable insights from the data. We draw on statistical modelling techniques to produce the best possible predictive models. What you'll be doing Providing input into the scoping, design, development, validation and implementation of credit risk models, in line with Bank … you to upskill junior colleagues. It's a bonus if you have but not essential Knowledge of economical processes, ideally with some experience of economic time series analysis Functional Risk and Regulatory knowledge ideally within IFRS 9 and/or IRB and Stress Testing Red Hot Rewards Generous holidays - 38.5 days annual leave (including bank holidays and prorated if More ❯