Decision Science Modelling Manager

£52,912 - £66,140 per annum
19 Jul 2022
18 Aug 2022
Lloyds Banking Group
Contract Type
Full Time

As the UK's largest retail, commercial and digital bank, we have a big responsibility to support the UK economy and put customers at the heart of everything we do. We follow a clear set of principles which promote a positive, collaborative and creative culture. You'll find we're genuine about equal opportunity and deeply value diversity - all with a culture built around advancing the best in our people.

Sitting within our Risk function, Decision Science is a centre of excellence for analytics, modelling and customer insights. In this role, you'll be part of a specialist modelling team focused on building and delivering industry leading models within the Group, supporting the wider Risk division by:

  • Delivering sophisticated data analytics and modelling to support retail and commercial customer needs and credit decisions across the credit lifecycle
  • Supporting the bank's prudential requirements such as capital and impairment allocation, and capital optimisation
  • We work with data that underpins vital business decisions, and together we make it possible to add customer value, control risk, and help to build a safe, strong bank for our customers.


A bit about the role…

You'll be leading the development and maintenance of industry leading credit risk models initially for Small Businesses (SME and Business Banking) and other analytical solutions to support risk management across Lloyds Banking Group. You'll be:

  • Taking ownership for delivery of modelling and analytic projects, ensuring these are completed in line with business requirements.
  • Leading the design of modelling solutions (model developments, calibrations, analytics etc.) to high technical standards and following internal policies and external regulation.
  • Thinking about data differently, using it to really understand customer behaviour and credit performance and to tell a story to the business in order to influence decision making.
  • Building positive relationships with colleagues and partners across the organisation and communicate clearly to agree modelling proposals and present recommendations.
  • Providing technical leadership, mentoring and management to less experienced team members.
  • Participating actively in the Decision Science management team, supporting senior managers in delivering of wider team initiatives and proactively contributing to development of positive team culture.


What are we looking for…?

We are looking for someone who is:

  • Comfortable working with numbers and have either a good degree in a numerate subject or equivalent quantitative experience gained in previous roles
  • Experienced in the use of programming languages (e.g., SAS, Python) to manipulate data and in the use of statistical modelling techniques
  • Knowledgeable in the fundamental principles of banking, credit risk management, economics.
  • An analytical problem solver, combining innovation and creativity with understanding of the business and regulatory environment.
  • Well organised and able to lead analytical and modelling projects to a high standard and with limited guidance.
  • An effective communicator, able to build positive relationships with partners and communicating recommendations clearly to influence business decisions.
  • Focused on personal development and someone who supports the development of less experienced colleagues


And in return...

We'll recognise and reward your performance. Our award-winning benefits package includes:

  • A competitive salary and annual performance-related bonus
  • A generous annual holiday allowance of 30 days (plus Bank Holidays)with the option to purchase up to 5 additional days per year
  • An additional annual flexible allowance that you can use to choose from a wide range of benefits, such as Cycle2work and enhanced medical benefits, or take as cash
  • A contributory pension scheme
  • Private medical insurance

We expect this role would be based either in Bristol or Edinburgh offices and working in a hybrid way.

We welcome candidates from all personal and career backgrounds and support flexible working arrangements. We'll help you reach your full potential, meet your career aspirations and really make a difference as you embark on a career with excellent development and progression opportunities.

LBG has been named:

  • A Top 10 UK Employer for Working Families
  • A Times Top 50 UK Employer for Women
  • An Investing In Ethnicity Outstanding Employer
  • Business Culture Award for Best Large Organisation For Culture

Together we make it possible

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