We have an exciting opportunity for a Technical Lead Manager to join the Credit Risk Modelling team.  You will manage a team of experienced modellers providing support and challenge as they develop the key models used to assess the Society’s financial sustainability.  You will assume responsibility for establishing robust control and review frameworks to bring greater assurance to each stage of the model development lifecycle and ensure our models remain suitable for the Society’s requirements and aligned with regulatory expectations.

About the role

In this role, your work will play an important part in the way financial sustainability and credit risk is managed.   You’ll do this by:

• Providing strong support and challenge to Managers within the team as they perform model redevelopments and reviews ensuring key decisions within the development are being made robustly and efficiently.
• Assuming responsibility for establishing robust control and review frameworks to bring greater assurance to each stage of the model development lifecycle and reducing model risk.
• Demonstrating strong stakeholder management to ensure that appropriate knowledge and understanding of the models and their use is in place and that requirements are fed into developments and addressed appropriately.
• Ongoing external scanning to ensure that the methodologies and approaches employed across the Society are aligned with industry best practice and that activity required to satisfy new regulatory requirements is understood and planned for.
• Work closely with Lead Manager of team to ensure movement in model performance identified from model monitoring is understood and assess whether action is required.
• Manage requests from within the business for analysis and model outputs to support their activities e.g new mortgage proposition assessments.

Each of these areas will involve working closely with other teams within Balance Sheet Strategy and Analytics, Balance Sheet Control and Credit Risk departments so developing and maintaining this engagement will be an important aspect of the role.

About you

First and foremost, you’ll be an experienced modeller or analyst with experience from your studies and your work experience. This’ll be coupled with;

• Detailed understanding of IRB, IFRS 9, Scorecards and Stress Testing Modelling.
• Knowledge of modelling requirements for product / project evaluation and an understanding of the requirements of the regulations relating to model development.
• A track record of delivering models or analytical projects within a business.
• A good awareness of the Financial Services industry and associated regulatory landscapes.

About us

At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.

Flexibility. We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you.

Development. We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.

Inclusivity. We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.

About our Benefits 

We offer lots of fantastic rewards that you can make the most of in and out of work, including:

• Holiday. You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
• Bonus. We work together to reach for better at YBS, so when we reach our goals we’re all rewarded, with up to a 10% annual bonus. 
• Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension. 
• Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans. 
• My Benefits. When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts,

Ready to apply?

If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.

Want more information?

If you have any questions about this role, please contact Tazafia Mahmood.

Please note applications are reviewed frequently therefore this role may close prior to the advertised closing date.