Director Credit Risk Modelling

Management (50%)

• Lead and mentor a high-performing team of 10+ professionals.
• Ensure successful project management of model validations within tight regulatory and internal deadlines.

Technical Validation (50%)

• Oversee validation processes, including data analysis, benchmarking and, where necessary, building challenger models.
• Conduct detailed reviews to ensure alignment with Group Model Risk Policy and regulatory requirements.
• Deliver high-quality validation reports and presentations to governance committees, emphasizing assumptions, limitations and key findings.

Stakeholder Engagement

• Act as the primary interface with model owners, developers and senior stakeholders.
• Contribute to maintaining consistent validation standards across the bank.

Decision-Making

• Provide final approval for Retail Credit models.
• Anticipate and address stakeholder inquiries, offering clear and concise communication on complex topics.

Essential Qualifications and Skills

• Educational Background: Honours, Master s, or Ph.D. in a quantitative discipline (e.g., Mathematics, Statistics, Finance, Economics).
• Experience:
• Extensive hands-on experience in developing or validating Retail Credit IRB and IFRS9 models.
• Deep knowledge of regulatory requirements (e.g., CRR, EBA guidelines).
• Proven leadership and people management skills.
• Technical Skills: Proficiency in Python, SAS or R for model testing and validation.
• Communication: Exceptional ability to create detailed reports and present technical findings to both technical and non-technical audiences.

Preferred Qualifications

• D. in a quantitative discipline.
• Specialized expertise in Retail Credit models, AIRB, IFRS9, CCAR or stress testing.
• Broader knowledge of financial projection, capital management and treasury functions.