Head of Mortgage Credit Analytics

Recruiter
London
Location
South East England
Salary
Upon Application
Posted
30 Sep 2017
Closes
03 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
A highly motivated Head of Mortgage Credit Analytics is required to lead the Credit Risk Analytics team. The Head of Mortgage Credit Analytics will report directly to the Director of Credit Risk and will play a key role in the development and validation of products, cash and loss forecasting as well as identifying potential new opportunities.

As the ideal candidate you will have extensive knowledge of credit risk and modelling within the UK mortgagemarket, you will have a good working knowledge of SAS, Experian Powercurve/ decision system.

Brief outline:

- Financial modelling - creating and developing
- Stress Testing
- Loss Forecasting (PD/LDG)
- Reporting
- Good Mortgage knowledge

Major activities and Responsibilities:

- Leading analytical projects within credit risk including cash and loss forecasting, IFRS9.
Development and validation of risk models to be used in client decisioning, including application scorecards
- Working closely with senior management to assist with formulation of departmental strategies
Representing Credit Risk Analytics to aid product selection lifecycle and in a project delivery capacity
Designing, developing and validating risk models and processes, using SAS, Excel etc.
- Working with treasury and securitisation teams to develop seamless integrated models
Conducting research on innovative risk modelling approaches and techniques
- Understanding internal and external data, infrastructure and reporting requirements and coordinating these with effective analytical solutions
- Scaling next generation risk models for the planned market expansion

Skills and experience required:

- A strong understanding of the Risk sector with extensive experience in developing & modelling risk products (5 years +) developing Basel/ICAAP models, loss and provisioning models, IFRS9 and cash forecasting.
- Hands-on experience in building consumer/commercial scorecards for financial or other equivalent organization with a strong background in UK mortgage market
- Strong mathematical and statistical background, knowledge of statistical modelling techniques
- Experience of data mining skills
- Excellent leadership skills, demonstrated through managerial experience in an analytical context
- Confidence to make critical decisions, challenge and manage stakeholders' expectations
- Desire to take responsibility for delivering complex modelling solutions
- A preference for a fast-paced, entrepreneurial environment

Excellent opportunity to join a tech minded mortgage lender, with growth plans over the next few years.

Salary negotiable, dependent upon experience and comes with a benefits package and bonuses.