Description
Mortgage Credit Risk Manager/Mortgage Credit Risk/Statistical Modelling/Analytical Concepts/Mortgage Products/Banking/Edinburgh
We are looking for the services of a Mortgage Credit Risk Manager to join a financial services team, based in Edinburgh. The key focus of the role is the development and monitoring of retail credit strategies and insight into the emerging threats to the credit profile of mortgage portfolios of customers and of assets.
Key responsibilities:
To be responsible for the effective credit risk management of the Home Lending portfolios.
Work with Product MD and their teams, in the ongoing customer management and portfolio optimisation.
Identify opportunities to optimise risk return in acquisition and account management strategies.
Lead the development and implementation of credit strategies processes and systems.
Make recommendations on strategy/acceptance strategies.
Support delivery across the wider team of ongoing portfolio management Develop and optimise acceptance/refer/decline.
Evaluate/accept new scorecard and behavioural models.
Develop and manage key performance drivers to retain portfolios within agreed credit risk appetite/limits.
Agree impacts of ongoing price changes on credit risk parameters and impact on risk-adjusted.
Evaluate portfolio strategy performance and recommendations for submission to risk committee.
Key Duties:
To manage credit risks related to large scale portfolios including bad debt provisions, Risk Weighted Assets and costs, and to support the development of the portfolio.
Develop and review ongoing cut-offs, product mix, new vs. existing and review portfolio & cut off performance, customer initial limits, back book limit increase/decrease account management and authorisation strategies; refine/revise and propose changes to the Products MD.
Effective co-operation with operational units to improve customer.
Working with teams across the bank to ensure the appropriate design, sign off, implementation, testing and monitoring of credit strategies.
Fully conversant with the personal banking market place and associated legal/regulatory requirements and ensure that the credit strategy and processes, and systems owned by Retail Credit Risk, meet laid down requirements.
Active and effective change management through successful design, development and delivery of key strategic initiatives
Criteria
- Mortgage background within banking
- Experience of credit scoring and statistical modelling or similar, coupled with the ability to translate complex analytical concepts into a concise and simple proposal
- Excellent analytical skills with strong grounding in, and experience of the application of concepts including; Risk Adjusted Returns, risk based pricing, portfolio management, stress testing and segmentation analysis
Please forward your CV in the first instance