Description
My Client is a Major Investment Bank who is looking for a NBFI Credit Officer/Analyst to join their team for an initial 6 Month contract.
The project is responsible for designing, estimating, validating, implementing and monitoring the performance of models that estimate counterparty Probabilities of Default (PDs), Banking Book Exposure at Default (EAD) amounts and Loss Given Default (LGD) estimates
The models developed use strong conceptual credit risk foundations and wherever possible, utilise advanced statistical techniques applied to detailed credit data sourced both internally and externally. Overall these models support the bank's management and optimisation of capital and portfolio risk/reward.
As well as owning the credit risk model development life cycle, the team's other responsibilities include overseeing the end-to-end operating model for credit risk systems infrastructure, undertaking all quantitative aspects of credit risk stress testing and the running of operational batch processes used in capital calculations, impairment estimates, limit setting, and deal evaluation.
The Analyst is responsible for:
Assisting with the loss data remediation exercise and validation of the data on receipt from the respective Credit team.
Management of case list excel tracker.
Distribution to Business Units pre populated templates based on agreed case lists.
Provide guidance to Credit managers to assist with the completion of the template.
Validation of the completed template against system data, electronic or paper files, co-ordinating any further remediation activity.
Following validation, process the templates via an aggregation tool and then complete data quality checks.
End to end management of a portfolio of default cases for the loss data collection process.
Attention to detail and early escalation of issues.
Maintain an active relationship with external and internal stakeholders.
Completed 'fit for purpose' data sets.
The candidates must have experience:
Credit risk background.
Good working knowledge and understanding of credit risk systems and processes.
Ability to demonstrate strong background knowledge of banking book products
Proven track record of planning and delivery.
Ability to take ownership of and complete tasks to strict deadlines.
Excellent writing and Excel skills
Strong verbal and inter-personal skills, with the ability to deal with reluctant RM's and Credit officers
Aston Carter Ltd is acting as an Employment Business in relation to this vacancy.