Job Description

IFRS 9 Credit Modelling Analyst

Location:

Head Office, London

Hours:

Monday to Friday, 9:00am-5:30pm

Working Pattern:

Hybrid (50/50)

Reports to:

Credit Risk Modelling Manager

Department:

Risk & Compliance - Model Development Team

About the Role

We're looking for a technically skilled and analytically driven

IFRS 9 Credit Modelling Analyst

to join our Model Development team. This role is central to maintaining and enhancing the bank's credit risk models, supporting IFRS 9 compliance, and delivering insights that shape strategic decision-making.



You'll work closely with internal stakeholders and auditors, using advanced modelling techniques to ensure our risk frameworks remain robust, efficient, and forward-looking.

Key Responsibilities

Develop and maintain IFRS 9 credit risk models (linear/logistic regression) Support quarterly expected credit loss production and monitoring Conduct model performance assessments and implement enhancements Collaborate with internal validation teams and ensure regulatory compliance Extract and manipulate data from internal systems and the Data Warehouse Provide analytical support to front-line teams and risk functions Maintain efficient data structures for model management Contribute to bespoke analytics and risk profiling Stay up to date with alternative modelling techniques and software

Who You'll Work With

You'll collaborate with the Head of Model Development, Credit Risk Analytics, Finance, IT, and external auditors.

What We're Looking For

Experience in credit risk modelling, ideally with exposure to IFRS 9 Strong statistical and mathematical background Proficiency in SAS and advanced Excel Experience in data extraction, preprocessing, and model testing Excellent communication and presentation skills Ability to summarise complex insights for non-technical stakeholders Strong problem-solving and analytical mindset

Benefits

Competitive remuneration Discretionary annual bonus Annual pay review Private Medical Insurance (Bupa) Mental health & wellbeing support via YuLife & Bupa 25 days annual leave (increasing with service) + Holiday Buy Scheme Cycle to Work Scheme & Green Car Scheme Enhanced family leave policies Study support & professional membership Hybrid working (50/50) YuLife Rewards - discounts on retail, lifestyle & experiences Pension scheme - 8% employer contribution (non-contributory) Interest-free season ticket loan Annual volunteering day & Net Zero employer commitment


If you're ready to apply your modelling expertise in a dynamic, specialist banking environment, we'd love to hear from you.