Job Description

We have an exciting opportunity to join the UK\'s 2nd largest Building Society and 8th largest mortgage lender (with c\xc2\xa355bn of assets), as a Senior Credit Risk Technical Specialist in the Model Monitoring Camp of the Capital & Impairment team, which sits within the Risk Measurements area of Credit Risk.

This role reports to the Credit Risk Manager (Model Monitoring) and is a senior technical role with no line management responsibility.

As a Senior Credit Risk Technical Specialist, you will take a lead role in developing and delivering model monitoring across IRB and IFRS9 models.

Key responsibilities include:

• Providing in depth technical interpretation of requirements and regulations in relation to the monitoring of IRB and IFRS9 models, including scorecard monitoring, and PD, LGD and EAD model.

• Providing technical leadership of the monitoring team and by acting as a mentor to the team

• Working closely with internal stakeholders to ensure that the monitoring requirements of new models are appropriately considered.

• Supporting the team manager in planning for and delivering detailed monitoring reports, including in response to changes in regulation or because of changing business strategy and requirements

• Liaising with external advisors and third parties as appropriate, including our external auditors and regulators \xe2\x80\xa2Presenting monitoring reports to senior committees as appropriate, including Retail Credit Models Committee (RCMC), Expected Credit Loss Group (ECLG) and Model Risk Committee (MRC), and responding to queries from senior managers and committees

About you

Essential Requirements:

• Minimum 2 years\' experience in a credit risk role (analytical or modelling role)
• Strong knowledge of SAS Enterprise Guide and/or SAS Base and/or equivalent
• Highly numerate individual with substantial experience of working in retail credit risk
• Able to demonstrate a thorough understanding of applicable prudential regulations and accounting standards
• Deep understanding of statistical tools used to monitor credit models
• Ability to translate the meaning of the outputs that are generated by the model monitoring reports into formats that are easily understood at leadership level so that business decisions regarding the performance of the models can be made
• Adept at presenting complex data and information
• Communication is key and you must be able to liaise effectively with internal and external stakeholders including external auditors

Desirable:

• Prior exposure to the monitoring of Internal Ratings Based (IRB) and Expected Credit Loss (IFRS9) models would be a significant advantage.

Hours: 35 - Mon to Fri

Hybrid Working - An average of at least 1 day on site each week

We offer flexibility that counts - and we recognise that will look different for different people. We\'ll consider a range of flexible working, and where we can we\'ll make it happen. So whether it\'s part time hours, job sharing or other flexible working patterns, have a chat with us before you apply to see what the possibilities are.

Benefits:

• Discretionary Bonus scheme up to 20%
• 28 days holiday + bank holidays,
• Buy and sell holiday,
• Pension Employer Contribution - 5% - Plus employer pension matching (limit of 10%)
• Death in Service - This is 6 times your salary
• We\'ll support your physical and mental health with paid sick leave
• My Lifestyle - access to exclusive deals on products and services, as well as cashback and discount opportunities at supermarkets and major retailers. Plus offer services such as legal advice, health and wellbeing, money advice and more.
• We offer fair compensation if you need to work unsociable or additional hours, through shift, overtime, and callout payments
• Wellbeing Hours - Time for You. request up to 14 hours paid time off each year (pro-rata) to dedicate to your wellbeing or personal growth

About us

Coventry Building Society has grown into the second largest building society in the UK.

We\'re a national society, with local values and loyalty, and a caring family ethos. The best way to judge a company is based on what the people who work there say as we\'re rated certified by Great Place to Work from our recent employee survey.

We\'re building and nurturing teams where difference is valued, creating an inclusive and inspiring workplace. We think discrimination of any sort has no place in a modern society, including ours.

Diversity brings unique ideas and perspectives, helping us to deliver better performance.

We\'ve made clear commitments to increase gender and race diversity in our senior teams over time, and an overall ambition to improve the representation of different sexual orientations, gender identities, disability, backgrounds and thinking styles in our workforce.

Location

Coventry-Binley Business Park

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Coventry Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (firm reference number 150892 www.fca.org.uk). Coventry Building Society. Principal Office: Coventry House, Harry Weston Road, Binley, Coventry, West Midlands CV3 2TQ.

Coventry Building Society