IRB MODEL DEVELOPMENT CONSULTANT
UP TO £90K
LONDON
This is a fantastic opportunity for an experienced professional to play a key role in the development and implementation of Internal Ratings-Based (IRB) credit risk models for banks and financial institutions.
THE ROLE
- Develop and validate IRB models: Lead the development and validation of PD, LGD, and EAD models in line with regulatory requirements (Basel III/IV).
- Quantitative analysis: Apply advanced statistical techniques, machine learning methods, and data analysis to build risk models.
- Stakeholder management: Collaborate with key stakeholders including clients, risk management teams, and regulatory bodies to deliver tailored solutions.
- Documentation: Prepare comprehensive model documentation, including technical reports, model validation findings, and compliance assessments.
- Consultancy support: Provide expert advice and insights to clients on regulatory trends and the strategic impact of model changes on capital requirements.
REQUIREMENTS
- IRB model development experience
- Strong proficiency in statistical modeling techniques, with experience in tools such as R, Python, SAS, or SQL.
- A degree in a quantitative field such as mathematics, statistics, economics, or finance; a postgraduate qualification is a plus.
Please apply below!