5 months ago
• A Risk Manager Lead in our head offices in Swindon.
• £50,840 - £73,436 a year plus benefits on a 12 month fixed term opportunity.
• Salary dependant on experience and internal policy
• Send in your application by 25/10/2018.
A fantastic opportunity has become available as a Risk Manager Lead in our established Retail Decision Modelling team based at Nationwide Headquarters in Swindon. The role involves leading and motivating a sub-team of experienced modellers responsible for delivering decision tools that enable the business to make better decisions for our members.
As a Lead Risk Manager, with the support of a Senior Risk manager, you will be responsible for leading projects relating to the ongoing development, maintenance and monitoring of Credit Risk decision models covering all cycles (Application, Behavioural and Collections), Regulatory PD Scorecards and Affordability solutions across all our Retail lending portfolios. The role will require a deep understanding of retail modelling, portfolio behaviour and the application of models into key business decisions. Hands-on model development experience will be essential, as elements of the role will involve developing innovative solutions to complex business problems. Capability to translate complex issues into a more palatable form for a less technical audience will also be critical to ensure productive relationships with key stakeholders. Furthermore, a deep understanding of the model development process will be required to ensure the delivery of multiple diverse projects to time.
Proven experience in stakeholder management and communication will be integral to the role, as it will involve regular engagement with the Senior Management in Secured and Unsecured Risk, Model Risk Oversight, Collections and Product areas. People leadership experience will be essential for you to motivate and enable your team and the wider team to deliver high quality models.
Who we're looking for
You’ll need to:
• Have hands-on experience of leading, motivating and mentoring a team of technical model developers
• Have extensive experience in Retail Modelling, preferably scorecard development
• Have broad knowledge of Retail lending products, ideally Unsecured and Secured products
• Have a good understanding of risk management practices
• Have a strong quantitative degree ideally from a Mathematics, Statistics, Economics, Financial or related subject
• Be a highly motivated and industrious individual capable of working on a combination of different activities
• Have a proven track record of stakeholder management, with high quality communication and influencing skills
• Be an effective planner and have the capacity to manage multiple projects at any one time
• Be able to build and maintain good working relationships with a broad diversity of stakeholders
What you'll be doing
You will be responsible for developing in-house modelling capability across the Retail Decision Modelling team. This will involve leading a team to develop credit scorecards, regulatory PD scorecards and affordability solutions which meet business needs, satisfy any regulatory requirements and are of sufficiently high standard to meet independent validation requirements.
The role will involve working closely with the Systems, Product Risk, Collections, Retail IRB Modelling and Model Validation teams to ensure that models are effectively prioritised and implemented and communicated.
You will be required to develop the skills and knowledge of your team such that they have the expertise to achieve current and future business requirements, as well as progress their careers within Nationwide.