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Are you an integrated partner in the banks credit risk process whose aim is to ensure that the credit decisioning making process operates effectively and efficiently?
Integration of credit control into broader function to carry the credit process Ensuring high quality in credit applicationsOur purpose includes:- Effective data validationFacilitation of information flowGate keeper of credit data
The main responsibility of the team is the independent validation of the CREST PD and LGD model inputs and working with the credit officers to ensure that the appropriate models are used as part of the credit assessment process. The team will also be responsible for working closely with the modelling team as part of the model development and implementation process.
Description of role and key responsibilities
Ensuring that all inputs from the desk are collected in a timely basis and in an approved formatEnsuring that all financial information is checked against financial statementsChecking the accuracy of qualitative inputs (based on feedback from the Credit Decisioning team and the modelling team). If the inputs are a scorecard then the score needs to be compared with the descriptors for that scoreHighlighting any discrepancies in the inputs to Credit and feeding back to the desk where needed.
Ensuring the Universe of assets is correctEnsuring ratings, staging and ECL are calculated for all assets where data is available
Following up on data gaps with IT and DeskValidating outputs for sense before reporting to Credit
Ensuring there is an Audit trail for inputs and outputs of credit model
Ensuring all data inputs used for ECL calculation are stored down each month in appropriate wayEnsuring outputs used for ECL calculation are stored down in an appropriate way each month.
Ensuring latest version and correct model type are submitted by the desk.
Reports to facilitate Credit Review and sign off of ECL numbers by business and by assetReports to ensure Risk management have a clear idea of the overrides to model numbers and the impact before they sign offAd Hoc reporting of rating and IFRS9 data as needed for the Credit function based on the fact that rating will be incorporated into Credit Risk appetite and also Quarterly portfolio reviews.Ad hoc analysis and reporting on overrides, backstops and model input data.Participation in models forum as key contributors
Collaboration with key stakeholders regarding technology enhancements:
Ratings HubDo you have experience in developing system enhancements needed for BU, Credit Admin& Credit Decisioning?Ownership of UAT for new functionalityIdentification of system bugs and tracking to resolveOwnership of training and supporting documentationInvolved in credit application enhancement and integration with ratings and model data, end to end process
Participation in credit to ensure model output aligned to credit decision making
Provide additional support to the credit officers Driver of change with regards to modelling and embedding with credit decision makingInfluence AIRB practices, i.e. improve use test of credit models in credit process.Provide appropriate challenge of model inputs and outputs.
Core skills and knowledge
Technical Knowledge:Knowledge of Company Balance Sheets and financial ratiosExcel
Act with integrity at all times and embrace the philosophy of treating our customers fairly (compulsory)Analytical mind setAttention to detailOrganised and thoroughCommunication NumerateAble to handle difficult situations when there is a conflict of opinionWork to a process and highlight where a process is not being followedFast to pick up an appreciation of what impacts and concerns the Credit team and hence can be relied upon to know when to act under their own initiative and when to escalate
We commit to ensure that everyone is fairly assessed during our recruitment process.
Let us know if you need any reasonable adjustments to complete your application.