- Location
- London, England, United Kingdom · published · Cardiff, Wales, United Kingdom · Manchester, England, United Kingdom
- Type
- Full-time
- Department
- Legal
- Seniority
- Director
- Source
- Workable
Description
Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. Read more about our story here.
We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices.
To support our ongoing growth, we’re looking to recruit a Head of Credit Risk Modelling and Strategy within the 2nd line Credit Risk Team. The role will play a pivotal role in safeguarding the financial stability of the Bank by leading the development and continuous improvement of regulatory and operational credit risk models and credit decisioning strategies. The role requires a deep understanding of credit risk principles, regulatory requirements, and credit model and strategy development. As part of the second line of defence, you will work closely with, and provide insight to, stakeholders across the business, while delivering robust credit risk models and strategies that align with the Bank’s overall risk appetite and strategy.
Key Accountabilities and Responsibilities
- Lead the development, monitoring and maintenance of the Bank’s credit risk decisioning models, including acquisition scorecards and affordability models.
- Develop and monitor automated decisioning strategies for the Bank’s lending products.
- Define standards for credit risk model development which align to the Bank’s Model Risk Framework, and ensure these are implemented within the team.
- Ensure all credit risk models and strategies comply with relevant UK regulatory standards, including PRA and FCA requirements.
- Collaborate with key internal stakeholders, including the first line Asset Management and Finance teams, to ensure models and strategies support business objectives.
- Ensure all models and standards are documented to a high standard, and present outputs to senior stakeholders and committees.
- Lead and develop a high performing team of risk modelling analysts, and support individual continuous professional development.
- Keep track of industry trends and regulatory requirements to continually enhance the Bank’s management of credit risk.