Twenty Financial Services are currently recruiting for a Director - Wholesale Credit Model Owner for a Tier 1 Bank based in London.
This is a newly created role to take ownership of a portfolio of Wholesale Credit Risk PD, EAD and LGD models including oversight of development, validation, review, monitoring and regulatory assessments.
- Work alongside key senior stakeholders across Risk, Technology and the Front Office on current models and new models under development.
- Review and approve development documentation to be sent to independent validation
- Check model performance
- Ensure all documentation is in line with regulation and keep abreast of any future changes, identifying required regulatory approvals.
- Strong knowledge of Wholesale Credit Models (PD, EAD and LGD)
- In-depth understanding of regulations such as CRR/CRD IV/IFRS9 and AIRB submissions.
- Background in model validation/development/monitoring/governance etc
- Excellent stakeholder management skills