Senior Manager, Credit Model Risk Oversight

TSB Temp
Edinburgh, UK
20 May 2019
26 May 2019
Job Role
Risk Manager
Contract Type
Level of qualification
Job Role: Senior Manager, Credit Model Risk Oversight Function: Risk

Edinburgh Closing Date: 22nd May Hello, we're TSB, and we're different from other banks. We don't do investment banking, overseas speculation or big corporate finance. We just serve individuals and local business customers - we call it 'local banking'. We are looking for someone who is passionate about making sure our Credit Risk models meet the highest internal and regulatory standards Our Model Risk Oversight team plays an important part in our business. The team is responsible for the oversight of risk and financial models, and the independent validation of our most important models. You will lead the team responsible for independently validating the Credit Risk models, including IRB and IFRS9 models to a standard that meets internal and regulatory expectations. The role requires you and your team to prepare validation reports for Senior Management (including Board Members), and regulators, explaining the technical findings in a clear and transparent way. As one of the Senior Managers, you will be responsible for ensuring that the team effectively validates Credit Risk Models, following our internal framework and standards as well as external regulation. You and your team will produce internal and external reports summarising the validations, highlighting areas for potential improvement. You will support senior management in their interactions with regulators. You will be able to influence, and build relationships with, a range of stakeholders from within Risk and the wider TSB Business. The role is about working collaboratively to support a strong culture of accountability, empowerment and proactive contribution to the ongoing development of the function, reflecting the evolving risk modelling landscape within the bank and the associated regulatory expectations. Today Ideally, you will currently have these skills and experience: A strong knowledge of Credit Model validation and regulation, preferably with experience at a bank or at one of our regulators. Strong people management and leadership skills, with experience of leading high performing teams. Excellent stakeholder management skills - able to build strong relationships at all levels of the bank. Skilled communicator Able to manage a challenging workload. Tomorrow It takes more than just skills and experience. You will: Be recognised by your stakeholders as providing excellent technical and regulatory knowledge - building the reputation of the Model Risk Oversight team within TSB. Be a strong team player, working effectively with colleagues in the Model Risk Oversight team as well in as the wider business which in turn helps deliver our regulatory commitments Have the ambition to develop a fulfilling career at TSB. We are TSB We are Pioneering, Responsible, Straightforward, Collaborative and Transparent. This job was originally posted as