CCR Magazine

You are here  :Home arrow CCR-e: Senior Professionals and Vacancies arrow Senior Risk Analysts x 3 – Model Validation
Contact Us Newsletter Signup RSS Feeds

Senior Risk Analysts x 3 – Model Validation PDF Print E-mail
Tuesday, 09 February 2010

Location:  Halifax
Salary:   £35,000 + Bonus & Benefits. Start:  March / April

The Business Area

The Independent Credit Risk Control Unit has direct responsibility for the validation, oversight and governance of all of Retail's credit models as well as contributing to the wider issues of model use, other capital adequacy issues and strategic considerations. This includes both setting the governance and control framework and implementing it via independent reviews and running the relevant committees etc. 

Credit models covered by ICRCU include Basel capital models, impairment, forecasting/stress testing, pricing/risk-reward, affordability, collections and recoveries and marketing models. 

ICRCU sits within Capital Management, to provide the required independence from the model building areas (largely Decision Science).  Both ICRCU and Decision Science report directly to the Retail Divisional Risk Officer.  The Capital Management team's overall role is to ensure that regulatory and economic capital is managed effectively within the Retail Division, as well as ensuring that all credit models are demonstrably fit for purpose. 


  • Ensure Retail Division's models are fit for purpose via independent reviews, annual validations and reviews of ongoing monitoring.
  • Assist the review of Divisional standards for model development, model monitoring, validation and stress testing and ensure that all projects are run in accordance with the required standards.  Assist the enhancement of these standards to ensure best practice is maintained.
  • Assist the enhancement of model development and monitoring methodologies used in rating systems within Retail Division, including appropriate statistical techniques.
  • Stay abreast of regulatory and modelling developments to ensure ongoing compliance and best practice.

Candidate Profile

  • Strong academic background (preferably MSc or equivalent) in a relevant quantitative discipline.  Experience of retail credit risk modelling, through either building or validation of relevant retail credit models. 
  • Project management, stakeholder management and presentation skills.
  • There will be a huge opportunity to learn about the full spectrum of credit models and products, hence a self motivated person who will actively seek to get involved to the highest extent possible is required.

Please send your CV to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or contact Phillip Hartley on 0845 850 4045.


latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CCR-e Job Alerts

Sign up to receive CCR-e job alerts.


About CCR-e

ccr-e logo

CCR-e is the new recruitment solution for senior consumer and commercial credit professionals in the UK and worldwide.

Are you looking for the next step in your career? Or are you looking to find that rare, exceptional individual who can lead your business forward? Then CCR-e is the answer.

We pride ourselves on our exceptional service, aiming to satisfy the needs of both clients and candidates by listening to their requirements and expectations, and providing a bespoke service to meet these.

We bring you specialist knowledge acquired through years of experience, combined with a flexible and honest approach to recruitment that enables us to develop relationships with both clients and candidates based on reliability and trust.

Our range of services include search and selection, advertised search, contingency recruitment, along with network referrals for contract, interim and permanent members of staff.

We provide these services to our clients in the UK and Europe who need senior credit, collections, and risk professionals fast - but with an emphasis on quality and experience.

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197