eFinancialCareers

• Location

  UK-Yorkshire & The Humber

• Compensation

  30,000 - 40,000 + Bonus + Excellent benefits

• Position Type

  Employee

• Employment type

  Full time

• Updated

  23 Sep 2008

• eFC Ref no

  473560

This is a highly challenging role within UK Banking at the leading edge of the management of UK Banking’s Risk Portfolio. The output from Credit Risk assists senior management with a diverse range of strategic business issues.

• Responsible for the accurate and timely production of monthly reserve and recoveries models

• Responsible for the production variance to plan analysis

• Contribute to the review of the reserves with portfolio, Finance and Ops teams

• Assist Senior Risk Analyst and bad debt finance team with reserve adequacy meetings with CRO and CFO

• Investigate opportunities in current processes and models and design and implement necessary changes

• Develop new reserve and recoveries models

• Ensure compliance with Nottingham reserving policy

• Enable sign off from HQ for any changes to models and support relevant HQ initiatives

• Responsible for production of bad debt forecasts for planning sessions

• Responsible for production of regular bad debt re-forecasts

• Design and implement necessary changes

• Develop new bad debt forecasting models

• Document all models and processes

• Contribute to regular internal, CAS and external audits

Contribute to technical training in reserving and loss forecasting

• Risk/finance analytical and forecasting experience

• Graduate in a numerate discipline

• Comprehensive forecasting and analytical knowledge

• High level of accuracy and attention to detail

• Good knowledge of SAS and Excel

• Knowledge of Word, PowerPoint, Mainframe and UNIX

• Understanding of P&L and finance structure