Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.
Join our dynamic team as a Credit Risk Modelling Specialist! In this role, you will be instrumental in developing and refining credit risk parameters while collaborating with colleagues to enhance credit risk models for both retail and non-retail portfolios.
Key responsibilities
- Develop and improve IRB credit risk parameters (PD, LGD, EAD) and manage the lifecycle of models, including scoping and governance approval.
- Conduct annual reviews of models to ensure accuracy and reliability, while researching best practices for quantifying credit risk in line with UK PRA's Basel 3.1 IRB standards.
- Collaborate with various teams to ensure effective use of models within Investec's credit risk framework.
Core skills and knowledge
- Bachelor's or Master's degree in a quantitative field (e.g., Maths, Physics, Engineering, Economics) with strong academic performance.
- Practical experience in developing PD and LGD models within IRB regulatory frameworks, along with proficiency in SQL or Python.
- Strong analytical abilities and effective communication skills for creating high-quality documentation.
Are you ready to thrive in a collaborative environment where contributions are valued? Are you passionate about credit risk modelling and eager to learn more about the regulatory landscape? If this sounds like you, we invite you to apply and become part of our innovative team.
As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.
What we offer
Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.
Here is a selection of what we offer;
Wellbeing
Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance
Monetary
Non-contributory Pension & Discretionary Bonus
Life income protection
Life Assurance, Critical Illness & Income Protection
Travel
Season Ticket Loan & Electric Vehicle Scheme
Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.
Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!
