Risk Modelling Manager

Location

United Kingdom | United States

Job description

Req ID: 267871

NTT DATA Services strives to hire exceptional, innovative and passionate individuals who want to grow with us. If you want to be part of an inclusive, adaptable, and forward-thinking organization, apply now.

External Job title: Risk Modelling Manager
Internal Job title: Industry Consulting Manager – Risk Modelling 
Team: Consulting 

Location: United Kingdom, remote
Competitive Salary

Applications open from 29 January 2024
Closing date: 29 February 2024 

Role Overview

We are seeking a dynamic Risk Modeling Manager for our Consulting Team to develop and maintain Internal Ratings-Based (IRB) models for diverse portfolios, including Consumer SME, Retail SME, Investment Property, and UK Corporate. The role offers a unique opportunity for an experienced professional to contribute to the forefront of risk modeling and collaborate with stakeholders across various business units within our Consulting Team.

Responsibilities
•    Lead the development and maintenance of IRB models for specified portfolios. 
•    Prepare and analyse data for IRB model development, demonstrating expertise in data engineering, handling large volumes, and data remediation.
•    Develop models for Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD), ensuring accuracy and effectiveness. 
•    Understand and adhere to IRB regulations, including BA Guidelines and CB Guide to Internal Models (EGIM). 
•    Collaborate with stakeholders, including senior management, on technical and business matters related to IRB model development. 
•    Manage and mentor a team of risk modeling professionals to ensure successful execution of IRB model development initiatives. 
•    Measure and report on the effectiveness of IRB models, providing recommendations for optimization and improvement. 
•    Stay knowledgeable about industry and regulatory IRB model development trends, applying insights to drive innovation and competitive advantage. 

Essential Requirements
•    Bachelor's degree in a relevant field. 
•    Solid experience in risk modeling, with expertise in PD, LGD, and EAD modelling or equivalent.
•    Strong understanding of IRB regulations, BA Guidelines, and CB Guide to Internal Models (EGIM). 
•    Experience in managing and mentoring teams. 
•    Proven ability to collaborate with senior stakeholders. 

Desirable Requirements
•    Master's degree in a relevant field. 
•    Familiarity with emerging trends in IRB model development. 
•    Knowledge of additional languages. 

Benefits
Our people are the backbone of our success, and their health and wellbeing are our priority. You will enjoy a comprehensive, locally competitive benefits package. 

About NTT DATA Services

NTT DATA Services is a recognized leader in IT and business services, including cloud, data and applications, headquartered in Texas. As part of NTT DATA, a $30 billion trusted global innovator with a combined global reach of over 80 countries, we help clients transform through business and technology consulting, industry and digital solutions, applications development and management, managed edge-to-cloud infrastructure services, BPO, systems integration and global data centers. We are committed to our clients’ long-term success. Visit nttdata.com or LinkedIn to learn more.

NTT DATA Services is an equal opportunity employer and considers all applicants without regarding to race, color, religion, citizenship, national origin, ancestry, age, sex, sexual orientation, gender identity, genetic information, physical or mental disability, veteran or marital status, or any other characteristic protected by law. We are committed to creating a diverse and inclusive environment for all employees. If you need assistance or an accommodation due to a disability, please inform your recruiter so that we may connect you with the appropriate team.

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