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Trainee Modeller

Edinburgh, Midlothian
£30,000 to £35,000
Job Type
8 Sep 2022

Trainee Modeller- Edinburgh/Manchester/Milton Keynes

We are working with a successful, dynamic financial services client who is looking for a Trainee Modeller.

As the Senior Modelling Analyst, you will be a part of the Credit Risk Modelling team which manages the Bank's credit models for all lending products. These include application and behaviour scorecards as well as the IFRS9 provision models (PD, EAD and LGD models). Application / behaviour scorecards are used for credit assessment at point of application and throughout the account lifecycle (fraud at point of application, account management and collections and recoveries).

Responsibilities Support the modelling team by using strong technical skills such as SAS and SQL. Develop knowledge of credit risk statistical modelling with support from the team with a mixture of external and internal training. Undertaking ad-hoc data analysis and data mining to investigate specific areas of concern and provide information in an appropriate format for the audience. Liaise regularly with business areas to keep abreast of new business initiatives. Proactively highlight any potential modelling or scoring changes to management.

Requirements Highly numerate with a degree in a mathematical/statistical/engineering discipline. Understanding of the process used for the development of statistical/optimisation modelling solutions. Experienced and competent in the use of SAS and/or SQL. Knowledge of Python or R would be beneficial but not required. An aptitude to learn statistical techniques used for building credit risk models (e.g. regression, Decision Trees, Machine Learning, etc.). Knowledge of consumer lending products and markets. Ability to work accurately and to tight timescales. Sound verbal and written communication skills. Able to convey technical issues to non -technical colleagues. Good problem-solving skills.

If you are interested in this prestigious opportunity, please contact Rosina Borrelli.

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  • Job Reference: 707316220-2
  • Date Posted: 8 September 2022
  • Recruiter: Change Recruitment
    Change Recruitment
  • Location: Edinburgh, Midlothian
  • Salary: £30,000 to £35,000
  • Sector: Advert / Media / Entertainment
  • Job Type: Permanent