Credit Risk Manager (Credit Risk Strategies and Credit Model Oversight)

What is the opportunity

The role holder will work with a team of technical specialists whose subject matter expertise covers Retail Credit, Commercial Credit, Vehicle Asset Finance, Credit Modelling, Credit Management Information/Insights, Portfolio segmentation and forecasting. The role holder will support the Senior Manager by overseeing and leading the work of the team's analysts. The team will carry out technical testing of 1st Line activities concerning credit model integrity; credit origination strategies (including use of pre bureau strategies, scorecards, affordability models, and customer segmentation techniques); reporting and forecasting of Credit MI; portfolio segmentation and associated customer management strategies deployed through the use of models; and impact assessments of new and emerging credit strategies that support the Bank's growth agenda. The team will also have responsibility for the oversight of development, and monitoring of IFRS9 models for the UK. This will include assurance over data lineage.

In this role you will:

• Oversee and lead a team of analysts responsible for 2nd Line Credit Risk Strategies & Models Oversight;
• Build effective relationships with 1st Line and Group Risk colleagues to ensure that the credit models and strategies deployed in BOI UK are aligned with best practice and regulatory expectations. This must include Consumer Duty as well as broader prudential regulatory requirements;
• Provision of assurance over the development, integrity, monitoring and potential remedial measures concerning credit risk models, including the UK's IFRS9 models;
• Provision of assurance over the monitoring and potential remedial measures concerning the UK Business Banking BIPs model and other associated commercial lending models;
• To operate and maintain a framework that will enable the 2nd Line to have confidence that the data lineage for IFRS9 and the broader credit risk management data used within the 1st Line is robust;
• To identify, evaluate and communicate key emerging and forecast credit risk trends. This will involve periodic testing of the credit MI produced by the 1st Line to ensure it is accurate and will also involve making the use of portfolio forecasting and segmentation techniques.
• The role holder will also support the authorship and presentation of 2nd Line oversight and challenge papers in response to 1st Line proposals.

What will make you stand out?

Experience of Retail, Asset Finance and Commercial credit risk management across all stages of the customer life-cycle;

A comprehensive understanding of data and modelling requirements for credit risk management - including but not limited to operational scorecards, behavioural models, portfolio forecasting, stress testing and IFRS9 Expected Credit Loss;

Proficient in the use of SAS software including Enterprise Guide and Enterprise Miner; SQL; and Microsoft Excel at an advanced level;

Regression techniques (Linear, Logistic and Stepwise), Model validation approaches and Performance monitoring;

A thorough understanding of the internal and external data types that are used for credit risk modelling, credit strategies and portfolio management;

Team leadership/people management experience

Excellent communication skills. The role holder must be able to explain very technical analytic matters in plain English;

Report writing skills.

Essential Qualifications

There are no minimum educational requirements for this role.

More about the team

The role holder will be able to demonstrate experience in 1st and/or 2nd Line roles that have involved the development, deployment and/or oversight of credit risk models and associated strategies for new loan origination and portfolio management. This must involve hands on experience of building credit models and resolving associated strategies for their use.

As the 2nd Line expert they must have the analytic capability to test, opine upon and constructively challenge 1st Line colleagues on their development, deployment and monitoring of credit risk models and supporting strategies. They will oversee and challenge 1st Line analytic teams to ensure that the credit risk strategies deliver the right outcomes for customers and the Bank.

Why work with us

The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!

Key Competencies

• Manage Risk - People Manager
• Customer Focused - People Manager
• Agile - People Manager
• Accountable - People Manager
• One Group, one team - People Manager

We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email. Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

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