Credit Risk Modelling Manager - Atom Bank : Job Details

We’re Atom…

The bank that's leading the fintech charge!

We’re not like the rest. We’re true innovators, and we’re redefining what a bank should be. Ours is a bank for today and the future, a mobile-first bank. Forget the stuffy branches, with Atom you can bank whenever, wherever, faster, and simpler.

Could you be the next innovator to join us?

What will your typical day look like? Different that’s for sure…

Atom bank is on a mission to secure an A-IRB waiver, revolutionising how we manage credit risk and define our capital requirements. As a Credit Risk Modelling Manager, you'll play a pivotal role in this journey, driving the next generation of our credit risk regulatory models. This is your chance to lead, innovate, and make a significant impact on our core financial resilience.

Lined into the Chief Credit Officer - Modelling, you'll be a key figure in our IRB Project & Modelling team. This role is remote first with monthly visits to our Newcastle office for 1-2 days.

What you'll be doing:

Lead Model Delivery: Drive the development, implementation, and management of critical credit risk regulatory models (PD, EAD, LGD for A-IRB, and IFRS9), ensuring timely delivery and strategic impact.

Expert Calibration & Improvement: Take charge of calibrating and realigning models, and continuously enhance our development, monitoring, and validation methodologies.

Regulatory Assurance: Ensure all models meet stringent external regulations (especially CRR for A-IRB) and internal policies, collaborating closely with the Independent Model Validation team.

Team Leadership: Lead, coach, and mentor a talented team of modellers, fostering their growth in technical and regulatory compliance matters.

Strategic Communication: Present complex model developments, changes, and monitoring results to senior stakeholders, including at the Model Risk Committee.

Data Mastery: Leverage your extensive experience in data manipulation and mining to extract powerful insights for model development.

What do we need from you?

• In-depth knowledge and practical experience in developing PD, EAD, and LGD models for IRB, as well as IFRS9 models across various lending portfolios.
• Hands-on experience developing linear and logistic regression models using SAS, R, Python, or similar tools.
• Experience managing and coaching a team of analysts, modellers, or data scientists.
• Strong knowledge of CRR with respect to A-IRB and credit risk models, including best practices for their development and maintenance.
• Awareness of advanced supervised machine learning techniques (e.g., decision trees, random forests).
• Ability to present complex analysis clearly and persuasively to diverse audiences.
• Excellent ability to manage and prioritise complex modelling projects.

What you’ll get from us?

• Flexible hybrid & remote working.
• 4-day work week
• Incredibly generous company pension scheme (maximum of 13% of Atom input - you can put in more)
• 'All About Me’ fund: £200 per year to spend on personal development.
• 22.5 days annual leave plus public holidays
• Private Medical Insurance, Health Cash Plan & Life Insurance
• Electric Vehicle Scheme