Credit Risk Model Monitoring Manager

Join Tesco Bank as a Credit Risk Model Monitoring Manager, leading a team responsible for the ongoing monitoring, governance and performance oversight of Credit Risk models across our lending portfolios.

This is a people leadership role managing a team of specialists focused on the "run" activities associated with Credit Risk models. The team is responsible for model monitoring, performance analysis, governance and model-related analytics, ensuring models remain effective, compliant and fit for purpose throughout their lifecycle.

• Proven experience leading and developing teams within a Credit Risk modelling, model monitoring or model risk environment.
• Strong understanding of Credit Risk models and their application within retail lending portfolios.
• Experience of model monitoring, model governance and model lifecycle management.
• Strong analytical and data skills, including SAS, SQL, Python or similar tools.
• Excellent stakeholder management and communication skills.
• Knowledge of model risk management frameworks and regulatory expectations.

• Experience presenting model performance and risk insights to senior stakeholders and governance forums.
• Experience driving process improvements, controls or transformation initiatives.
• Understanding of the Tesco Bank operating environment.

You will be assessed on leadership, risk and controls, stakeholder management, strategic thinking and job-specific technical expertise.

Location:

Edinburgh

To safeguard the financial health of the bank by identifying, analysing, and mitigating potential credit risks associated with lending activities.

• Analysis of financial data, including income, assets, liabilities, credit history, and economic trends, to determine the risk of default.
• Monitoring of existing loan portfolios to identify potential credit deterioration or early warning signs of default.
• Recommendation of loan approvals, rejections, or adjustments based on risk evaluation and bank lending policies.
• Development and implementation of credit risk mitigation strategies, including collateral management, loan restructuring, and workout plans.