Job Title:

Retail Credit Risk Scoring Analyst

Job Purpose:

This position is responsible for developing models used in risk decisions, pricing, and provisioning for GRCB Western Europe Retail Credit Risk. The functional responsibilities span all Retail businesses in Spain, France, Italy, and Portugal. Three key areas include building models used in underwriting and portfolio management, Basel II capital requirements, and impairment provisioning.

Main purpose of the role is:
• Work with the country risk teams to develop and validate scorecards.
• Ensure models meet the needs of the business and follow best practices.
• Strategize and deploy across all GRCB Western Europe.
• Work with Group Risk to ensure compliance to all Group Risk policies.

Model Development and Validation (70%)
• Develop customer and portfolio level predictive models, documentation, and support implementation.
• Work with stakeholders across the business to understand issues and objectives of model building project and discuss potential solutions.
• Monitoring and Strategic Analytics will also be an integral part of the role with the purpose of ensuring the business becomes and remains an industry leader in its field. The successful candidate will be expected to provide Decision Science with a robust framework within which it can work.
• Actively work with Risk, Collection and Recovery teams to execute Decision Science and scorecard development projects. Perform analytics to support methodology and optimize impairment commensurate with portfolio risk.

Model Monitoring (20%)
• Regularly monitor the performance of risk scorecards or other predictive models. Recommend / initiate model redevelopment when required.
• Provide strategic assessment of BASEL II/ risk weighted capital needs. Work with the businesses on capital needs planning under BASEL II.
• Work closely with group to develop standards and ensure alignment on practices.
• Develop and coordinate data reporting requirements across the businesses within GRCB WE. Ensure timely reporting as required and all deliverables are met.
• Engage with regulators and auditors to ensure compliance and proper representation of our policies/ practices.
• Manage governance process and ensure compliance at the local and GRCB level.

Stakeholder and Senior Team Relationship Mgmt (10%)
• Develop strong working relationships across GRCB WE Risk mgmt, Group Risk and Finance to ensure alignment of priorities and to influence change/ improvement.
• Establish regular communication mechanisms to facilitate sharing of best practices, alignment of practices, implementation at pace, and allocation of tactical support as needed.

Technical Skills /Competencies:
• Risk Management Techniques
o Credit cycle management on consumer lending products
o Practical work experience with multiple segment of the credit cycle; as well as, the tools and application of statistical models in setting credit policies/ strategies
o Able to lead, develop and retain a team of project managers and analysts. Proactively keep their own specialist skills and knowledge at a leading edge standard in order to fulfil their role.
• Data Management- Expertise and experience with building data management infrastructures and associated analytical tools.
• Advanced Communication and Influencing Skills – Undertakes communication to senior management across a range of business areas to influence business direction and decision making. Able to influence across the organization and in a matrix management environment.
• Organizational Awareness – Ability to see the “whole picture” and recognize the impact and opportunities of activities across the organization.
• Taking Ownership - Self starter who naturally assumes ownership of initiatives.
• Advanced Project Management – Track record for delivering initiatives. Must have effective planning and prioritization skills.

Knowledge and Expertise

Essential:
• You will be responsible for maintaining the robustness and value of new and existing models.
• Strong knowledge and experience in multiple areas of the credit cycle relative to the function of Risk Management.
• Solid understanding of all aspects of consumer credit, loss drivers and profit and loss dynamics.
• Strong skills in analysis, data gathering and interpretation.
• Budgetary management.

Requirements specific to the role:

• Strong SAS skills.
• Excellent proven modeling background.
• Degree in a quantitative discipline.
• Knowledge of predictive modeling and score implementation and use.
• Experience in financial services or retail banking.
• Must have excellent verbal and written communication skills.

Preferred skills:
• Fluency in Spanish, French, Italian, and/or Portuguese is a plus.
• Basel II knowledge/experience.

Contact:

Gary Petruzzelli
Recruitment Relationship Manager
InSearch Worldwide Corporation
An Allegis Company
One Landmark Square
Stamford, CT 06901
Tel: 203-355-3048
petruzzelli@insearchworldwide.com
http://www.insearchworldwide.com

InSearch Worldwide Corporation, founded in 1991, is a premier talent acquisition firm specializing in the design and execution of customized search and selection programs that are tailored to meet the business objectives of our clients. We are committed to providing our clients with practical and creative solutions for the acquisition of human capital and have built our reputation by delivering on those commitments. We take great pride in the unique mechanisms we have developed to seek out and bring the most talented and motivated individuals to our client companies.

We're a member of Allegis Group, a privately held network of human capital services companies. Collectively, Allegis Group companies provide recruiting and staffing services, workforce management solutions, and a variety of other human capital management services to Fortune 1000 companies and many reputable regional and local companies across the nation.