Credit Risk Model Monitoring Manager

Overview

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 focused on model monitoring activities to ensure models remain effective, compliant and fit for purpose throughout their lifecycle.

Responsibilities

• Lead a team of specialists responsible for run activities related to Credit Risk models, including monitoring, governance, and analytics.
• Ensure models are validated, perform as intended, and comply with regulatory and internal governance requirements.
• Monitor model performance and risk metrics; identify deviations, and implement improvements or corrective actions.
• Collaborate with stakeholders to translate model results into actionable insights for governance forums and decision makers.
• Maintain documentation and evidence of model development, monitoring, and control activities in line with risk management policies.

Qualifications

• 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 or transformation initiatives; understanding of the Tesco Bank operating environment.

Location

Edinburgh