RRemoteville
Virgin Money logoVirgin Money

Senior Technical Specialist

Skills
Analytical SkillsContinuous Process ImprovementCredit Risk ManagementMicrosoft OfficeRisk MetricsSASStatistical Analysis
Role

What the job involves

The main requirements, responsibilities and hiring steps.

Requirements

  • Superb analytical skills and ability to solve complex problems
  • Proficient in the use of statistical analysis software SAS (or equivalent)
  • An inquisitive nature to spot trends or underlying observations and ability to articulate to various audiences while reviewing stress testing outputs including proactively assessing materiality of the observation made
  • The ability to implement with speed and efficiency as well as driving process improvements with previous experience of managing change to ensure smooth transition from old to new processes
  • Knowledge of Credit Risk, particularly an understanding of Credit Risk Metrics such as PD/LGD/EAD
  • Professional experience in the MS Office suite

Nice to have

  • Experience in a Credit Stress Testing environment with proven exposure to processing stress and scenario outputs
  • Familiarity with macroeconomic time series models, knowledge of the macroeconomy and potential impact on credit portfolio performance

Day to day

  • Supporting management in the production of stress testing outputs, insights and associated documentation and proactively investigating/exploring trends or observations which may be of interest
  • Engaging with stakeholders, reviewing, and interpreting credit stress test forecasts of credit RWA, ELs and impairments
  • Independently recommend and implement changes and enhancements to the SAS based Credit Stress Testing Engines and associated analytical tools and Excel interfaces, with evidenced assurance of implementation and controls
  • Supporting integration of any future data infrastructure changes to ensure data used in Credit Stress Testing is fit for purpose
  • Taking the lead in continually driving improvements in existing processes to promote simplification and automation, reducing operational risk and enabling a better outcome for our customers
  • Ensuring that any changes to processes/code are clearly documented to a high standard enabling others to understand and execute tasks independently
  • Maintaining an effective version control process, adequate for a high volume of complex change
  • Ensuring continued credit stress testing data consistency with internal and external reporting

Hiring process

  • Apply as soon as you can
  • Applications Close: 12 Aug 2024 (11.55pm BST)