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Credit Risk Provisioning Specialist

Permanent

Edinburgh (Flexible working available)

Excellent Salary & Benefits

What we’ll offer

An exciting opportunity has arisen for a Credit Risk Provisioning Specialist (internal title Provisions Oversight Specialist), who will be responsible for managing the IFRS 9 provisioning methodology for Tesco Bank, you will be key in understanding and improving the efficiency of the bad debt provision calculation, driving forward the necessary changes to optimise the accuracy of the solution and communicating to senior stakeholders the outputs and movements necessary for strategic decision making.

A role with us will have its challenges, demanding a variety of skills and a strong personality – but will offer the rewards to match. We’re here to go the extra mile for our customers, and we’ll be here for you too – ensuring you can build on your abilities and forge a career of achievement.

What you’ll bring

We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us at Tesco Bank.

Key Responsibilities

• Coach & Support junior member of the team & deputise for the senior managers where necessary.
• Lead the redevelopment of key inputs, models and assumptions underpinning the provisioning methodology to optimise the balance between accuracy, volatility, and transparency.
• Provide the necessary analytics to explain the monthly trends in the provisioning movements to aid business decisioning.
• Building strong relationships with key stakeholders and supporting all business areas to achieve overall business objectives.
• Provide ad hoc analysis on a variety of topics to influence strategic decision making with the ability to simplify the message depending on the audience.
• Identify opportunities to improve the provisions process with a focus on framework & controls.
• Support the delivery of half year and year end external audit requirements associated with our provisioning methodology.
• Feed into the requirements of the provisioning adequacy framework to ensure compliance and accuracy of our overall solution.

Skills/Knowledge:

• Analytical & numeracy background.
• Technical knowledge and understanding of Credit Risk Modelling.
• SAS or SQL experience is essential.
• Practical experience of communicating at all levels.
• IFRS9 knowledge and experience.

• #LI-NT1

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!

It’s important to us that we make sure you’re supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself. The people make Tesco Bank, and we take pride in what we achieve together.

All that hard work? Come and see it turned into something real, usable, and important to customers’ and colleagues’ everyday lives. At Tesco Bank, our products make things a little better for everyone.