Associate Director, Credit Validation

About the Role

This role offers the chance to rethink and enhance current modeling approaches, involving a diverse portfolio of projects such as IRB, IFRS9, and internal operational models. You will apply innovative validation methods as part of a supportive, collaborative team focused on high-impact work. Our organization prioritizes customer needs through close partnership and a customer-centric approach, driving innovation and long-lasting relationships.

Responsibilities

• Lead independent validation of IRB, IFRS9, and credit decisioning models.
• Evaluate the conceptual integrity of rating philosophies, data quality, calibrations, and performance tests across various economic cycles, including state of the cycle assessments.
• Manage validation of model performance throughout the credit life cycle, covering portfolio and segment-level outcomes and considering risk-weighted assets (RWA) overlays, expert judgment, and management adjustments.
• Provide credible challenges when results deviate from expectations and risk appetite.
• Ensure validation findings impact capital usage, RWA outcomes, credit decisioning frameworks, limitations, overlays, and monitoring.
• Collaborate with model owners to ensure effective remediation of issues.
• Serve as the line 2 technical authority on credit model validation matters.
• Support regulatory reviews, detailed analyses, and supervisory interactions related to IRB models.

Requirements

• Prior experience within banking or financial services in roles such as model development or validation, credit risk analysis, quantitative modeling, or governance.
• Strong statistical and economic modeling abilities, with essential proficiency in coding languages like Python and SAS.
• Excellent interpersonal and influencing skills to work effectively with diverse stakeholders, clearly communicate complex concepts, and drive outcomes.
• Understanding of model impacts on credit decisions, capital, provisioning, stress testing, and scenario analysis.
• Strong written communication aptitude capable of producing comprehensive validation reports supported by robust analysis and justifications.
• Openness to and leadership in adopting AI tools for credit validation processes.
• Robust strategic thinking, resilience, independence, and a strong customer-focused attitude.

Additional Information

We are committed to building a diverse and inclusive workplace where all colleagues feel valued and empowered to be their authentic selves. This culture supports fairer, more accessible banking experiences for our customers.

For recruitment process details, accessibility options, and alternative application methods, candidates are encouraged to contact the recruitment team via provided channels.

As part of our commitment to colleague wellbeing, we offer extensive benefits including enhanced leave options, wellbeing support programs, access to perks, and continuous career growth opportunities.

Application Notes

If you believe this opportunity matches your profile, please apply promptly as screening and interviews may happen before the closing date. Unsolicited applications from agencies will not be considered.