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Job Title


Senior Credit Risk Manager Credit Forecasting & Stress Testing - 12 month FTC


Company : Coventry Building Society


Location : Coventry, England


Created : 2025-06-22


Job Type : Full Time


Job Description

About the roleWe have a great opportunity in our Forecasting & Stress Testing team. This team plays an important role in running models that predict credit risks and test how the business would handle tough situations. The results help guide our long-term plans and decision-making. What makes thisfixed term opportunityeven more exciting is where the business is right now.Were in a major integration phase following our acquisition of The Co-operative Bank. As part of this, were upgrading and enhancing all our forecasting and stress testing modelsmaking this a great time to join and help shape the future of our capabilities.This role will play a leading part in developing and implementing models that project Credit Risk RWAs, arrears, and impairments. Youll work closely with teams across Risk, Finance, Treasury, and Product, building strong relationships and collaborating to deliver high-quality insights. Youll also present your findings to senior management and the Group Executive, helping shape strategic decisions at the highest level.Key Responsibilities:Production of outputs, detailed analysis and accompanying narrative for key deliverables Continuous improvement and enhancement of the forecasting and stress testing modelsproviding model design thought leadership. Producing of updates and analysis for key committees and presenting updates Addressing actions and recommendations raised by internal functions Providing thought leadership to guide the strategic direction of the development forecasting model suite that covers a wide range of portfolios e.g. mortgages, cards, SME Providing technical direction to the team This is a unique opportunity for someone who thrives on technical challenges and wants to play a key role in shaping the future of credit risk modelling in a growing, evolving organisationOur benefits include:28 days holiday a yearplus bank holidays and a holiday buy/sell scheme Annual discretionary bonus scheme Personal pension with matched contributions Life assurance (6 times annual salary) Well support your physical and mental health with paid sick leave Wellbeing Hours - Time for You. request up to 14 hours paid time off each year Find out more about the fantastic benefits of joining Coventry Building Societyhere. We reserve the right toclosethis advertearlyif we receive ahigh volumeof suitable applicationsAbout you To succeed in this role, youll need:Strong hands-on experience in developing and executing forecasting and stress testing models Deep knowledge of:Stress testing and forecasting model development Regulatory credit risk capital (Standardised and IRB approaches) IFRS 9 expected credit loss standards Regulatory reporting for capital, impairments, and stress testing Credit model monitoring and performance analysisProficiency in statistical techniques and data mining Advanced skills in SAS (for data sourcing and model development) and SQL Advanced Excel skills for analysis and reporting Desirable experience will be:Knowledge of balance sheet forecasting software e.g. QRM would also be an advantage. About us Were one of the largest building societies in the UK and we share a mutual goal across our branches and our offices to improve the lives of others. Were officially recognised as a Great Place to Work and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.At the beginning of the year, The Co-operative Bank officially became part of our Group. Together, we have shared values and an ethical approach towards our members, customers, and colleagues. Were serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know youll build more than just a career with us. All together, better. Flexibility and why it matters We understand the need for flexibility, so wherever possible, well consider alternative working patterns.Have a chat with us before you apply to see what the possibilities are for this role. Proud to be a Disability Confident Committed Employer Were proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria. If you would like to opt in to the scheme, please contact our recruitment team when you apply viaGet in touch - Coventry Building Society (coventrycareers.co.uk)TPBN1_UKTJ