Senior Manager Credit Risk Measurement

Senior Manager Credit Risk Measurement

We have the opportunity for someone to join our Credit Risk team at an exciting moment of transformation in our Risk division. We're investing significantly in our risk management capabilitiesexpanding our team and enhancing our strategic focus to support a bold growth agenda. As a mutual organisation, YBS offers a unique opportunity to make a meaningful impact in a values-driven, collaborative environment. This is your chance to be part of a business that’s not only a great place to work, but also committed to delivering real change.

About the Role

You will take ownership of YBS’s key credit risk measurement outputs, including IFRS 9 Expected Credit Losses (ECL), IRB Expected Losses (EL), and Risk Weighted Assets (RWA). You’ll ensure these outputs are accurate, insightful, and aligned with business needs, clearly communicating their impact to senior stakeholders, including Directors and Chief Officers.

You’ll be responsible for leading the development of YBS’s credit risk forecasting and stress testing capabilities, delivering strategic, forward-looking insights into the credit risk profile and performance of our lending portfolios with full interlock with downstream processes like Corporate Planning and ICAAP.

You will also own YBS’s application process for IRB status and ensure ongoing compliance with all requirements, ensuring key requirements such as the Use Test, data quality and regulatory compliance are understood and embedded across the breadth of YBS.

Additionally, you’ll lead on Climate Risk from a Credit Risk perspective to ensure that Climate Risk is appropriately embedded within all aspects of Credit Risk management and that a forward-looking strategy for upgrading YBS’s Climate Risk capability is in place and delivered against

About You

It is important that you have both strong technical knowledge of credit risk and experience of working in credit risk within Financial Services (in mortgages would be preferable).

We are looking for a strong people leader who can demonstrate when they have developed and lead teams.

You must also have good stakeholder management skills as you will be collaborating with and influencing colleagues across the business to drive best practice and deliver shared objectives.

About us

At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.

Flexibility We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you. We’re happy to talk flexible working and you can reach out to us anytime during the recruitment process to discuss this.

Development. We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.

Inclusivity. We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.

About our Benefits

We offer lots of fantastic rewards that you can make the most of in and out of work, including:

• Holiday. You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.

• Bonus. At YBS we work collaboratively and share in our success together, so when we reach our goals were all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).

• Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.

• Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.

• My Benefits. When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts,

Ready to apply?

If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.

Want more information?

If you have any questions about this role, please contact Jess Wilkinson on careers@ybs.co.uk