Senior Provisioning and Forecasting Modeller, Borrowing

Development, implementation and maintenance of Stress Testing and Forecasting models
Participate in business critical processes such as ICAAP and Budgeting, including presenting results to 2LOD, senior management and Execs
Develop the next generation of performance tracking and analytics toolbox. These would include short horizon forecasting, root cause analysis, ECL decomposition, SICR efficiency.
Develop and maintain economic-response models for scenario simulation and impairment
Actively involved in our monthly provisions process, and delivering outcomes to Monzos senior team (including our Head of Borrowing, CFO and CRO). These activities will include preparing analysis; proposing model adjustments / calibrations; discussing emerging regulatory changes and best practices (SS1/23; Dear CFO letter); presenting materials to the monthly impairment council.
Review and challenge a wider range of modelling solutions across the Borrowing collective (including IFRS 9, NPV, pricing etc.)
Close collaboration with portfolio strategy, model validation, finance and external audit teams, This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London)
We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team.
1,000 learning budget each year to use on books, training courses and conferences.
We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.
Plus lots more! Read our full list of benefits.
Our interview process involves 4 main stages

You have a strong background in IFRS9 impairments and stress testing
You have extensive experience in developing, validating or monitoring Credit Models (impairment, stress testing, forecasting)
You have strong analytical skills and a track record of using these to deliver technical projects
You have a solid technical toolkit. SQL and either Python or R is a must-have, a data visualisation tool (such as Tableau, PowerBI, Looker) is a plus
You can convey problems and solutions using clear and simple language, both written and verbal (see Monzos tone of voice guide). This is particularly important for communicating complex issues and priorities to non-experts
You're impact driven and eager to have a real positive impact on the company, our products, our users and your team-mates
You have a self-starter mindset; you proactively identify issues and opportunities and tackle them without being told to do so
You're a team player whom your colleagues can rely on

Cardiff, London or Remote (UK)

Were on a mission to make money work for everyone.
Were waving goodbye to the complicated and confusing ways of traditional banking.
With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!
Were not about selling products - we want to solve problems and change lives through Monzo
Hear from our team about what it's like working at Monzo

Cardiff, London or Remote (UK) | 69,000 - 95,000 + Benefits | Technology - Credit & Data
Monzos Borrowing Credit & Data team
Our Borrowing Credit & Data team is the largest and most diverse team within Monzos Data Discipline, and is also one of the largest parts of the Borrowing Collective. This team sits at the core of our lending business. We design products, decide who to lend to, set underwriting policy, track the volume of new originations, identify customers who need help, manage the portfolio, measure risk and compute the core metrics required both for Monzos senior management and for our external financial reporting. We set prices, build predictive models, run experiments, build dashboards, enhance data pipelines and manage Monzos credit risk.
Our Data team's mission is to Enable Monzo to Make Better Decisions, Faster
We are scaling up our Capital, Impairment and Forecasting modelling team to support the rapid growth and evolution of our portfolio. This role is pivotal for the team as the successful candidate will build up our forecasting capabilities and tools and will have significant exposure to critical business processes such as budgeting & ICAAP. Additionally the successful individual will lead the development and integration of the next generation of analytical dashboards, ECL decomposition and will have regular interaction with the senior management.
Youll play a key role by...