Impairment Modelling Lead

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices. We are looking for a talented and passionate Impairment Lead to join our Credit Risk Modelling Team. Our team plays a critical role in developing and maintaining credit risk models across Starling. As Impairment Modelling Lead, you will be responsible for:Owning the end to end development, execution and maintenance of IFRS 9 models.Working closely with stakeholders to ensure that model developments meet business requirements.Producing detailed model documentation, including methodology, assumptions, and limitations.Monitoring model performance and conducting regular reviews to ensure accuracy and stability.Collaborating with model validation teams to address any findings and ensure models are robust.RequirementsIdeally a minimum 5-10 years’ experience in developing impairment models.Strong experience in team leadership roles. Proficient in the use of analytical tools, specifically Python. Graduate level education preferable, ideally in a numerical degree (or an equivalent work experience).A proven ability to interpret and comply with regulatory requirements.Proven experience in influencing, negotiation and relationship management.Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.Strong problem-solving skills and attention to detail.Excellent communication and teamwork abilities.Benefits 25 days holiday (plus take your public holiday allowance whenever works best for you) An extra day’s holiday for your birthday Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off 16 hours paid volunteering time a year Salary sacrifice, company enhanced pension scheme Life insurance at 4x your salary Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton Generous family-friendly policies Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships About UsYou may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices.

We are looking for a talented and passionate Impairment Lead to join our Credit Risk Modelling Team. Our team plays a critical role in developing and maintaining credit risk models across Starling.

As Impairment Modelling Lead, you will be responsible for:

• Owning the end to end development, execution and maintenance of IFRS 9 models.
• Working closely with stakeholders to ensure that model developments meet business requirements.
• Producing detailed model documentation, including methodology, assumptions, and limitations.
• Monitoring model performance and conducting regular reviews to ensure accuracy and stability.
• Collaborating with model validation teams to address any findings and ensure models are robust.

Requirements

• Ideally a minimum 5-10 years’ experience in developing impairment models.
• Strong experience in team leadership roles.
• Proficient in the use of analytical tools, specifically Python.
• Graduate level education preferable, ideally in a numerical degree (or an equivalent work experience).
• A proven ability to interpret and comply with regulatory requirements.
• Proven experience in influencing, negotiation and relationship management.
• Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.
• Strong problem-solving skills and attention to detail.
• Excellent communication and teamwork abilities.

Benefits

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.

Join our teamWe’re on a mission to radically reshape banking – and that starts with our brilliant team. We know that our bank is only as good as the people who build it. From customer support and engineering to marketing and business development, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.What to expectCreativity and collaborationWe’re growing fast – and no two days here at Starling are quite the same. We care about getting stuff done, not process, and our culture is decidedly entrepreneurial in spirit (you’ll be encouraged to pitch your ideas, however big or bold!). It’s a fast-paced, exciting and creative place to work where there’s plenty of collaboration and ownership of your own projects.Great techAs you’d expect from a technology company, we’ll make sure you have all the tools you need to get your job done – and that they’re the very best in the business. We work on MacBooks and you’ll receive anything else you might need on request.An open approachLots of companies talk about transparency – but it’s something we really care about. We communicate and collaborate through Slack, including a channel dedicated to updates from the leadership team.But wait... there’s moreIt’s important to us there’s more to life here than just work, so get to know your colleagues at socials, cheese & wine nights or learning lunches. Enjoy fresh fruit and coffee every day, free breakfasts and Perkbox, through which we offer the Cycle to Work scheme and salary-sacrificed gym memberships. We also offer private health insurance for all employees.We offer 33 days holiday (including public hols), plus an extra day on your birthday; you also get 16 hours of paid leave a year to do voluntary work.Ready to come on board?Browse our current openings below.

Join our team

We’re on a mission to radically reshape banking – and that starts with our brilliant team. We know that our bank is only as good as the people who build it. From customer support and engineering to marketing and business development, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

What to expect

Creativity and collaboration

We’re growing fast – and no two days here at Starling are quite the same. We care about getting stuff done, not process, and our culture is decidedly entrepreneurial in spirit (you’ll be encouraged to pitch your ideas, however big or bold!). It’s a fast-paced, exciting and creative place to work where there’s plenty of collaboration and ownership of your own projects.

Great tech

As you’d expect from a technology company, we’ll make sure you have all the tools you need to get your job done – and that they’re the very best in the business. We work on MacBooks and you’ll receive anything else you might need on request.

An open approach

Lots of companies talk about transparency – but it’s something we really care about. We communicate and collaborate through Slack, including a channel dedicated to updates from the leadership team.

But wait... there’s more

It’s important to us there’s more to life here than just work, so get to know your colleagues at socials, cheese & wine nights or learning lunches. Enjoy fresh fruit and coffee every day, free breakfasts and Perkbox, through which we offer the Cycle to Work scheme and salary-sacrificed gym memberships. We also offer private health insurance for all employees.

We offer 33 days holiday (including public hols), plus an extra day on your birthday; you also get 16 hours of paid leave a year to do voluntary work.

Ready to come on board?

Browse our current openings below.