Full time
Information Technology
Telecommunications
Job Description
Requirements
You have a background in financial forecast modelling or execution
You have strong analytical skills and a track record of using these to deliver technical projects
You have a solid technical toolkit. SQL and Python are our desired coding languages but experience in SAS/R will be considered. A data visualisation tool (such as Streamlit or Looker) is a plus
You can convey problems and solutions using clear and simple language, both written and verbal (see Monzo's 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
What the job involves
Our Capital, Impairments & Forecasting team (CIF) sits at the intersection of our Borrowing and Finance collectives, responsible for developing, executing and managing the models used to calculate IFRS 9 ECL, and credit risk capital through the annual ICAAP
We work alongside our first line credit teams who design the products, decide who to lend to, set underwriting policy, identify customers who need help, manage the portfolio and report and measure credit risk
Within CIF, we are scaling up our Forecasting modelling and execution team to support the enhancement of modelling standards across Finance
The role holder will have the opportunity to lead a 'consultancy style' centre of excellence providing thought leadership on the methodological design and regulatory compliance assessment on all Financial forecasting models that feed the banks' budgeting and stress-testing activities
This will expand to hands on delivery of model developments, where appropriate
Strong data and analytical skills are a must, as is experience in financial modelling and coding (Python and SQL preferred)
Experience working in regulatory stress testing exercises (such as ICAAP or EBA Stress-testing) is highly desirable but not essential
We rely heavily on the following tools and technologies (note we do not expect applicants to have prior experience of all them):
Google Cloud Platform for all of our analytics infrastructure
Dbt and BigQuery SQL for our data modelling and warehousing
Python for data science and predictive modelling and data visualisation (via streamlit)
Anaplan for model implementation
Github for version control
Assist with continuous improvement of forecasting models via individual delivery or through others
Development of best practices for financial modelling across Monzo
Presenting forecast model results to senior management
Close collaboration with portfolio strategy, model validation, finance and external audit teams