Coventry Building Society
Senior Credit Risk Technical Specialist - Capital
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
About the role
The Senior Credit Risk Technical Specialist - Capital is a key technical role within Risk Modelling & Measurement, providing specialist expertise in credit risk capital, regulatory capital interpretation, and credit risk analytics. Working closely with other Risk areas, Finance, Treasury, and wider business functions, the role is key to translating complex regulatory requirements into clear internal specifications, processes, and calculation.
The role holder will support the Society's understanding and management of credit risk capital requirements across lending portfolios, including significant regulatory developments such as Basel 3.1. Acting as a recognised subject matter expert for credit risk capital, risk weighted assets (RWA), capital adequacy, and prudential regulation, the role will help shape lending strategy, portfolio management decisions, and future business opportunities.
Senior Credit Risk Technical Specialist - Capital will take ownership of end-to-end capital processing and analysis across lending portfolios, supporting the delivery of regulatory returns, RWA reporting, and capital insight. The role will help ensure regulatory requirements are effectively interpreted and embedded, while providing expert input into capital adequacy, CET1 performance, product development, and lending strategy. The role holder will also work closely with auditors, regulators, and senior governance committees to support robust decision-making and regulatory compliance.
Operating within a collaborative and people-focused team, the role holder will lead technical analysis, provide regulatory interpretation, support committee reporting, and influence senior stakeholders through evidence-based insight. We operate on a team-led hybrid approach with at least one day per week in either the Coventry or Manchester office.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Our benefits include:
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
- Annual discretionary bonus scheme
- Personal pension with matched contributions
- Life assurance (6 times annual salary)
- Private Medical Insurance
About You
You're an experienced Credit Risk Capital, Credit Risk Analytics, or Regulatory Risk professional who enjoys turning complex regulatory and technical requirements into clear business insight. You'll be confident influencing stakeholders, challenging thinking constructively, and helping shape lending and capital decisions through robust analysis and expert judgement.
For this role, you'll need to have:
- Strong experience in Credit Risk, Regulatory Capital, Prudential Risk, or Credit Risk Analytics within a financial services environment.
- Strong knowledge of regulatory capital frameworks, including Basel 3.1, and an understanding of Standardised and/or IRB approaches.
- Experience analysing and interpreting credit risk capital, RWA movements, and portfolio performance to support business decision-making.
- Knowledge of credit risk models and their practical application within lending, capital, or impairment environments.
- Proven ability to communicate complex technical analysis through reports, presentations, and recommendations to senior stakeholders.
- Strong stakeholder management skills, with the ability to collaborate across Risk, Finance, Treasury, and wider business functions.
Experience in these areas would be helpful:
- COREP reporting, Pillar 3 disclosures, or wider regulatory reporting requirements.
- IFRS 9, IRB models, or Post Model Adjustments (PMAs).
- SAS, SQL, Python, or other analytical and reporting tools.
- Engagement with auditors, regulators, or external consultants.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
About us
In 2025, Coventry Building Society purchased The Co-operative Bank. Bringing together our purpose-led building society with the UK's original ethical bank was the start of an exciting journey.
Trusted by over four million people, we are a mutually owned business free from shareholders, with shared values, a strong ethical approach, and a commitment to delivering positive outcomes for members, customers, and colleagues.
We are officially recognised as a Great Place to Work and are committed to creating an inclusive environment where everyone can thrive. We welcome applications from all backgrounds and will consider alternative working patterns wherever possible.
Flexibility and why it matters
We understand the need for flexibility, so wherever possible, we’ll 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 Employee
We’re 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.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills