Jonathan Cheers
Senior Credit Risk Modelling Manager @HSBC
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WORK HISTORY
Senior Credit Risk Modelling Manager @HSBC
London, GB
During 2024, I have continued to grow within my role, deepening my understanding of business banking and the models we use in this space, taking on people management responsibility again and delivering multiple projects for the team including: • Deployed two application scores across 3 channels/decision systems for use on HSBC UK Small Business Banking Applications. o Wrote the implementation plan and completed the UAT and PIT to demonstrate these models had been deployed correctly. o These models have resulted in a significant improvement in the automation (accept/reject rates) and reduction in the referral rates since go live.• Led a model development project on large relationship managed businesses in the UK from high level design through to deployment. This model is now live in automated assisted decisioning of renewal applications and will provide the following annual business benefits:o Increase current levels of automated (15% increase)/ assisted decisions (19% increase) by 18% overall and reduction in FTE (1-2 people)• Led a bureau data demise piece of work, assessed the impacts to our live model landscape and remediated our live models so they are compliant with new FCA Consumer Duty regulation. • Led the new model risk policy work for the team on the back of the new SS123 PRA regulation which essentially requires us to further enhance our model risk controls.• Completed the redevelopment of 3 behaviour scores for use with acquisition and account management strategies on the HSBC UK Small Business Banking Portfolio.• Provided thought leadership on the creation of 3 new model monitoring dashboards and reviewed the model monitoring performance, when these models have gone live.• Led the analytics of new external data from multiple credit reference agencies to see if this data can enhance automated credit decisioning through our models and credit risk strategies.
EDUCATION
The University of Sheffield
BSc Economics with Econometrics with Employment Experience
Chartered Institute of Credit Management
Credit Management
The University of Sheffield
MSc Financial Economics
SKILLS
ABOUT JONATHAN CHEERS
I am an enthusiastic and hardworking Senior Credit Risk Modelling Manager. My experience to date has given me a strong understanding of models (both traditional and machine learning) and strategies which sit behind the decisions of the credit life cycle for both retail and business banking customers. I\'ve also had exposure to Basel (PD, EAD and LGD) models which feed Risk Weighted Asset (RWA) calculations and IFRS9 models which are used to calculate Impairment/Expected Credit Loss (ECL).
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