Risk Modelling Manager
4 weeks ago
Join NatWest as a key member of our Risk Modelling team, where you will be responsible for leading the development and maintenance of quantitative models used in our risk frameworks.
About the Role
As a Risk Modelling Manager, you will be integral in the design, development, and maintenance of effective and compliant statistical risk and decision-support models and related analytics. You will lead a team of highly technically skilled analysts and model developers, ensuring their ongoing coaching and development.
Key Responsibilities
- Provide business and other stakeholders with advice and support on model use, model impact, and model implementation
- Support regulatory engagement and internal governance in relation to risk models and model frameworks
- Support the business through developing and maintaining risk and decision-support models
- Provide actionable MI on all aspects of model performance
- Assist your team manager with setting objectives for analytical resource and assessing performance
Requirements
We are looking for someone with experience of working in a modelling function or a related quantitative function, part of which is from a retail or wholesale banking environment. You will also be qualified to degree level in a numerate discipline with a background in data-driven analysis and statistical or mathematical modelling.
To be successful in this role, you will also need:
- Experience of the development and practical application of risk models, including scoring and model monitoring
- Extensive banking and financial services experience
- A broad background of risk systems, methodologies, and processes in a retail or wholesale bank environment
- Strong project management skills and the ability to work well as part of a team, sharing ideas and learning from others
- The ability to translate complex and statistical techniques into simple, easily understood concepts
- Excellent problem-solving skills and the ability to identify alternative solutions
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