Risk Model Analyst

3 days ago


Manchester, United Kingdom The Co-operative Bank Full time
Join Our Team as a Senior Risk Analyst

We're a bank that's built on co-operative values, and we're looking for a talented Senior Risk Analyst to join our team. As a Senior Risk Analyst, you'll play a key role in ensuring that our bank complies with Model Risk internal governance requirements and that all new models and model changes are independently reviewed.

About the Role

This is a challenging and rewarding role that involves working with our Model Validation team to develop and maintain our risk models. You'll be responsible for analyzing and discussing monitoring and other reports to support decision-making regarding model risks across the bank. You'll also advise our model users on model risk-related issues and support the independent model validation manager in the production of key documents for relevant committees across the bank.

Key Responsibilities
  • Analyze and discuss monitoring and other reports to support decision-making regarding model risks across the bank.
  • Advise our model users on model risk-related issues.
  • Support the independent model validation manager in the production of key documents for relevant committees across the bank.
  • Develop and maintain our risk models, ensuring that they are accurate and effective.
Requirements

To be successful in this role, you'll need to have a strong background in risk modeling and analysis, as well as excellent communication and interpersonal skills. You'll also need to be proficient in the use of SAS statistical software and have experience of developing or validating retail or corporate credit risk models.

What We Offer

We offer a competitive salary and benefits package, including a generous annual bonus scheme, 27 days' holiday rising to 30 with service, and a competitive pension with up to 10% employer contribution. We also offer flexible and home working, as well as a range of other benefits, including income protection, life assurance, and wellbeing support.

We're a bank that's committed to inclusion and diversity, and we're proud to be a reputable employer regulated by the Financial Conduct Authority. All offers of employment for this role are subject to a series of background checks, including criminal (DBS) and financial checks.


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