Risk Model Analyst

5 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
Requirements

To be successful in this role, you'll need to have a minimum of basic SAS programming and coding abilities, as well as a desire to develop under a strong experienced Model Validation team. You'll also need to be proficient in the use of SAS statistical software and have knowledge of complex Excel functions. Experience of developing or validating retail or corporate credit risk models is required, and experience of IFRS9 modelling or models used for Concentration Risk/Operational Risk/Finance/Liquidity Management is an advantage.

What We Offer

We offer a competitive salary and benefits package, including an annual bonus scheme, 27 days holiday rising to 30 with service, and a competitive pension with up to 10% employer contribution. We also offer income protection/life assurance, wellbeing support, and a range of other benefits to support your health and wellbeing.

Why Join Us?

We're a bank that's committed to making a positive impact on society, and we're looking for talented individuals who share our values. As a Senior Risk Analyst, you'll have the opportunity to work with a talented team of professionals who are passionate about making a difference. You'll also have the opportunity to develop your skills and knowledge in a dynamic and supportive environment.


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