Risk Modelling Analyst
4 days ago
We are seeking an experienced Risk Modelling Analyst to join our team at Lloyds Bank plc. As a key member of our audit function, you will play a critical role in delivering high-quality risk and control assurance activities.
Key Responsibilities:
- Support the delivery of audits and lead evaluations of controls, applying proficient knowledge of audit methodology and assigned business/risk area.
- Assist in the development of risk models and conduct research using primary data sources to identify key trends and themes.
- Collaborate with internal customers to ensure their needs are met and help senior colleagues manage client relationships.
- Identify shortcomings in current compliance processes, systems, and procedures and suggest improvements within assigned units and disciplines.
- Deliver prescribed outcomes by working as directed within established data management systems and procedures.
Requirements:
- Degree-level qualifications in a relevant field such as mathematics, statistics, or computer science.
- Practical experience developing, using, or monitoring models measuring credit, market, or actuarial risks.
- Knowledge of regulatory capital requirements in insurance or banking and effective model risk management and governance.
- The ability to deliver risk and control assurance activity that is timely, impactful, insightful, and valued by stakeholders.
- Experience using statistical analysis and qualitative techniques to validate models.
Benefits:
- A generous pension contribution of up to 15%.
- An annual bonus award, subject to Group performance.
- Share schemes including free shares.
- Benefits tailored to your lifestyle, such as discounted shopping.
- 28 days' holiday, with bank holidays on top.
- A range of wellbeing initiatives and generous parental leave policies.
What We Offer:
We offer a competitive salary ranging from £45,954 to £51,060 per annum, depending on location and experience. This figure is based on our latest data and may be subject to change.
Lloyds Bank plc is committed to creating a values-led culture and building a workforce that reflects the diversity of our customers and communities. If you're passionate about making a difference and have a growth mindset, we'd love to hear from you.
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