Senior Risk Analyst
3 days ago
Senior Analyst (Model Validation)
Manchester / Hybrid
Up to £50k
35hrs per week
Make a difference with our unique approach to banking
We're a bank that's built on co-operative values, and we're committed to making a positive impact on the world. Our Ethical Policy has made us a leader in environmental and social issues, and we're proud to be a market leader in ESG as rated by Sustainalytics.
We're looking for a Senior Analyst to join our Model Validation team, responsible for ensuring that our IRB models comply with Model Risk internal governance requirements. You'll work closely with our experienced Model Validation team to develop and validate new models, and provide advice on model risk related issues.
Key Responsibilities:
- Develop and validate new models, ensuring compliance with Model Risk internal governance requirements.
- Analyse and discuss monitoring and other reports to support decision-making regarding model risks.
- Advise model users on model risk related issues.
- Support the independent model validation manager in the production of key documents for relevant committees.
Requirements:
- Proficient in SAS statistical software, with knowledge of complex Excel functions.
- Statistical modelling and model monitoring experience.
- Experience of developing or validating retail or corporate credit risk models.
- Aware of Regulatory Framework and Requirements for models.
What We Offer:
- Flexible and home working.
- Annual bonus scheme.
- 27 days holiday rising to 30 with service.
- Competitive pension with up to 10% employer contribution.
- Income protection / life assurance.
- Wellbeing support 'Help@Hand' offers mental health support, physiotherapy, GP's for both you and your family.
- 2 paid days for volunteering per year.
- 'MyReward' corporate discount for over 800 retailers and Cycle to Work Scheme.
- Family friendly policies and supportive working environment.
- Colleague network groups committed to inclusion and diversity within our Bank.
As 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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