Senior Model Development Analyst, Product

About the team:

The Models and Ratings team provide the Bank with analytical insight through the use of predictive models that support financial decision making across the business, from pricing through to risk.

Please note this position is based in our London office

What you will be doing:

As a Senior Model Development Analyst, Products you will produce analytics and customer behaviour prediction models for the Models and Ratings team and deliver actionable insights into the Savings and Mortgage Product teams.

Working within a new area for the team, you will have the autonomy to drive change and make a meaningful impact.

Your responsibilities will include…

• Working independently to design, develop, document, and maintain customer behaviour prediction models under the direction of the Model Manager.
• Undertaking model development, monitoring, validation, and recalibration to ensure accuracy and compliance with regulatory and internal standards.
• Supporting the implementation of models across the organisation by producing clear documentation and assisting with deployment into business processes.
• Conducting analysis that informs the product lifecycle, including pricing elasticity, churn/retention, and balance forecasting.
• Delivering timely, accurate reporting and insights to support committees and other senior stakeholders.
• Producing timely, accurate analysis and reporting to support Mortgage, Savings, and wider business teams

What's in it for you?

We offer a base salary depending on experience of £60,000 - £70,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan

Please use this link to see the fantastic benefits available at OSB: OSB Careers

About us:

At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become 'the bank of the future'.

Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace.

Do you have the skills?

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous experience of building and implementing models to analyse customer behaviour is essential.
• Previous experience of working first hand in Modelling and Analytics is essential, within a financial services environment would be advantageous.
• Advanced use and application of data modelling and data analysis software: specifically, SAS, WPS or similar are essential.
• Advanced mathematical, modelling and quantitative analysis skills are essential.

Next steps:

If this sounds like you, please apply now For internal applications please visit the internal careers page to apply.

Still on the fence? Hear from our team or explore our process:
OSB Careers

Shortlisted candidates will go through a personalised recruitment process, that is relevant and conversational - inclusive any individual reasonable support required. We want to bring out the best in you

Diversity, Equity & Inclusion

Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don't feel like you need to check every box to apply for a role internally.

We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.

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