Risk Analyst
Milton Keynes
Permanent
£35,000 - £45,000
- Apply
- Save job
Bullet points
This is a brand new role in a high performing retail bank
This person must have experience creating models, ideally in SAS or VBA on Excel
About Our Client
My client is a leading retail bank. This role is based in Milton Keynes.
Job Description
The Risk Analyst will be responsible for:
- Leading projects to develop risk models which support the business in managing customer lending and calculating capital requirements
- Communicating with the local business units to understand requirements to ensure that models and model management deliver on these
- Producing project plans and reviewing progress, taking mitigating action where necessary
- Providing clear documentation of the model development to support model approval and implementation
- Ensuring that outputs are of sufficient robustness to withstand independent scrutiny and questions from external regulators
- Producing and reviewing model monitoring reports, explaining the impact of any changes in model performance to key stakeholders
The Successful Applicant
The ideal Risk Analyst candidate will have:
- High degree of mathematical literacy, with a 2:1 degree or equivalent in a numerate discipline (for example Maths, Statistics, Sciences, Engineering or Operational Research)
- Track record of successful delivery in a statistical analysis role of similar complexity and level, preferably within a credit risk function
- Experience of building or using statistical models in business environments
- Ability to transform high-level requirements into focused and structured analytics
- Strong SAS programming skills
- Financial Services background
What's on Offer
This is a permanent role based in Milton Keynes. My client is happy to offer flexible working (2-3 days in the office) once offices re-open after the pandemic. This role offers a basic salary of £35,000-45,000 depending on the candidates' experience plus a competitive bonus and benefits.