Model Validation Quantitative Analytics Manager | S3 | Model Risk
Model Validation Quantitative Analytics Manager | S3 | Model Risk
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Job Description
Interested in parttime jobshare or flexible working We want to talk to you!
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Model Risk is a vital aspect of managing risk that affects all areas of the bank involving two model validation teams (NonRetail and Retail) and a Model Risk control team. In this challenging role within the NonRetail Internal Validation Team youll contribute to the model validation supporting business and regulatory requirements.
Youll be integral in validating the models used in areas such as our Banking Book including IRRBB Fair Valuation and Valuation in Resolution the management of Market risks and Counterparty Credit risks Securitisation and Funding programs (Valuation SRT Asset Swaps) and the models used to calculate Regulatory and Economic Capital Stress Testing and Liquidity risks.
If youve performed a similar role previously this could be the perfect opportunity to develop your career at the heart of the action.
The difference youll make:
Being a Model Risk subject matter expert for key stakeholders both within and outside of Risk department
Contributing to the planning for key projects to ensure the most effective use of validation resources
Using quantitative risk experience to continually improve risk management tools and techniques
Reviewing technical documentation describing model development and validation whilst assessing adherence to the relevant regulatory environment
Ensuring that models are fit for purpose in accordance with company strategy and aims and presenting validation findings to model approval committees
Identifying synergies between the different validation tasks to effectively manage and optimise the teams work and contributing toward the continuous improvement in efficiency and effectiveness of team processes
What youll bring:
These are the essential requirements you need to be successful in this role:
Previous markets experience including market drivers and pricing approaches with an in depth knowledge of the practices from portfolio management or securities valuations
Knowledge of regulatory compliance requirements such as Basel SACCR FRTB SS1/23 ICAAP
Track record of successful delivery in a validation or modelling role and experience of interpreting and writing technical documentation
Presentational skills good communication skills selfmotivated and independent individual
It would also be nice for you to have:
Knowledge of SQL VBA R SAS C Latex git and any other programming language or statistical software
Degree level education or equivalent in a quantitative field such as Mathematics Statistics Mathematical Finance Data Science Operations Research Quantitative Economics or Engineering
A working knowledge of Python
What else you need to know:
This role permanent role is based in Triton Square.
We want our people to thrive at work and home and also be able to deliver the best outcomes for our customers and to help each other develop. To support this we offer sitebased contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (prorata for parttime roles).
If you apply for this role its important you consider your travelling distance time and cost from your home to the office location. Were happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.
If youre interested in this role but with part time hours or a jobshare we would still love to hear from you and discuss these.
Inclusion
At Santander were creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts retains and develops the most talented and committed people through living our values of Simple Personal and Fair.
How well reward you.
As well as a competitive salary youll enjoy a benefits package that you can tailor to your needs.
Eligible for a discretionary performancerelated annual bonus.
We put 8% of salary into your pension even if you dont contribute yourself. Well pay in up to 12.5% of salary if you contribute as well and you can take some of our contribution in cash if you prefer.
30 days holiday plus bank holidays which increases to 31 days after 5yrs service with the option to purchase up to 5 contractual days per year.
6000 car allowance per year.
Company funded individual private medical insurance.
Voluntary healthcare benefits at discounted rates such as private medical insurance for your family dental insurance and health assessments.
Protection for you and your family with companyfunded deathinservice benefit and income protection insurance and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
Share in Santanders success by saving or investing inour shareplans.
As a Santander UK employee you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees as well as apply to many other deals and discounts in Santander products and services.
Learn more about our benefits and family friendly policies
What to do next:
If this sounds like a role youre interested in then please apply.
If theres anything we can do in the recruitment process to help you achieve your best get in touch. Whether its a copy of our application form in another format or additional assistance were available through telephone email or face to face. You can contact us at or call 0.
Required Experience:
Manager
Employment Type
Full-Time
