Risk Modelling Principal Analyst

#R-00155616
Location
Edinburgh, United Kingdom
Contract
Permanent - Full Time
Brand
NatWest Group
Job category
Risk Technical Specialisms - Control, Oversight & Assurance
Posted
12/05/2022
Closing date for applications: 26/05/2022

Our people work differently depending on their jobs and needs. From home working to job sharing, visit the remote and flexible working page on our website to find out more.

This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.

Join us as a Risk Modelling Principal Analyst

  • In this exciting role, you'll be joining the Retail Risk Scenario Modelling team leading the development and maintenance of Stress Testing, IFRS9 and Climate Change quantitative models
  • You'll have the chance to work with different modelling approaches and lead key projects, giving depth and variety to your development
  • You'll be joining a team with a collaborative culture in a fast paced and high profile role

What you'll do

As a Risk Modelling Principal Analyst, you’ll be integral in the design, development and maintenance of effective and compliant statistical risk and decision support models and related analytics. You’ll be leading a team of highly technically skilled managers and model developers, making sure that you support their ongoing coaching and development.

You’ll also be:

  • Providing the business and other stakeholders with advice and support on model use, model impact and model implementation
  • Supporting regulatory engagement and internal governance in relation to risk models and model frameworks
  • Supporting the business through developing and maintaining risk and decision-support models
  • Providing actionable MI on all aspects of model performance
  • Assisting your team manager with setting objectives for analytical resource and assessing performance

The skills you'll need

We’re looking for someone with experience of working in a modelling function or a related quantitative function, part of which is from a retail or wholesale banking environment. You’ll also be qualified to degree level in a numerate discipline with a background in data driven analysis and statistical, mathematical or econometric modelling.

To be successful in this role, you’ll also need:

  • Experience of the development and practical application of risk models, including scoring and model monitoring
  • Experience in coding specifically in Python coupled with R, SQL or SAS
  • Extensive banking and financial services experience
  • A broad background of risk systems, methodologies and processes in a retail or wholesale bank environment
  • Strong project management skills and the ability to work well as part of a team, sharing ideas and learning from others
  • The ability to translate complex and statistical techniques into simple, easily understood concepts
  • Excellent problem solving skills and the ability to identify alternative solutions

If you need any adjustments to support your application, such as information in alternative formats or special requirements to access our buildings, or if you’re eligible under the Disability Confident Scheme please contact us and we’ll do everything we can to help.