Senior Quantitative Analytics Manager | S4 | Risk Methodology

Country: United Kingdom

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We currently have an exciting opportunity for a Senior Quantitative Analytics Manager to join us in either Milton Keynes or Manchester.

You'll be part of the wider methodology team who are responsible for the development of retail Internal Ratings Based (IRB) models used by the bank and supporting the bank’s exceptional foundations. You'll sit within the IRB and Advanced Analytics team and will focus on the development and assurance of IRB models and continued regulatory compliance.

If you've performed a similar role previously, this could be the perfect opportunity to develop your career.

The difference you’ll make:

• Overseeing the full end-to-end model development cycle from initiation through to implementation and ongoing assurance

• Working collaboratively with other members of the team and key stakeholders to build and maintain IRB models to internal and regulatory requirements

• Using appropriate modelling techniques and tools to drive improvements to existing and new models

• Managing model risk, including closure of Internal Validation recommendations in a timely manner

• Translating technical details into real life issues; understandable to senior management

What you’ll bring:

These are the essential requirements you need to be successful in this role:

• Coaching and mentoring less experienced members of the team

• Excellent technical background and proven working experience of IRB modelling

• Excellent management experience of leading teams of quantitative modellers

• Excellent quantitative skills (Mathematical and Statistical) applied in modelling and data analysis

It would also be nice for you to have:

• Thorough understanding of IRB regulations from European Central Bank or Prudential Regulatory Authority perspective

• Advanced knowledge and experience of SAS or similar programming languages

• Experience across aspects in model risk management such as validation, policies and controls

What else you need to know:

Our preferred location for this role is Milton Keynes, but we’ll also consider locating the role in Manchester.

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 site-based contracts with a hybrid working pattern and our expected level of attendance in the Milton Keynes office is at least 12 days per month and Manchester is 5 days per month (pro-rata for part-time roles).

If you apply for this role in these locations, it’s important you consider your travelling distance, time and cost from your home to the office locations.

We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.
 

Inclusion:

At Santander we’re 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 we’ll reward you:

As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.

• Eligible for a discretionary performance-related annual bonus.

• We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll 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.

• £6,000 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 company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

• Share in Santander’s success by saving or investing in our share plans.

• 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 you’re interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at [email protected] or call 0870 414 9080.