Join us as a Senior Risk Quantitative Analyst
- This is a great opportunity for someone with experience in a quantitative role to join our Risk function
- You’ll be working closely with quantitative analysts across asset classes to identify and assess diffusion models and pricer approximations
- Hone your analytical skills and advance your career in this fast paced, critical role
- We're offering this role at senior analyst level
This key role will see you providing model, pricing and functional specifications of the models for the various asset classes, and for the subsequent validation by risk analytics. We’ll also look to you to support to a team of quantitative analysts and technical specialists, providing quantitative and technical mentoring to help them develop in their roles.
Day-to-day, you’ll also be:
- Supporting a phased delivery of the simulation models and pricer prototypes
- Producing model documentation to be delivered to the PRA for internal review
- Advising senior management on and actively managing a project’s non-delivery risk
- Maintaining and making sure that adequate documentation is produced for governance
- Assisting our IT department in implementing the models, and overseeing the implementation of the functional specifications back-testing against the prototypes
We’re looking or someone with substantial experience in a quantitative role of specified asset classes, and experience in credit valuation adjustments, expected positive exposure, building valuation models, optimising pricing routines and computing efficiency.
You’ll have a proven ability to facilitate work across organisational boundaries, and you’ll be able to remove barriers that constrain performance excellence and make sure that quality improvements meet the needs and expectation of a diverse population.
We’ll also expect:
- At least two years of relevant experience
- Degree in a quantitative discipline such as Engineering, Mathematics, Statistics, Finance, or Economics is mandate.
- Strong analytical, problem-solving, and quantitative skills with expertise in statistics, probability, and data analysis.
- Proficiency in Python or similar programming languages for data analysis and model development.
- Good understanding of financial risk concepts, with strong attention to detail and effective communication skills.
- Significant experience in a banking or other financial institution
- The ability to recognise multiple relationships between problems, issues and situations
Hours
45Job Posting Closing Date:
07/09/2026Skills Required
- At least two years of relevant quantitative experience
- Degree in Engineering, Mathematics, Statistics, Finance, Economics, or another quantitative discipline
- Strong analytical, problem-solving, and quantitative skills
- Expertise in statistics, probability, and data analysis
- Proficiency in Python or similar programming languages for data analysis and model development
- Good understanding of financial risk concepts
- Significant experience in a banking or other financial institution
- Experience with credit valuation adjustments, expected positive exposure, valuation models, pricing routine optimization, and computing efficiency
- Effective communication skills and ability to work across organizational boundaries
- Ability to recognize relationships between problems, issues, and situations
NatWest Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NatWest Group and has not been reviewed or approved by NatWest Group.
-
Flexible Benefits — A flexible ValueAccount structure with pension and benefit funding allows tailoring of health, protection, lifestyle, and savings options, with unused amounts typically paid as cash. This flexibility supports personalisation of coverage, particularly in Great Britain where the framework is most detailed.
-
Retirement Support — Employer-funded pension contributions are provided on top of salary in Great Britain, alongside automatic retirement enrollment and share/save programs. This creates structured long‑term wealth support as part of total reward.
-
Parental & Family Support — UK policies outline extended maternity, adoption and equal partner leave on full pay with a phased return, plus paid neonatal care leave. These provisions are positioned as market‑leading and complement broader flexibility resources.
NatWest Group Insights
What We Do
We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.
