Join us as a Stress Testing Modelling Quantitative Analyst
- Take on a pivotal role in our Finance function, in which you’ll be modelling credit projections for stress testing, capital planning and strategy setting purposes
- You’ll enjoy extensive visibility at a senior level within the bank and with executives and regulators
- It’s an opportunity to further your career by working with senior stakeholders and enhance your technical skills and knowledge of the business in a fast-paced environment
What you'll do
We’ll look to you to develop credit risk scenario projections models for the specific Structured Finance / Securitisation business area, liaise with Model Validation to seek approval, document methodology and processes, ensuring a high standard of accuracy and adherence to controls in line with given regulatory timeline. You’ll be providing comprehensive supporting analysis and MI to explain scenario projections results in the context of the given stress scenario, inputs/outputs, models / methodology and assumptions, while engaging with stakeholders and experts from the business areas, Risk, Audit, and other functions to provide business insights and analysis in a timely manner.
Other key aspects of your role will involve:
- Developing the quantitative methodologies needed to project impairments and credit risk weighted assets, implementing the approved models or analytics solutions
- Developing adjustments to modelled outputs to address model weaknesses and limitations or apply management judgement
- Preparing detailed, high quality presentation materials for review and challenge purposes, and presenting modelling results to stakeholders
- Producing ad hoc insights or analysis, as needed by the business or regulators, to help interpret and use stress testing results and scenario projections
- Providing accurate evidence and documentation to help complete controls for the credit risk scenario projections process on time
The skills you'll need
To join us in this role, you’ll need extensive knowledge in securitisation and of credit or financial risk management and measurement, with strong technical and communication skills. We’ll also look for you to have significant experience of credit risk analysis or modelling in a retail or wholesale banking environment, and a thorough understanding of stress testing requirements and the process, models, methodology and controls for generating credit risk scenario projections.
You should also hold a degree in a quantitative discipline such as Mathematics, Statistics, Econometrics or Economics preferably to PhD or post graduate level or with additional professional qualifications, such as a CFA or FRM.
As well as this, you’ll demonstrate:
- Strong data handling and analysis skills, including programming languages such as Python, and/or C++
- Extensive knowledge in optimisation algorithms, Machine Learning techniques and regressions
- Extensive knowledge of Structured Credit and Stress Testing
- An excellent understanding of the relevant capital requirements regulations, for example Basel II or III, and financial accounting standards such as IFRS 9
- An organised approach with the ability to manage projects and work effectively to deadlines
- Excellent attention to detail
Hours
35Job Posting Closing Date:
30/01/2026Ways of Working:HybridTop Skills
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.
