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Quantitative Analytics Manager IRB LC

  • Location: Milton Keynes
  • Salary: £70000 - £75000 per year
  • Job Type:Permanent

Posted 22 days ago

  • Sector: Credit Risk & Analytics
  • Contact: Lorraine Carroll
  • Contact Email:
  • Contact Phone: 0161 883 2759
  • Expiry Date: 08 June 2023
  • Job Ref: LC/10207

Quantitative Analytics Manager - Retail IRB Modelling


Hybrid Working

This is an exciting opportunity within our Risk department in Buckinghamshire  or Manchester for a Quantitative Analytics Manager in the Retail IRB Modelling team.

This high-profile role will be part of the team responsible for the development and maintenance of the Retail IRB models. The successful candidate will help to ensure that IRB developments are focussed on the strategic needs of the businesses as well as the latest regulations and internal standards.


What you will be doing:


Working as part of a team of quantitative modellers and helping manage the development of models to ensure the strategic IRB requirements are met.

Working with internal stakeholders on the planning, building, validation, approval, implementation and use of the models built.

Helping with model assurance to ensure the models remain effective and accurate.

Being a subject matter expert for retail IRB models.

Being responsible for line management responsibilities for technical analysts.

What you will bring

Good understanding of IRB regulatory requirements and proven track record of IRB modelling with working experience in technical teams and as well as with senior stakeholders.

Excellent quantitative and analytical ability along with experience in relevant mathematical approaches, advanced computer literacy, in particular SAS and degree level or above in a highly numerate subject.


It would be nice for you to have:


Working experience with retail portfolios.

Experience leading a team and/or multiple concurrent projects.

Advanced knowledge in quantitative and analytical solutions.


What else you need to know

We all take personal responsibility for managing risk by embracing the I AM Risk framework - to Identify, Assess, Manage and Report risks, and to continuously build a deeper understanding of the risks we face.




D iscretionary performance-related annual bonus

Pension with generous contributions of up to 12.5%, depending on your own contribution and length of employment with us

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

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, healthcare cash plan and health assessments

Investing in our Share save and Partnership shares plans