Quantitative Analyst | S2 | Retail Risk Methodology | Milton Keynes

Banco Santander; Milton Keynes; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading banking institution in Milton Keynes is seeking a Quantitative Analyst to deliver model development and monitoring projects. This role requires a strong background in statistical analysis, proficiency in coding environments like SAS, SQL, R, or Python, and knowledge of regulatory compliance frameworks such as Basel or IFRS9. The successful candidate will enjoy a competitive salary and a range of employee benefits.

Benefits

Competitive salary

Discretionary performance bonus

Pension contributions

Holiday entitlement

Range of employee benefits

Qualifications

• Successful delivery in a statistical analysis or modelling role.
• Conduct statistical analysis in coding environments.
• Experience in technical documentation and report writing.

Responsibilities

• Deliver model development and monitoring projects.
• Write technical documentation for model development.
• Analyse performance of new and challenger models.
• Ensure models fit company strategy and regulatory standards.
• Present model development to approval committees.
• Monitor performance of in-force models.

Skills

Statistical analysis

SAS

SQL

R

Python

Education

Degree in a quantitative field

Postgraduate qualification / PhD

Job description

Overview

Quantitative Analyst, S2 Retail Risk Methodology, Milton Keynes

Country : United Kingdom

Employment Type : Full-Time

Responsibilities

• Deliver model development and monitoring projects to deadlines, working independently.
• Write technical documentation describing the model development in detail.
• Analyse the performance of the new model and any challenger models.
• Assess adherence to the relevant regulatory environment.
• Ensure that models are fit for purpose in accordance with company strategy and aims.
• Present the model development to approval committees.
• Monitor model performance for in‑force models.

Qualifications

• Track record of successful delivery in a statistical analysis or modelling role preferably in a banking environment.
• Proven ability to conduct statistical analysis in a coding environment such as SAS, SQL, R or Python.
• Experience of interpreting technical documentation and producing written reports which convey technical information in an accessible manner targeted to specific audiences.
• Appreciation / knowledge of regulatory compliance requirements such as Basel or IFRS9.
• Degree level education in a quantitative field; a postgraduate qualification / PhD would be advantageous.
• Experience in model development or model monitoring within the retail methodology or risk methodology teams would be an advantage.

Benefits

We offer a competitive salary, discretionary performance bonus, pension contributions, holiday entitlement and a range of employee benefits.

Inclusion

At Santander we are creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We celebrate diversity and attract, retain and develop the most talented people through living our values of Simple Personal and Fair.