Senior Quant Analytics Lead, Credit Risk Modelling

Banco Santander SA; Greater London; On-site; GBP 99,000 - 149,000; Full time

Benefits offered by this job

Holiday entitlement 30 days + bank

£6,000 car allowance

Private medical insurance

Death in service & income protection

Employee share plans

Staff discounts

Job summary

Santander UK is seeking a Senior Quants Analytics Manager to lead corporate credit risk model development and governance. You will drive IRB, IFRS9, stress testing, and climate risk initiatives while collaborating with owners, validators and regulators.

The role requires extensive experience in risk modelling, strong quantitative skills, and advanced programming in SAS, Python and SQL. A blended office-and-home pattern supports collaboration with senior stakeholders across the Bank.

Qualifications

• Extensive experience in corporate or wholesale credit risk model development, validation or model risk management.
• Strong quantitative and analytical skills with statistical/econometric/ML methods.
• Advanced programming skills in SAS, Python, SQL or similar tools.
• Ability to identify, analyse and resolve complex modelling and data quality issues with sound judgement.
• Knowledge of Basel, CRR, PRA and IFRS9 regulatory requirements and governance.

Responsibilities

• Lead the delivery of complex model development across IRB, IFRS9, Stress Testing, Climate Risk and Capital Modelling.
• Develop, monitor and improve models throughout their lifecycle.
• Document models, ensure reproducibility and regulatory compliance.
• Present developments and key assumptions to governance forums and committees.
• Lead and mentor a team of quantitative managers and analysts.
• Collaborate with model owners, validators, auditors and senior stakeholders.

Skills

Corporate credit risk models

Quantitative & analytical

SAS

Python

SQL

Regulatory knowledge

Communication of quantitative concepts

Technical leadership

AI tools & LLMs (advantageous)

Education

Quantitative degree (Math, Stats, Econometrics, OR, Data Science)

Tools

SAS

Python

SQL

Job description

Santander UK is seeking a Senior Quants Analytics Manager to lead corporate credit risk model development and governance. You will drive IRB, IFRS9, stress testing, and climate risk initiatives while collaborating with owners, validators and regulators.

The role requires extensive experience in risk modelling, strong quantitative skills, and advanced programming in SAS, Python and SQL. A blended office-and-home pattern supports collaboration with senior stakeholders across the Bank.