Senior Quantitative Risk Analyst

Handelsbanken; Greater London; Híbrido; GBP 90 000 - 120 000; Tempo integral

Resumo da oferta

Handelsbanken is seeking a Senior Quantitative Risk Analyst to join our 2LOD Credit Risk team in the UK. The role focuses on IRB model development for Retail, Property Lending, and Corporate PD models, with emphasis on data governance and regulatory compliance.

You will engage with stakeholders, define data needs, and produce documentation and reports while supporting annual model reviews and recalibration activities. A proactive, detail-oriented analyst will thrive in our trust-based culture.

Qualificações

• Experience in financial services with IRB model development and data analysis.
• Understanding of IRB regulation (CRR, EBA, PRA).
• Strong analytical and numerical skills including statistical modelling and validation techniques.

Responsabilidades

• Support end-to-end IRB model development and implementation across Retail and Corporate exposures.
• Engage with stakeholders to align model development with business requirements.
• Define data requirements and assess data quality against regulatory standards.
• Complete updates to the regulatory annual self-assessment for IRB and remediate gaps.
• Produce model documentation and reports per internal standards.
• Support ongoing model maintenance including annual reviews and recalibration.

Conhecimentos

IRB model development

Data analysis

Statistical modelling

Model validation techniques

Regulatory knowledge (CRR/EBA/PRA)

SAS/SQL/R

Communication skills

Attention to detail

Proactive/initiative

Ferramentas

SAS

SQL

R

Descrição da oferta de emprego

Handelsbanken is a relationship bank built on trust, long-term thinking and local decision-making. We provide bespoke banking and wealth management services to personal and corporate customers,

Our decentralised model means decisions are made close to the customer, in our branches. Our central Functions teams play a vital role in supporting the branch network, providing the expertise, governance and infrastructure that enable branches to serve customers effectively and sustainably.

This approach had underpinned our success for decades. Handelsbanken is independently recognised as one of Europe’s safest commercial banks, holds the strongest credit rating among its peers and is consistently ranked highly for customer satisfaction and relationship banking.

Our culture is values-led, shaped by trust, respect, and long-term thinking. We empower our people to use their expertise, make confident decisions and build long-term careers. We look for people who share our long- term vision, want to grow and want to make a meaningful impact in their local community and with the Bank

We also recognise that flexibility can support people to perform at their best, and that it looks different for everyone. While arrangements will depend on the requirements of the role and the needs of the business, we are open to having a conversation around what flexibility could look like for you.

We are looking for a Senior Quantitative Risk Analyst to join our 2LOD Credit Risk team.

Key responsibilities

• Support end to end IRB model development and implementation. Covering but not limited to;
  • Retail exposure: loss Given Default (LGD), Probability of Default (PD), Application & Behavioural Scorecards
  • Specialised Property Lending exposures: IRB Slotting
  • Corporate PD Models
  • Stress Testing models
• Engage with relevant stakeholders to ensure business requirements are factored into the model development
• Define data requirements for IRB models. Provide assessment of data availability and quality against regulatory requirements and internal Data Governance standards
• Complete updates to the Bank’s regulatory annual self-assessment for IRB. Create and support the remediation of any gaps
• Produce model documentation and reports in accordance with internal standards.
• Support ongoing model maintenance including Annual Model Reviews, recalibration and ad-hod model testing

What we’re looking for

Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…

• Relevant experience working in financial services, including IRB model development and data analysis. Both Retail and Corporate IRB models preferable but not essential
• Understanding of IRB regulation (CRR, EBA, PRA)
• Have strong analytical skills and numerical skills, specifically statistical modelling and validation techniques
• Hands on experience with one or model statistical data programmes such as SAS/SQL/R
• Be proactive and able to act on their own initiative
• Have an ability to communicate, analyse, articulate and present complex issues clearly and concisely both verbally and in writing
• Have excellent attention to detail

Why join Handelsbanken

We want everyone at Handelsbanken to feel supported, motivated, and able to do great work. That’s why, alongside brilliant colleagues, meaningful work and training and development opportunities, we provide a variety of benefits designed with your wellbeing in mind.

In addition, there is a flexible benefits package with the key highlights detailed below.

This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.

• Business Unit Credit & Sustainability Risk (UKRK)