Senior Quantitative Risk Analyst – IRB & Credit Modeling

Handelsbanken; City Of London; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Flexible benefits package

Job summary

Handelsbanken in London is seeking a Senior Quantitative Risk Analyst to join the 2LOD Credit Risk team. You will contribute to end-to-end IRB model development, covering retail and corporate exposures, and ensure models are compliant with CRR, EBA and PRA requirements.

The role requires strong analytical and numerical skills, experience with SAS/SQL/R, and the ability to communicate complex results to stakeholders.

Qualifications

• Experience in financial services IRB model development and data analysis.
• Understanding of IRB regulation (CRR, EBA, PRA).
• Strong analytical and numerical skills with statistical modelling and validation.
• Hands-on experience with statistical data tools such as SAS, SQL, and R.

Responsibilities

• Support end-to-end IRB model development and implementation (Retail, LGD, PD, Scorecards).
• Engage with stakeholders to incorporate business requirements into models.
• Define data requirements and assess data availability and quality against regulatory standards.
• Support regulatory self-assessment updates and remediation of gaps.
• Produce model documentation and reports per internal standards.
• Maintain models including annual reviews, recalibration, and ad-hoc testing.

Skills

IRB model development

IRB regulation understanding

Analytical & numerical skills

SAS/SQL/R experience

Communication & presentation

Attention to detail

Tools

SAS

SQL

R

Job description

Handelsbanken in London is seeking a Senior Quantitative Risk Analyst to join the 2LOD Credit Risk team. You will contribute to end-to-end IRB model development, covering retail and corporate exposures, and ensure models are compliant with CRR, EBA and PRA requirements.

The role requires strong analytical and numerical skills, experience with SAS/SQL/R, and the ability to communicate complex results to stakeholders.