Assistant Risk Analytics Manager

OSB India; Bengaluru; Hybrid; INR 2,500,000 - 4,500,000; Full time

Job summary

OSB India Pvt Ltd in Bengaluru is seeking a Senior Risk Analytics professional to support UK risk and compliance functions. You will drive ad hoc analyses, develop insights for senior management, and coordinate cross-functional risk activities with SAS/SQL/Excel tools.

The role also requires leading a small team, delivering monthly risk reports, and reinforcing controls testing to support the bank's growth and risk posture.

Qualifications

• 7+ years experience owning and running ad hoc risk analyses.
• 7+ years SAS/SQL experience.
• Advanced Excel with VLOOKUPs, VBA and advanced formulas.
• Experience in retail consumer finance risk is desirable.

Responsibilities

• Interact with UK stakeholders to gather requirements and implement with SAS/SQL/Excel.
• Ad hoc risk analyses and regulatory requests.
• Lead a team of 3–4 analysts.
• Conduct thematic risk deep dive reviews and controls testing across risk functions.
• Own monthly deliverables for the Risk team and ensure detail-oriented reporting.
• Ensure compliance with ISO 27001 information security requirements.

Skills

SAS/SQL

Advanced Excel

PowerPoint

Education

University degree in quantitative field

Tools

PowerPoint

Job description

Job Description

About OneSavings Bank plc

OneSavings Bank plc (OSB) the specialist lending and retail savings group began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. The Group, which is headquartered in Chatham, Kent OSB is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. OSB primarily targets underserved market sub-sectors that offer high growth potential and attractive risk-adjusted returns in which it can take a leading position and where it has established expertise, platforms and capabilities. These include private rented sector Buy-to-Let, commercial and semi-commercial mortgages, residential development finance, bespoke and specialist residential lending and secured funding lines. It is differentiated through its use of high skilled, bespoke underwriting and efficient operating model. OSB lends through the Kent Reliance, InterBay Commercial, Prestige Finance and Heritable Development Finance brands, originating organically through specialist brokers and independent financial advisers. OSB is predominantly funded by retail savings originated through the long established Kent Reliance and CCFS name, which includes online and postal channels, as well as a network of branches in the South East of England. Diversification of funding is currently provided by participation in the Funding for Lending Scheme and access to a securitisation programme. The majority of the Groups administrative support functions are performed by its wholly owned OSB India operation, based in Bangalore and Hyderabad, India

About OSB India Pvt Ltd

OSB India is an offshore subsidiary of OneSavings Bank Group plc., the UK based Challenger Bank. OSB India was incorporated in 2004 as a key part of the OneSavings Bank business strategy to provide operational service support. OSB India works with the Banks trading brands in the UK, providing exceptional customer support and service delivery to new and existing customers. OSB India also prides itself for offering operational excellence by devising and utilizing process improvements and functional efficiencies.

Job Purpose

The role holder will be responsible for supporting Credit Risk ad hoc analytical made by the UK based risk and compliance functions and wider business stakeholders as required. The group is currently in the process of enhancing its risk analytics capability and the creation of this new role will facilitate acceleration in the enhancement of insights provided to Senior Management and internal and Board risk committees. The role holder will also be responsible for periodic 2nd line thematic (deep dive) reviews (e.g. lending exceptions performance analysis), and periodic testing of the quality assurance / controls implemented and executed by the 1st line business functions (i.e. lending underwriting assurance process). The risk team at OneSavings Bank PLC plays a central role in achieving the Banks ambitious growth plans and the successful candidate will have a unique opportunity to liaise with other parts of the Risk and Compliance team and the wider business functions and achieve personal development goals.

Core Responsibilities

• Interacting with UK stakeholders, gathering requirements and implementing the same with support of SAS/SQL/Excel.
• Ad hoc risk analysis, Regulatory Requests etc.
• Handling a team of 3-4 analysts.
• Thematic risk specific deep dive reviews and controls testing across the business risk functions as required.
• As nominated Risk Champion for your function, work alongside the Risk function in developing and maintaining a risk management agenda, acting both to ensure the necessary levels of transparency for potential risks and promoting a positive culture of awareness and accountability throughout your function
• Take the ownership of monthly deliverables of Risk team and maintain an eye to the detail (to spot different trends).
• Keep your analytical mind open while working on the requests from UK stakeholders, so that you can create a story to present from your analysis.
• Maintain the companys compliance standards and ensure timely completion of all mandatory on-line training modules and attestations

Experience Requirements

• 7+ years experience of owning and running regular ad hoc risk analysis.
• 7+ years previous experience using SAS/SQL
• Advanced excel user (i.e. proficient user with respect to Vlookups, VBA, other excel formulas) essential.
• Proficient user of Microsoft PowerPoint, creating presentations for senior management.
• 7+ years experience of undertaking a risk related role within a retail consumer finance business is desirable

Knowledge Requirements

• Knowledge of risk management within the banking / financial services sector.

Required Qualifications/Certifications

• A university degree in a quantitative field (i.e. Engineering or Mathematics) is essential.

Responsibilities re Information Security Management System (as per ISO 27001 Certification Requirements)

• Ensure strict adherence to companys security policies and procedures (for ex: Password policy, clear screen and clear desk policy, etc.)
• Take ownership of all the assets/information assigned and secure it in compliance with ISO 27001 standards implemented in the company.
• Co-operate and co-ordinate for the internal audits conducted in the company (complying to ISO 27001 standard).
• Report to the Incident Response Manager, any incidents you come across in the office with regard to Security threats like threats to physical asset & stored information or any risks detrimental to the Security Policies of the company, etc.,.
• Responsible to supervise in ensuring that all personnel reporting to you shall observe all Security requirements and be appropriately trained in Security.