Quantitative Risk Analyst

Full time
uk 29/05/2019   Full time

We currently have an exciting opportunity for a Quantitative Risk Analyst to join us in London. The role holder will be part of the methodology team who are responsible for the development of risk methodologies used across the wider risk department. This role will sit within Quantitative Risk Group (QRG) and will focus on market risk and counterparty credit risk methodologies.

We're passionate about helping people and businesses prosper and we strive to be simple, personal and fair in everything we do. That’s why we’ve built a culture of respect, where everyone is empowered to keep their promises and go above-and-beyond for our customers, colleagues and the communities we serve.

As a Quantitative Risk Analyst your main responsibilities will be:

Working closely with the Market Risk, Credit Risk, Product Control, Finance and Front Office teams to provide quantitative support and practical solutions in a timely manner.

Supporting changes to Valuation adjustments and modelling of market risk factors.

Participating in the ongoing development of Stress Testing models.

Demonstrating an understanding of derivatives across asset classes (Fixed Income, Inflation, FX, Equity etc.), from a theoretical perspective.

Translating technical details into real life issues; understandable to senior management.

Minimum skills and experience required

Degree in a technical discipline ideally a master’s degree.

Knowledge of risk management methodologies (e.g. VaR, Risk Capital, Stress Testing) and regulatory capital requirements (e.g. BASELIII/IV, CRD IV).

Strong quantitative skills (mathematical, statistical) applied in modelling and data analysis.

Strong independent skills and able to manage stakeholder requirements/ model owners.

Must have excellent Excel & VBA programming skills (Python, R, C++ or Matlab desirable).

Rewarding you

Salary is competitive

For your commitment and success, Santander offers a competitive basic salary with a distinct career development opportunity. In addition to your salary and bonus, we offer you a benefits package that’s flexible and allows you to be in control, as well as all the policies, tools and guidance to support you.

Other Santander benefits include:

Pension with generous contributions from Santander

27 days’ holiday plus bank holidays, with the option to purchase up to 5 contractual days per year

Voluntary healthcare benefits at discounted rates such as Private medical insurance, Dental insurance, Healthcare Cash Plan and Health assessments

24/7 access to an online employee discount platform. Save money on everything from groceries, electronics, fashion, holidays and much more

Benefits supporting you and your family, such as voluntary Life assurance and Critical illness cover

Option to a Company car if you drive more than 8,000 business miles per year

Access to an All Employee car scheme

Excellent employee recognition schemes - be recognised for demonstrating great behaviours

Share in Santander’s success by investing in our Sharesave and Partnership shares plans

Support your favourite causes through charitable giving and our community partnerships

Our Triton Square office in London is conveniently located within walking distance from Euston Station and Warren Street Station. It’s one of our biggest offices in the UK and is home to a range of key functions for the bank from Marketing, Finance and Risk to Digital and HR. With an onsite gym, restaurant, coffee shop and banking facilities, the atmosphere is a vibrant one with plenty of opportunities to socialise and get involved in local community and charity work.