SCUK Senior IRB Quantitative Analyst

improving models for business use; this includes understanding the nature and change of business, proactively managing discussion with business and other stakeholdersChallenge and improvise efficiency of the models and their performance; keeping the models up to date with regulations and as well as business requirementAnalyse and work on the impact on model performance due to changes in business activity, market and/or economic performanceProviding input to the ongoing regulatory self-assessment for IRB; Coordinating responses from various stakeholders on regulatory requirements on IRB topics and assessing their compliance statusSupporting the provision of data on model testing and monitoring; this includesRegular monitoring of the models using SAS/R and excelTesting the input and output of the models and its performance using SAS/R and excelSupport remediation activities of IRB gaps - reviewing and understanding of the gaps in relation to the regulatory requirements and delivering prudent

measures to remediate thoseAd hoc model testing and recalibration of the models based on monitoring results and remediation requirementsRepresent SCUK on the appropriate internal and Group committees and forumsIndependently present the monitoring results and associated appropriate measures to the various stakeholdersAdhering to our commitment to Consumer Duty ensuring we put our Customers' needs first and set higher and clearer standards of consumer protectionWhat we're looking for:Extensive knowledge and experience in model development, validation in IRB or IFRS9 environmentHands on experience from one or more statistical data programmes such as SAS, Python, RGood understanding of the IRB regulation (CRR, PRA, EBA) and interpret these for modelling purposesSubstantial experience and knowledge of credit risk and productsUnderstanding and previous relevant experience in using a variety of statistical techniquesFamiliar with technical and regulatory terms and translate these to the
stakeholders in non technical wayStrong ability to articulate findings in conclusions and potential recommendations to stakeholders in non technical termsStrong Microsoft Office skills; particularly Excel Have a strong analytical background and numerical skillsWe have a range of benefits available which include:Competitive salary dependent on experience30 days holiday per annum, plus bank holidaysAnnual bonus based on personal and company performanceCar allowancePrivate medical coverGenerous pension contributionsEmployee assistance programmeSharesave schemeGym passes at a reduced rate for 3,000 gyms, leisure centres etcInclusion At Santander we're creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.What are the next steps:If
you are interested in this role and believe you have the skills, experience, and knowledge then we'd love to hear from you. Please go ahead and click apply which will take you through some questions and allow you to submit your CV and covering letter.

SCUK Senior IRB Quantitative AnalystCountry: United KingdomSantander Consumer Finance is one of the UK's Leading Motor Finance companies and we are currently looking for a Senior IRB Quantitative Analyst to primarily be responsible for scorecards and models of the SCUK IRB roll out process.This role operates on a hybrid model and at least 2 days a week are required in the office in Redhill, Surrey. Remote workers will not be considered.Responsibilities will include:Development for the following IRB (Internal rating based) models in accordance with internal policies and standards:Rating, PD, LGD and EAD modelsStress testing modelsProduction of model documentation and reports in accordance with internal standards; this includes:Writing thorough model development documents - technical and business using MS wordGenerating reports relating to the models using SAS/R and excelManage the ongoing model maintenance (calibration) and monitoring once IRB is in BAUProactively designing and