Senior Analyst, Operational Models recruitment
Business Function: Risk Analytics
Reports to: Manager, Model Development, Risk Models Analytics
Business Division: Credit Market Risk, UBG
Role Purpose
This role requires the application of intellectual rigour to resolve complex issues and deliver insightful solutions.
Major Activities and Responsibilities
- Performs detailed analysis required on model development projects and associated analytical projects.
- Under supervision, acts as project lead, providing direction and support on model development/analytical projects.
- Provides input / feedback on observed knowledge gaps/ training needs within an assigned business area.
- Under supervision, performs research and analysis associated with proposed changes/enhancements in modelling approaches in response to regulatory concerns, new policy development / implementation, and/or changing business requirements.
- Under supervision, provides support to Risk colleagues and business leaders on the appropriate use of quantitative modelling tools for assessing risk across the RBS portfolio.
- Under supervision, reviews and analyses the use and applicability of sophisticated calculation methodologies and financial modelling techniques, within an assigned business area.
Measures of Success
- Successful completion of projects including a challenge on methodology to ensure the outcomes are based on robust analysis and provision of reliable solutions to meet the project objectives.
- Successful project management of analytical/model development projects.
- Provision of explanation of relevant quantitative analysis techniques to colleagues.
- Assessment of alternative approaches to challenge standard practices.
- Development of less experience staff within the team.
Competencies:
- Achieving Excellence (2)
- Influencing (3)
- Inspiring (2)
- Communicating (3)
- Building Understanding and Trust (2)
- Developing People (2)
- Collaborating For Success (2)
- Gathering Information (3)
- Understanding Issues (3)
- Finding Solutions (3)
Essential Skills and Experience Required
- Degree level education or solid experience in an analytical/model development role
- Experience in an analytical/model development role
- Experience in statistical programming, preferably SAS
- Strong communication and interpersonal skills.
Desirable
- Good experience in a banking, financial markets or consulting environment
- Experience of working with a range of data sources
- Strong SAS skills
- Basic knowledge of relevant regulatory regimes and risk disciplines
- Previous experience of acting a the team lead on an analytical project
- Previous project management experience
- Comprehensive knowledge of UBG products and associated processes
- Foundation level knowledge of how competitors’ products are positioned within the marketplace and understand how this impacts on risk appetite, policy etc.
Please note: Clear demonstration of meeting all Essential Criteria detailed in the advert is required
Fitness and Probity
This is a Regulated Role, and will be subject to enhanced vetting procedures. There will be an ongoing requirement for the role holder to maintain fit, proper and sound standing to perform in the post.
May 26, 2012
• Tags: Operational Models recruitment, Risk Management careers in the UK, Senior Analyst • Posted in: Financial