SNR DQM Analyst, Independent Model Validation
Remote / Manchester
Do you have financial services experience, and are you seeking a new job with a UK-based bank? The Co-operative Bank is looking for a full-time Senior DQM Analyst, Independent Model Validation, and the role comes with an attractive salary and benefits package, including flexible working arrangements.
In this newly created role within the Independent Model Validation team, you will inspect quantitative tools. You will learn about the full range of the bank’s operations, including product pricing, financial forecasts, balance forecast, interest rate risk, liquidity, anti-money laundering, and other credit risk decision-making.
To give you an idea of how this flexible role would look and feel, here are some of the things you could expect to do:
* Provide validation of the Bank’s quantitative tools that produce the financial reports
* Present and discuss the outcome of your validation in forums and committees
* Analyse and discuss monitoring and other reports to support decision-making regarding the satisfactory application of the computational methods across the Bank
* Work collaboratively with the Bank's representatives
* Proactively encourage a culture of best practice in data quality assessment, spreadsheet analysis, database management and coding standards.
To apply, you will need a degree in quantitative subject such as mathematics, statistics, economics, finance, physics or engineering. You will also require the following:
* Strong experience working within an analytical function of a financial institution
* Overall knowledge of the various mortgage, unsecured and corporate products
* Credit risk management, analytical techniques and practices
* Assessment of the Bank’s liquidity requirements and capital or provisioning requirements
* Developing rules to identify fraud, ALM or PEP.
Some of The Co-operative Bank's outstanding benefits include:
* An annual bonus scheme
* Flexible working, including remote working
* A car allowance & private medical (Senior Manager roles only)
* Health & wellbeing support
* Family-friendly policies and a supportive working environment
* Our diverse and competitive benefits offering is underpinned by our ethics and values-driven culture to ensure we attract, develop, recognise, reward and retain talent whilst achieving efficiency and sustainability.
If this full-time Senior DQM Analyst, Independent Model Validation job motivates and inspires you, please contact The Co-operative Bank today. We'd love to help you get your next role.
The Co-operative Bank has been rooted in distinctive co-operative values and ethics, underpinning how we run our business and providing customers with a real ethical alternative for 150 years. 2022 marks our 150th anniversary of ethical banking.
We remain committed to our co-operative heritage and values in all that we do. We have pioneered the banking industry on ethical issues for 150 years, but we know there is more to do. There has never been a more pressing time for our bank to focus our efforts on causes that matter to our customers and colleagues. So why not join the UK’s original ethical bank as we continue our ambitions to lead the industry on environmental and social issues in 2022 and beyond?