Senior Quantitative Model Developer, Economic Capital

  • Competitive
  • London, England, Großbritannien
  • Festanstellung, Vollzeit
  • RBS
  • 16 Nov 18

See job description for details

The Business
We're looking for a Senior Quantitative Model Developer, Economic Capital to join us in London

  • This is a key role in the Economic Capital Modelling team within Financial Risk & Analytics
  • You'll be able to learn new coding languages and lead key projects, giving depth and variety to your development
  • It's a chance to be recognised as a subject matter expert, and for your strong technical skills
  • You'll be joining a team with a collaborative culture, and will work on a range of model and product types

What you'll do

You'll be leading projects to develop and maintain core aspects of the Economic Capital models, including credit, operational and business risk. You can expect variety, and you may be working on a single large project at any one time, or on a series of smaller ones. Typical project themes will reinforce that variety, and may include enhancements to the existing models, support and improvement of the methodology used in ICAAP processes, and coordination with stakeholders to identify and deliver tailor-made solutions.

Other key aspects of your role will include:
  • Maintaining risk models, with a focus on improving effectiveness and efficiency
  • Produce clear and well-presented analysis and MI on all aspects of model performance
  • Providing expert input into the yearly plan, contributing to the discussion
  • Supporting regulatory engagement relating to risk models and model frameworks
  • Identifying opportunities to improve both models and measures
  • Supervising others' work and delegating effectively to achieve targets

The skills you'll need

We're looking for someone with good modelling and coding experience. Credit risk modelling and economic capital modelling - such as simulation, correlation and valuation - are all particularly welcome, but other types of modelling such as financial modelling may also be suitable. We'll be looking for statistical language skills such as Matlab, Python or SAS, but other easily transferable languages such as R will also be considered.

We'll also expect:
  • Strong quantitative skills, with a degree in a numerate discipline, and proven skills in data driven analysis and statistical or mathematical modelling
  • Proven end to end project management skills, although a formal qualification isn't necessary
  • Strong problem solving skills, with the ability to simplify and rationalise complex concepts

How we'll reward you

In return, we offer a competitive salary and you'll also join our retirement savings plan. You can also choose from a selection of protection, healthcare or lifestyle extras from RBSelect, our fully flexible reward programme.

Visit our reward and benefits page for more information on the benefit packages we offer.

Inclusion

At RBS, we want everyone to feel welcome, regardless of your background or needs. If you need adjustments making to your working environment, we'll do everything we can to support you. As part of this commitment, we offer flexible working options for some of our roles - find out more .

As a Financial Services organisation we comply with and support the requirements set by our Regulator, the Financial Conduct Authority (FCA), which are designed to protect our customers. This role falls under Conduct Rules of the Individual Accountability Regime (IAR) and is subject to pre-employment screening. This means if your application is successful, you'll need to satisfy some important background checks before you can start working with us. These will include a full credit check, a criminal record check, residency and right to work checks.