Risk Analyst

Company Description

Shawbrook is a specialist bank driven by a purpose to power up ingenuity to create opportunity, every single day.             

We offer a diverse range of savings and loan products. From personal and business savings accounts and loans for wedding and new cars, to complex financial credit facilities for businesses requiring significant investment and mortgages for landlords with multiple properties – no two customers are ever the same.     

We give our customers the best-of-both worlds; uniquely combining strong digital capabilities with human expertise and ingenuity to deliver the best outcomes. We rise to the challenge of a complex case or unconventional circumstances, and we love to make things happen. By being creative, practical, and personal, we know we can always find the right solution for our customers.

If you’re willing to roll up your sleeves, contribute new ideas and believe anything is possible, you’re our kind of person

Work with us because you:

• Want to be part of a bank built for the dynamics of the modern world
• Relish a challenge and enjoy a fast-paced, innovative, and hardworking culture
• Enjoy finding new and better ways to solve complexity and make things happen
• Want to belong to a diverse culture that stands shoulder to shoulder with minority and underrepresented groups
• Care about society and the environment and want to be part of a business that cares too
• Want to continue to grow professionally and be the best version of yourself

Job Description

This is an entry level role within the Decision Science team, an analytical function within Group Risk that manages the full credit lifecycle of models.

The jobholder will be responsible for:

• Analysing, reporting and maintaining our current suite of models
• Developing new models in the impairment and capital space and supporting the BAU reporting of our financial numbers.
• Supporting Model Risk Management and Governance.

This role will support the wider regulatory commitments required of the team and ensure we can continue to grow and produce strong analytical outputs to support the bank.

In this role you will be exposed to several modelling and regulatory challenges and be able to make a difference from day 1. You will be coached and supported to develop into a strong quantitative analyst with an excellent foundation in risk.

• The role is balanced to include on the job learning and development objectives which have been carefully selected to prepare candidates for further progression and specialisation within group risk. Candidates will be embedded into the team and be exposed to a range of stakeholders and projects to support their development.

Strategic

• Support the delivery of modelling projects through insightful analysis and clear documentation.
• Develop working independence and organizational skills.
• Gain exposure to the business and the role we play in the bank
• Present analysis within the team and at division level of part of working groups
• Learn the fundamentals of Credit Rating, Capital, Impairment and Risk Management

Operational

• Develop Hands-on model building and coding skills to create industry leading models
• Ensure all work is clearly documented and conforms to development standards
• Explore analytical solutions to resolve business challenges
• Gain experience with Model Risk Management and its place in the bank

Relationships

• Work closely with the Decision Science team and group functions and divisions to establish constructive and effective relations
• Collaboration with analytic colleagues and uphold best practice

Knowledge Gathering

• Develop an understanding of financial services and risk management
• Develop a basic knowledge of credit scoring, modelling techniques and IFRS9
• Understand how data and statistical techniques are used to develop regulatory models.

Qualifications

• Degree in an analytical discipline such as Applied Mathematics / Statistics, Econometrics, Operational Research, Engineering, Finance, Computer Science, Business Management etc. or equivalent experience
• Be articulate, both verbally and in the way that information is conveyed in reports and presentations, with ability to communicate complex information in a simple and effective way.
• Ability to work with others to achieve business objectives.
• Excellent attention to detail and follow-up skills.
• Solution oriented; positive mindset and can-do attitude.
• Creativity, energy and personal drive to succeed.
• Calm under pressure - concise, direct communication and active knowledge-sharing style.
• Strategic thinking capacity.
• Questioning / independent mindset.
• Strong analytical and problem-solving skills with the ability to use information to generate creative solutions to benefit the business
• Experience of either Power BI, SAS, SQL or other similar data analysis tool
• Solid Microsoft Excel skills
• Basic knowledge of Risk Analysis is desirable
• Entry level role
• Microsoft Office
• Previous experience in any programming language, with SAS, SQL, Python, VBA or R being a plus

Additional Information

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

• Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace, a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service

Your Lifestyle - It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re enjoying your leisure time.

• Minimum of 27 days holiday per year
• Option to buy or sell holiday days through our flexi-holiday scheme
• Discounts on gym membership nationwide
• Access to discounts on a range of high street and online brands
• Community support and charitable giving

Your Contribution - We’re focused on rewarding those that go the extra mile in helping us achieve our goals.

• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done