Overview

Position Tittle:Quantitative Analyst

Company:Santander UK

Location:Kingston upon Hull, UK

Job Description:

Credit Scoring and Capital Management are essential tools in risk management. They are used extensively across Santander to manage the risk of decisions made by the business. You’ll join our Decision Science team, developing and managing risk models. You’ll be right at the heart of what we do.As a Quantitative Analyst you’ll work as part of a team supporting the development and management of risk models. You’ll utilise mathematical and technical methodologies to provide quantitative analytics – supporting management, other risk departments and business portfolio teams. Your fantastic communication skills will provide key stakeholders with the required understanding of the models to allow key decisions to be made.

Responsibilities:

  • Producing and reviewing model monitoring reports, explaining the impact of any changes in model performance to key stakeholders
  • Contributing to the documentation of model developments to support model approval and implementation
  • Responding to governance queries, such as from audit or the regulator
  • Producing analytics to assist the development or management of risk models – to support the business in managing customer lending and calculating capital requirement
  • Communicating with the local business units to understand requirements and ensure that models and model management deliver on these

Requirements:

  • The ability to think logically and apply programming skills
  • An aptitude for working with data, generating insights and formulating recommendations
  • High degree of mathematical literacy, with a 2:1 degree or equivalent in a numerate discipline (for example Maths, Statistics,
  • Sciences, Engineering or Operational Research)
  • Excellent verbal and written communication skills
  • Strong attention to detail with an excellent work ethic

About Santander UK

Our purpose at Santander UK is to help people and businesses prosper. We are a leading financial services provider, offering a wide range of personal and commercial financial products and services, with around 15 million customers across our Retail and Corporate Businesses