Applications for this job are now closed
What you will be doing
We have an exciting opportunity as a Structural Risk Reporting Analyst, within the wider the Market and Structural Risk team with the responsibility for measuring and reporting the Interest Rate Risk in the Banking Book (IRRBB). The team produces the necessary MI and analysis to senior committees to monitor, report and control the risk exposure of the bank through a range of risk metrics and scenarios.
The difference you’ll make
- Developing and maintaining the suite of existing IRRBB reporting, as well as ad hoc analyses to inform the risk decision making process.
- Supporting the production of the suite of BAU Gap reporting as well as regulatory returns to the PRA, ECB, and Bank of Spain ensuring analysis is accurate and timely.
- Developing an expert understanding of the drivers behind key risk metrics such as NIM and EVE and balance sheet dynamics from a structural market risk perspective.
- Performing ad hoc analysis as required, to ensure the changes in risk exposures are understood and explained.
What you’ll bring
- Degree in a technical discipline or relevant experience.
- Experience of Banking or other financial services and the products.
It would also be nice for you to have
- An understanding of the principles of managing and measuring IRRBB.
- Excel skills with Macros and VBA to help develop analyses and processes.
- Knowledge of QRM is advantageous.
What else you need to know.
This role is based in Milton Keynes with flexibility working from home
How we’ll reward you.
As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.
- £500 annual cash allowance to spend on our great range of benefits.
- Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
- 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year
- Voluntary healthcare benefits at discounted rates. Including: Bupa medical insurance, dental insurance, healthcare cash plan and health assessments
- Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
- 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more
- Share in Santander’s success by investing in our share plans
- Support your favourite causes through charitable giving and our community partnerships
Learn more about our benefits and family friendly policies
#ThePlaceToBeYourself – Everyday Inclusion at Santander
We are committed to making sure all our colleagues feel they belong and are supported to succeed. Our customers come from a wide range of backgrounds, and so do our people, so we welcome applications from across society.
You can find out more about how we’re embedding an inclusive culture that encourages our people to bring their full and authentic selves to work on our Inclusion and Belonging page.
A bit more about Santander
At Santander we’re driven by our purpose - to help people and businesses prosper. This means we help customers to create change for themselves and those around them, and we champion businesses to grow sustainably. We do this by always living our values of Simple, Personal and Fair.
At Santander, we each take personal responsibility for managing risk by embracing the I AM Risk framework - to Identify, Assess, Manage and Report risks, and to continuously build a deeper understanding of the risks we face. It is an important part of our culture at Santander and we will provide you with knowledge to help you manage risks in your role.
What to do next:
If this sounds like a role you’re interested in, then please apply.
If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.
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