Risk Models Analyst - New Works, United Kingdom - Virgin Money

Virgin Money
Virgin Money
Verified Company
New Works, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

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Description

Business Unit:
Risk Analytics Centre of Excellence**Salary range:
circa £30,500 depending on experience.

Employment Type**:
Permanent

Let's get growing


Virgin Money is all about disrupting the status quo, taking on the challenges of the future, and saying goodbye to boring banking.

We're on the lookout for like-minded individuals and innovators like you to help push us forward.

We're also transforming howwe work to give our colleagues more choice, control and flexibility to live and work how they choose with
A Life More Virgin.



Here's what it means for YOU:

  • 38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)?
  • Up to five extra paid wellbeing days per year?
  • A 35hour working week
  • 20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
  • Market leading Pension & Private Medical Insurance
  • Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
  • Ability to work anywhere in the UK? (where the role allows)

And you get these Red-Hot Rewards from day one


Here at Virgin Money, we take a huge amount of pride in what we do, working seamlessly across all areas to achieve the same goals for the business.

Our Risk Analytics Centre of Excellence (RACE) work at the intersection of Data Science, Statistical Modellingand Economics, using data to support the business through model building or providing actionable insights from the data.

We draw on statistical modelling techniques to produce the best possible predictive models.

You'll be responsible for supporting model developments and quantitative and qualitative analysis.

As part of the Regulatory Modelling team you'll help to secure the foundations of our business decisions by providing quantitative and qualitative analysisacross our regulatory model suites, providing solutions to support the acquisition of new business, risk based account management and manage the bank's capital across its Retail portfolios.


As a Modelling Analyst you will get

  • Regular feedback and ongoing support to help with your personal development journey.
  • On the job training around data analytics and statistical modelling.
  • Dedicated time during working hours to attend fully funded personal certifications to help you make the most of your career and develop you as an individual.

Day to day you'll be responsible for

  • Analytical/statistical modelling and data analysis to support the development of the bank's models.
  • Clearly defining problem statements and researching and testing innovative solutions to address these.
  • Reviewing existing models to demonstrate continued performance and identify potential enhancements to the modelling suite.
  • Documenting the process and outcome of your analysis to support internal review, stakeholder engagement and change proposals.
  • Supporting the scoping, design, development, validation and implementation models.

There are a few essentials you need to bring

  • Practical experience of distilling and interpreting complex data and analysis.
  • Good communication skills both verbal and written.
  • A team building mindset
  • Ability and drive to learn statistical techniques and coding languages.

It's a bonus if you have. but not essential

  • Experience in building trusted relationships with stakeholders.
  • Advanced Degree (PhD, Masters) in a data science related area.
  • Expertise in the use of statistical analysis software (e.g. SAS, Python, R) as well as MS Office.
  • An understanding of statistical modelling techniques such as hypothesis testing, probability distributions and Regression.
We really need you to have the skills and experience listed in the essentials section above, but the rest is just our wish list, so please don't let that put you off applying, we'd love to hear from you


Inclusion at Virgin Money
**Now the legal bit
**Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it) but we will need to you to confirm you have the Right to Work in the UK.


If we offer you a job and you accept, there are some checks we need to complete before you can start with us.

This will include a credit and criminal record check, as well as providing 3 years' worth of satisfactory references.
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