Serving our customers, communities, and planet a little better every day.
Salary – From £, - £, + annual bonus & benefits
Location - Edinburgh – Permanent
Office Attendance - Our roles are hybrid; however, you should be able to travel to your contractual office location 3 days per week for this position.
Closing Date – Applications close th November at 5pm
A chance to thrive
We’re looking for a Regulatory Reporting Manager to join our Risk team at Tesco Bank, part of Barclays Bank UK Plc.
Are you passionate about turning data into insight and insight into action? We're looking for a dynamic individual to ensure regulatory and economic capital is calculated accurately and in line with external regulation / internal Barclays policy and to provide oversight and adequacy for expected losses arising from borrowers' defaults on loans, bonds, and other credit instruments. You'll be at the heart of forecasting, performance analysis, and portfolio analytics—helping us understand what drives risk and how we can respond smarter and faster.
Your Role Has Three Core Dimensions:
1. You’ll work with complex risk data sources, developing deep expertise in risk measurement and portfolio analytics. We’ll support you in building this knowledge, helping you streamline and optimise processes.
2. Apply your analytical skills to conduct detailed, high-impact investigations into portfolio performance and capital drivers. Your work will directly influence strategic decisions.
3. Present your findings to senior stakeholders—both technical and non-technical—in a compelling and accessible way. Your insights will help shape the future of our risk strategy.
This is a great time to join and contribute to our growing successes and support our integration with the Barclays Risk teams.
This role will be directly supporting Barclays Risk Measurement team, working alongside a wide range of stakeholders across both Tesco Bank and Barclays.
What you’ll be doing
4. Calculate regulatory and economic capital, including Risk-Weighted Assets (RWAs), to support internal and external reporting requirements.
5. Develop, calibrate, and implement credit risk models (PD and LGD) across borrower segments and products, with clear explanation of outcomes.
6. Build and apply quantitative tools to forecast credit losses and assess portfolio risk under varying economic conditions.
7. Conduct stress testing exercises to evaluate the impact of market and macroeconomic scenarios on regulatory capital.
8. Analyse credit trends and early warning indicators, assessing the implications of economic developments on portfolio performance.
9. Manage credit risk data and deliver accurate, timely reporting to internal committees and external regulators.
We need you to have
10. Experience of conducting complex analysis using diverse data sources to solve problems creatively and effectively using data processing software (SAS, SQL, Python etc.).
11. Stakeholder Engagement: Communicate complex or sensitive information clearly and persuasively to influence outcomes.
12. Operational Insight: Understand how different business areas contribute to wider organisational objectives and coordinate efforts accordingly.
13. Project management skills: collaborative assignments, identify cross-functional needs, and shape project direction using multi-disciplinary approaches.
And if you have any of these, even better
14. Knowledge of Credit risk management in retail lending.
15. Knowledge of Capital regulatory standards (CRDIV).
16. Knowledge of Impairment provisioning standards (IFRS9).
17. Forecasting, portfolio risk management, risk modelling technique knowledge.
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.
What’s in it for you
18. Prepare for your retirement with our colleague pension scheme.
19. Private Medical Insurance (WL2+) and virtual GP Service days a year.
20. Performance related annual bonus.
21. Indulge in a generous holiday allowance with a minimum of weeks, with the opportunity to buy more.
22. Embrace the benefits of our Colleague Clubcard (until March 6). Enjoy a % discount that increase to % every payday. As an added perk, we’ll give you a second card to share with someone else.
23. Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous paid paternity leave.
24. A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.
Everyone’s welcome
We want all our colleagues to always feel welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
#LI-LC2