Business Unit: Model Risk and AnalyticsSalary range: up to circa £41,000 per annum DOE + red-hot benefitsLocation: Hybrid - with occasional travel to one of our key hubsContract type: Permanent
Live a life more Virgin.
The team’s focus is on providing quantitative and qualitative analysis across our model suite, providing solutions support the acquisition of new business, risk-based account management and manage the bank’s capital across its business portfolios. What you’ll be doing Building and validating statistical models to support business decisions, in line with regulatory requirements.
Delivering analytical/statistical modelling and data analysis to support the development of the bank’s models
Inputting into the scoping, design, development, validation and implementation of models
Clearly defining problem statements and researching and testing innovative solutions to address these
Documenting the process and outcome of your analysis and model development to support internal review, stakeholder engagement and change proposals
Reviewing existing models to demonstrate continued performance and identify potential enhancements to the modelling suite.
Familiarity of a wide variety of advanced machine learning and AI modelling techniques with some experience of applying them, ideally in a banking environment
Experience of model development projects or modelling analytics within banking with an understanding of model usage
Practical experience of distilling and interpreting complex data and analysis
Expertise in the use of statistical analysis software (e.g. SAS, Python, R) as well as MS Office
Demonstrable understanding of statistical modelling techniques such as hypothesis testing, probability distributions and Regression.
It’s a bonus if you have but not essential
Advanced Degree (PhD, Masters) in a data science related area
Coaching/mentoring experience
Experience in Banking and Risk Management.
Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more.
Up to five extra paid well-being days per year.
20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
Market-leading pension.
Free private medical cover, income protection and life assurance.
Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness.
We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you.
Say hello to Virgin MoneyWe’re making great strides towards achieving our ambition of becoming the UK’s best digital bank. As a full-service digital bank with a heritage stretching back over 180 years, we’re a workforce to be reckoned with, and we're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. Be yourself at Virgin MoneyOur purpose is to make people happier about money, this means seeing and feeling the world as our customers do by creating a workforce that reflects the rich diversity of our customers and communities. As a Disability Confident Leader, we're committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team careers@virginmoney.It’s important to note that there may be occasions where it’s not possible to interview all candidates declaring a disability who meet the essential criteria for the job. Now the legal bitLiving A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but we'll need you to confirm you have the right to work in the UK.
These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks.