Senior Model Execution & Reporting Analyst

Are you looking for a quantitative role supporting the Bank with the continuous improvement of its analytical capabilities?

The Financial Modelling team supports the Bank with the development, maintenance and execution of financial and behavioural models (including customer scorecards, loss provisioning, IRB and pricing models).

About us:

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.

Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB's unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

What you will be doing:

In this role, you will have the opportunity to support the Impairment Execution team to undertake all its deliverables. The Senior Analyst will be involved in the management, improvement and reporting related to behavioural scoring and impairment (IFRS9) across OneSavings Bank PLC.

Your responsibilities will include…

• Execution of the IFRS9 impairment process (including the provision of regular MI and ad-hoc analysis)
• Maintenance, selection and benchmarking of the macro-economic scenarios which support the IFRS9 impairment framework
• Involvement in initiatives to improve the book credit quality and reduce expected losses
• Control execution across the impairment process
• Carry out ad-hoc analysis as required to identify trends, issues and developments in impairments and use findings to continually develop and enhance the process.
• Provide commentary and analysis of trends and movements to management via the monthly reporting committee, Group Credit Committees and the Statutory Reporting team as required.

In return for your commitment:

We offer a base salary dependent on experience of between £56,000 - £70,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan

• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?

We are looking for talented individuals who have the experience and knowledge set out below:

• 3 years previous experience undertaking a credit risk, impairment or capital related role in a financial institution is essential. Exposure to mortgage or other retail consumer finance is advantageous.
• Advanced knowledge of using SQL or SAS for modelling, reporting and data manipulation is essential.
• Ability to write concise reports to deliver feedback to key stakeholders is essential
• A university degree in a quantitative field (i.e. Mathematics, Physics, Economics and Engineering).

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next

If this sounds like you, please send us your CV

If shortlisted from your initial application, we operate a personalised recruitment process. Interviews are a two-way street; we aim for them to be relevant and conversational to get the best out of you!

OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don't stop there though; we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not must be productive in an office and tied to the 9 to 5. The vast majority of roles throughout the Group fall within scope of our Hybrid Working approach, which aims to provide ongoing flexibility and support in terms of work: life balance. Our approach provides opportunity for individuals to informally agree with their Line Manager how they split their working week between their primary office location and home.

All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

Unfortunately, due to the high number of applications currently being received, only shortlisted candidates will be contacted.