Grow with UTB

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose
The Risk Analyst will be responsible for running the credit models underpinning the stress testing in the ICAAP and the Recovery Plan, two of the main annual group wide assessments. In addition, the risk analyst will support the Head of Enterprise-wide Risk Management with the oversight of capital, funding, liquidity and market risks, and the implementation of the wider risk management framework, including Model Risk Management and Risk Appetite.

Key Responsibilities

• Develop, implement, enhance and document the credit risk models using excel, VBA, etc.
• Own and run the credit risk models underpinning ICAAP P2A and P2B stress testing assessments and writing the relevant sections of the ICAAP.
• Own and run the models supporting the Recovery Plan, quantify and analyse UTB’s recovery options.
  Lead the Recovery Plan assessment and documentation.
• Review and support the embedding of the UTB’s Model Risk Management Framework and Policies.

Skills and Experience

• 2-3 years experience in a bank or a similar financial institution
• Credit modelling and / or stress testing experience, gained within a credit, finance of treasury function.
• Experience working with data sets from disparate sources.
• Highly IT and numerically literate with excellent data manipulation and modelling skills.
• Attention to detail and high degree of accuracy.

Equal Opportunities
We’re an equal opportunity employer, which means we’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we’re committed to creating an inclusive environment for all employees. During the application process, you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes. This will be for a period of 6 months or longer with your permission. This helps us understand our applicants so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• Competitive Salary and Bonus package
• 26 Days Holiday
• 2 Wellbeing Days
• Contributory Pension
• Life Insurance / Income Protection / Critical Illness cover
• Private Medical Insurance
• Season Ticket Loans
• Excellent career development opportunities and where appropriate sponsorship of a relevant qualification

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

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