At a Glance
- Tasks: Develop and validate IRB models for retail and corporate credit risk.
- Company: Join Handelsbanken, a leading bank with a strong commitment to risk management.
- Benefits: Attractive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career advancement in a collaborative team.
- Why this job: Make a real impact on credit risk strategies in a dynamic financial institution.
- Qualifications: Strong analytical skills, experience with SAS/SQL/R, and effective communication abilities.
The predicted salary is between 59400 - 72600 £ per year.
Handelsbanken in London is seeking a Senior Quantitative Risk Analyst to join the 2LOD Credit Risk team. You will contribute to end-to-end IRB model development, covering retail and corporate exposures, and ensure models are compliant with CRR, EBA and PRA requirements.
The role requires:
- Strong analytical and numerical skills
- Experience with SAS/SQL/R
- The ability to communicate complex results to stakeholders
Senior Quantitative Risk Analyst – IRB & Credit Modeling employer: Handelsbanken
Handelsbanken is an exceptional employer that prioritises a values-led culture of trust, respect, and long-term thinking, making it an ideal workplace for those seeking meaningful careers in banking. Located in Kings Cross, the role of Corporate Banking Manager offers not only competitive benefits and a flexible working environment but also ample opportunities for professional growth and community impact, all while being part of a bank recognised for its customer satisfaction and safety. Join us to build lasting relationships and contribute to a sustainable banking model that truly puts customers first.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Quantitative Risk Analyst – IRB & Credit Modeling
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Handelsbanken. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Quantitative Risk Analyst – IRB & Credit Modeling
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Handelsbanken.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Handelsbanken's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Handelsbanken
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Handelsbanken.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Handelsbanken will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Handelsbanken employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
