At a Glance
- Tasks: Lead the development of critical credit risk models and support scorecard creation.
- Company: Metro Bank, a forward-thinking bank focused on innovation and customer service.
- Benefits: Competitive salary, annual bonus, generous holidays, and hybrid working options.
- Other info: Join a dynamic team with excellent internal promotion opportunities.
- Why this job: Make a real impact in banking by developing essential risk models and advancing your career.
- Qualifications: Experience in predictive modelling, programming (preferably SAS), and strong attention to detail.
The predicted salary is between 60000 - 75000 £ per year.
As the Lead Modelling Analyst, you will have wide ranging responsibilities and will play a vital role in the deliveries of the Model Development Team as it meets the evolving needs of the Bank.
Responsibilities
- Heavily involved in the development of business-critical statistical credit risk models
- Support the development of application and behavioural scorecards
- Support with PD, EAD, LGD & modelling Impairment (IFRS9) modelling using the above and suitable SICR criteria
- Assist with the development, monitoring and reviewing of credit risk models
- Knowledge of predictive modelling and programming techniques ideally with SAS
- Proficient in Microsoft Office suite
- Excellent attention to detail combined with proactive behaviours
- Experience of one or more of the following and the analytical techniques to develop these: Scorecard development, PD, EAD, LGD & modelling, or Impairment (IFRS9) modelling
- Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders
Benefits
- Competitive salary
- Discretionary annual bonus
- Generous holiday allowance
- Attractive pension scheme
- Healthcare and life assurance
- Colleague discounts
- Hybrid working opportunity built around your role and home life, wherever possible
- Training to ensure you succeed in your role and internal opportunities to progress your career (approx 40% of recruitment comes from internal promotions)
Lead Modelling Analyst employer: Metro Bank
Metro Bank is an exceptional employer that prioritises employee well-being and career development, offering a competitive salary, generous holiday allowance, and a robust pension scheme. With a strong focus on hybrid working, we foster a supportive work culture that encourages growth through training and internal promotions, ensuring that our Lead Modelling Analysts can thrive in their roles while balancing their personal lives.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Modelling Analyst
✨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 Metro Bank. 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 Lead Modelling Analyst
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 Metro Bank.
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 Metro Bank'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 Metro Bank
✨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 Metro Bank.
✨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 Metro Bank 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 Metro Bank 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.
