At a Glance
- Tasks: Model credit projections for stress testing and capital planning while collaborating with senior stakeholders.
- Company: Join a leading bank with a dynamic finance team and a focus on innovation.
- Benefits: Flexible work-from-home options, competitive salary, and opportunities for professional growth.
- Other info: Engage with executives and regulators while developing your career in finance.
- Why this job: Enhance your technical skills and make an impact in a fast-paced financial environment.
- Qualifications: Degree in a quantitative field and experience in credit risk analysis or modelling.
The predicted salary is between 60000 - 80000 £ per year.
Join us as a Credit Stress Testing Analytics Manager. Take on a pivotal role in our Finance function, in which you’ll be modelling credit projections for stress testing, capital planning and strategy setting purposes. You’ll enjoy extensive visibility at a senior level within the bank and with executives and regulators. It’s an opportunity to further your career by working with senior stakeholders and enhance your technical skills and knowledge of the business in a fast-paced environment. You'll work from home some of the time, and from the office at least twice a week.
What you’ll do:
- Model credit macroeconomic and climate scenario projections, ensuring a high standard of accuracy and adherence to controls in line with given time scales.
- Provide comprehensive supporting analysis and MI to explain scenario projections in the context of the given scenario, other inputs, models, methodology and assumptions, while engaging with stakeholders and experts from the business areas, Risk, Audit, and other functions to provide business insights and analysis in a timely manner.
- Develop and implement the models needed to project impairments and credit risk weighted assets.
- Develop adjustments to modelled outputs to address model weaknesses and limitations or apply management judgement.
- Prepare detailed, high quality presentation materials for review and challenge purposes, and present modelling results to stakeholders.
- Produce ad hoc insights or analysis, as needed by the business or regulators, to help interpret and use stress testing results and scenario projections.
- Provide accurate evidence and documentation to help complete controls for the credit risk scenario projections process on time.
The skills you’ll need:
- Knowledge of credit or financial risk management and measurement, with strong technical and communication skills.
- Significant experience of credit risk analysis or modelling in a retail or wholesale banking environment.
- A thorough understanding of stress testing requirements and the process, models, methodology and controls for generating credit risk scenario projections.
- A degree in a quantitative discipline such as Mathematics, Statistics, Econometrics or Economics preferably to PhD or post graduate level or with additional professional qualifications, such as a CFA or FRM.
- Strong data handling and analysis skills, including programming in Python.
- An excellent understanding of the relevant capital requirements regulations and financial accounting standards (IFRS 9).
- An organised approach with the ability to manage projects and work effectively to deadlines.
- Excellent attention to detail.
Credit Stress Testing Analytics Manager in London employer: NatWest Group
As a Credit Stress Testing Analytics Manager, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. With the flexibility of hybrid working arrangements and the opportunity to engage with senior stakeholders, you will enhance your technical skills while contributing to impactful financial strategies. Our culture fosters collaboration and innovation, making it an excellent place for professionals seeking meaningful and rewarding careers in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Stress Testing Analytics Manager in London
✨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 NatWest Group. 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 Credit Stress Testing Analytics Manager in London
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 NatWest Group.
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 NatWest Group'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 NatWest Group
✨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 NatWest Group.
✨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 NatWest Group 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 NatWest Group 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.
