Junior Model Development Analyst

About the team

The Models and Ratings team provide the Bank with analytical insight through the use of predictive models that support financial decision making across the business, from pricing through to risk.

Please note this position is based in our London office

What you will be doing?

As a Junior Model Development Analyst, you will support the production of analytics and customer behaviour prediction models and deliver actionable insights into the Savings and Mortgage Product teams.

Working within a growing area for the team, you will have contribute to driving change and making a meaningful impact.

Your responsibilities will include…

• Contributing to the design, development, documentation, and maintenance of customer behaviour prediction models under the direction of the Model Manager.
• Supporting model development, monitoring, validation, and recalibration to ensure accuracy and compliance with regulatory and internal standards.
• Supporting the implementation of models across the organisation by assisting in the production of clear documentation and deployment of the models into business processes.
• Conducting analysis that informs the product lifecycle, including pricing elasticity, churn/retention, and customer acquisition.
• Supporting with the delivery of timely, accurate reporting and insights to support committees and other senior stakeholders.
• Producing timely, accurate analysis and reporting to support Mortgage, Savings, and wider business teams.

What's in it for you?

We offer a base salary depending on experience of £30,000-£37,500 and a competitive benefits package including:

• Annual discretionary bonus opportunity: up to 15% of salary.
• 30 days annual leave
• Choose to contribute 3% or 5% pension, with employer contributions of 6% or 8% respectively
• Enhanced family-focused benefits
• Hybrid-working *3 days in the office, 2 at home

Please use this link to see the fantastic benefits available at OSB: OSB Careers

About us

OSB Group is a specialist mortgage lender and retail savings bank. Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment!

Do you have the skills?

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

• Mathematical and quantitative analysis skills are essential
• Knowledge of statistical concepts (e.g. regression) is essential
• Use of data modelling and data analysis software, e.g. SAS, Python or similar are desirable
• Previous experience in producing reporting/analytical output and presenting material effectively is desirable
• Previous experience of working within a financial services environment would be advantageous.

Next steps

We are proud to be a Disability Confident employer and are committed to creating an inclusive and accessible workplace where everyone can thrive.

We welcome applications from people of all backgrounds and encourage candidates with disabilities and long-term health conditions to apply.

If you meet the minimum criteria for the role and would like to be considered under our Disability Confident Scheme, please indicate this on your application.

Diversity, Equity & Inclusion

Our team value spending time together in the office, typically 3 days a week to support collaboration and connection with colleagues, but we’re happy to have a conversation about what flexibility might look like for you.

Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don’t feel like you need to check every box to apply for a role internally.

We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.