Quantitative Analyst | S2 | Retail Methodology | Milton Keynes
Quantitative Analyst | S2 | Retail Methodology | Milton Keynes

Quantitative Analyst | S2 | Retail Methodology | Milton Keynes

Milton Keynes Full-Time 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Develop and analyse models to enhance banking services and ensure regulatory compliance.
  • Company: Join Santander, a forward-thinking bank focused on making banking simple, personal, and fair.
  • Benefits: Enjoy hybrid working, 27 days holiday, a generous pension scheme, and a £500 annual cash allowance.
  • Why this job: Be part of a supportive culture that values new ideas and promotes diversity and inclusion.
  • Qualifications: Degree in a quantitative field; experience with statistical analysis in coding environments like Python or R.
  • Other info: Located in Milton Keynes with flexible working patterns available.

The predicted salary is between 28800 - 48000 £ per year.

Quantitative Analyst | S2 | Retail Methodology | Milton Keynes

Country: United Kingdom

Join our community:

We currently have an exciting opportunity for a Model Development Quantitative Analyst to be part of the Retail Methodology Team.

Our people are passionate about truly listening to our customers to make banking more simple, personal and fair. And change like that doesn’t happen unless we all speak up with new ideas and challenge things that could be better. That’s why we’ve built a culture of respect, where everyone supports each other to keep their promises and go above-and-beyond – every day.

The difference you’ll make:

As a Model Development Quantitative Analyst your main responsibilities will involve:

  • Work independently to deliver model development projects to deadlines which will include:

  • Writing technical documentation describing the model development in detail;

  • Analyse the performance of the new model and any challenger models;

  • Assessing adherence to the relevant regulatory environment;

  • Ensuring that models are fit for purpose in accordance with company strategy and aims;

  • Presenting the model development to approval committees;

  • Monitoring model performance for in-force models.

What you’ll bring:

  • Track record of successful delivery in a statistical analysis or modelling role, preferably in a Banking environment;

  • Proven ability of conducting statistical analysis in a coding environment such as SAS, SQL, R or Python;

  • Experience of interpreting technical documentation and producing written reports which convey technical information in an accessible manner, targeted to specific audiences;

  • Appreciation/knowledge of regulatory compliance requirements such as Basel or IFRS9;

  • Degree level education in a quantitative field; a postgraduate qualification/PhD would be advantageous.

What else you need to know:

This role will be based in Milton Keynes.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).

If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location.

We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.
How we’ll reward you.

As well asasalary, we offer a wide range of benefits that you can choose from and tailor to your needs.

  • £500annual cash allowance to spend on our great range of benefits.

  • Eligible for a discretionary performance-related annual bonus.

  • We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.

  • 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year.

  • Free access to a range of digital health services, including GP.

  • Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

  • 24/7 access to an online employee discount platformincluding retailers, entertainment, eating out, travel and more.

  • Voluntary healthcare benefits at discounted rates.Including: medical insurance, dental insurance, and health assessments.

  • Share in Santander’s success by saving or investing inour shareplans.

  • Support your favourite causes through charitable giving and our community partnerships.

  • As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services

Learn more about our benefits and family friendly policies

What to do next:

If this sounds like a role you’re interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through email. You can contact us at

#J-18808-Ljbffr

Quantitative Analyst | S2 | Retail Methodology | Milton Keynes employer: Santander USA

Santander is an exceptional employer that fosters a culture of respect and collaboration, ensuring that every employee feels valued and empowered to contribute their ideas. Located in Milton Keynes, the company offers a hybrid working model, competitive benefits including generous holiday allowances, pension contributions, and opportunities for personal growth, making it an ideal place for those seeking a meaningful career in banking.
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Contact Detail:

Santander USA Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Quantitative Analyst | S2 | Retail Methodology | Milton Keynes

✨Tip Number 1

Familiarise yourself with the latest trends in quantitative analysis, especially within the banking sector. Understanding current methodologies and regulatory requirements like Basel or IFRS9 will give you an edge during discussions.

✨Tip Number 2

Brush up on your coding skills in SAS, SQL, R, or Python. Being able to demonstrate your proficiency in these languages during interviews can significantly boost your chances of landing the role.

✨Tip Number 3

Prepare to discuss your previous experience with model development projects. Be ready to share specific examples of how you've successfully delivered projects on time and how you’ve analysed model performance.

✨Tip Number 4

Network with professionals in the field of quantitative analysis. Engaging with others in the industry can provide insights into the company culture and expectations, which can be invaluable during your interview.

We think you need these skills to ace Quantitative Analyst | S2 | Retail Methodology | Milton Keynes

Statistical Analysis
Model Development
SAS
SQL
R
Python
Technical Documentation
Report Writing
Regulatory Compliance Knowledge
Basel Framework
IFRS9
Analytical Skills
Problem-Solving Skills
Attention to Detail
Communication Skills
Project Management

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Quantitative Analyst position. Understand the key responsibilities and required skills, such as model development, statistical analysis, and regulatory compliance.

Tailor Your CV: Customise your CV to highlight relevant experience in statistical analysis or modelling, particularly in a banking environment. Emphasise your proficiency in coding languages like SAS, SQL, R, or Python, and any experience with technical documentation.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that demonstrate your ability to deliver model development projects and your understanding of regulatory requirements.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for grammatical errors, clarity, and ensure that all information is accurate and relevant to the job. A polished application reflects your attention to detail.

How to prepare for a job interview at Santander USA

✨Showcase Your Technical Skills

Be prepared to discuss your experience with statistical analysis and coding environments like SAS, SQL, R, or Python. Bring examples of past projects where you successfully applied these skills, as this will demonstrate your capability to handle the technical demands of the role.

✨Understand Regulatory Compliance

Familiarise yourself with relevant regulatory frameworks such as Basel or IFRS9. During the interview, be ready to discuss how you have ensured compliance in previous roles, as this knowledge is crucial for the position.

✨Prepare for Model Presentation

Since presenting model developments to approval committees is part of the job, practice explaining complex concepts in a clear and accessible manner. Tailor your explanations to different audiences, showcasing your ability to communicate technical information effectively.

✨Demonstrate Problem-Solving Abilities

Be ready to discuss specific challenges you've faced in model development and how you overcame them. Highlight your independent working style and ability to meet deadlines, as these traits are essential for success in this role.

Quantitative Analyst | S2 | Retail Methodology | Milton Keynes
Santander USA
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  • Quantitative Analyst | S2 | Retail Methodology | Milton Keynes

    Milton Keynes
    Full-Time
    28800 - 48000 £ / year (est.)

    Application deadline: 2027-09-03

  • S

    Santander USA

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