Serving our customers, communities, and planet a little better every day.
Salary – Up to £90,000 + annual bonus & benefits Location – Edinburgh Office Attendance – Our roles are hybrid; however, you should be able to travel to our Edinburgh office 3 days per week for this position. Closing Date – Applications close on 13th March 2026 A career that works for you We’re looking for a Model Risk Senior Manager to join our Provisions and Model Risk Oversight team at Tesco Bank, part of Barclays Bank UK Plc. This is a great time to join as you will play a significant part in the transition to the Barclays Model Risk Framework. You’ll play a vital role in the ongoing management of Model Risk within Tesco Bank and be responsible for providing independent assurance of the models used. You’ll be working within the Tesco Bank Risk team, alongside model developers and users, and the Barclays Independent Model Validation Unit. What you’ll be doing
- Maintaining the Tesco Bank model risk governance framework by ensuring that all our models are subject to appropriate validation and satisfy all regulatory requirements.
- Working closely with key stakeholders to deliver effective and independent oversight of the models used in all areas of Tesco Bank.
- Support the transition of our models to the Barclays Model Risk Framework
We need you to have
- Experience of working across a wide range of Banking disciplines, which should include Finance, Credit Risk and Commercial Functions.
- Knowledge and understanding of model build, validation and governance within Retail Banking.
- Excellent oral and written communication.
- Ability to influence at all levels of the organisation
And if you have any of these, even better
- Advanced Analytical Capability with in-depth knowledge of statistical and mathematical techniques and models used within Retail Banking.
- Strong understanding of the Regulatory agenda.
- Degree qualified or equivalent.
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us. What’s in it for you
- Plan confidently for the future with our non-contributary colleague pension scheme.
- Access Private Medical Insurance, including a convenient GP service.
- Enjoy a discretionary annual incentive.
- Take time to rest and recharge with 25 days’ holiday plus 8 bank holidays.
- Make the most of our family-friendly benefits, including enhanced maternity pay, shared parental leave and paid paternity leave.
- Grow your skills with our ongoing learning and development opportunities, designed to help you build the career you want.
- Choose from a range of flexible benefits so you can tailor a package that works best for you.
Everyone’s welcome We want all our colleagues to always feel welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day. #LI-LC1
How to apply
We value our people anddiverse teams and believe the variety of backgrounds and experiences make usstronger to achieve our goals.
Our colleagues are workinghybrid, taking time to meet with colleagues in our offices for moments thatmatter, such as team catch ups, planning meetings and more. If you’reinterested in finding out more about what a career at Tesco Bank looks like,click apply to find out more!
Why Tesco Bank?
Whether we’re helping our customers or looking afterour people, you’ll find there’s a warmth and friendliness to everything we do.
It means we put your wellbeing first and give you bagsof support, training and development, so you can build the career that’s rightfor you. It’s about looking after each other with the same care that we give toour customers.
We’ve created an environment where everyone feelsincluded, accepted and welcome. Which means you can bring your whole self towork every day and totally thrive at the same time.
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Contact Detail:
Tesco Underwriting Ltd. Recruiting Team