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Market & Structural Risk Analyst | Risk | S2 | Milton Keynes

Salary Range
£43,000 - £50,206
£3,583 - £4,184 / mo
Verified Corporate Employer (UK Employment Corridor)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
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Position Overview & Specifications

Market & Structural Risk Analyst | Risk | S2 | Milton Keynes

Country: United Kingdom

WHAT YOU WILL BE DOING

Join our community.

By joining the Data and Model Risk team within the MSR department you will be validating market data and helping maintain models used across the business.

The difference you’ll make.

  • Maintaining the market data related model inventory and governance requirements in Monet with good understanding of the Model Risk Framework, potentially expanding model involvement to other areas of MSR over time.

  • Engaging throughout the year in implementation of changes to market input models, driven by market events and/or methodology changes.

  • Validating market data daily for Valuations and Risk reporting in SanUK and administering queries which occur throughout the day.

  • Assisting Valuation Risk team in ad-hoc projects throughout the year

What you’ll bring.

  • Previous experience (not restricted to banking) working in an analytic background with strong Excel and VBA skills

  • Degree in Mathematics, Science or Engineering or equivalent relevant experience

It would also be nice for you to have.

Great work ethic and ability to hit tight deadlines with the eagerness to handle complex problems.

What else you need to know.

This role is currently split between home and the Milton Keynes office. The expectation will be to work two to three days a week in the office.

This is a 12 month FTC

Everyday 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.

At Santander, we each take personal responsibility for managing risk by embracing the I AM Risk framework - to Identify, Assess, Manage and Report risks, and to continuously build a deeper understanding of the risks we face. It is an important part of our culture at Santander and we will provide you with knowledge to help you manage risks in your role.


How we’ll reward you

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

  • Eligible for a discretionary performance-related annual bonus

  • Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us

  • 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

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

  • Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover

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

  • Share in Santander’s success by investing in our share plans

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

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 telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.

Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Santander

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Eligibility: UK Work Eligibility
Schedule: Company - Private
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