Build and maintain models for Net Interest Income (NII), and Market Value (MV) calculations
Establish and build effective relationships with Risk and Finance partners to support the delivery of business assumptions into QRM and supporting stress testing.
Lead change and testing efforts for QRM model enhancements, including UAT planning and execution
Producing and completing test output governance, including documentation.
Collaborate with Treasury, Risk, and Finance partners to gather requirements and deliver model improvements.
Ensure models align with regulatory expectations (e.g., ICAAP, SOTs, stress testing) and internal governance standards.
Manage and minimise operational risks via robust control frameworks underpinning processes
Continuously strive for process improvements to enable time for value adding activity and qualitative review
Support agreed change initiatives to deliver agreed objectives of IRRBB team
Support simplification of the ALM model and continued development of model assumptions, including the development of dynamic modelling and back testing.

2+ years’ experience using SQL with ability to demonstrate strong understanding of QRM Modelling.
2+ years’ experience with Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability.
12 months or more proven knowledge of Retail Banking Products.
At least 2 years’ experience in confidently explaining technical topics both verbally and in business commentaries.
12 months or more proven ability to debate and influence with senior stakeholders.
Proven experience within the last 12 months of a high level of intellectual capacity driving an ability to grasp new techniques quickly.
At least 12 months experience of key Market Risk management techniques including: Net Interest Income Sensitivities, Market Value Basis Risk, Stress Testing
Experience using Python to build/maintain models would be great.
Positive attitude with enthusiasm to contribute to an engaged team culture.
Self-awareness and ability to drive own development.

QRM Modelling Developer

Key skills