London, England, United Kingdom
You will be part of the Modelling work stream for Remediation Projects, you will also be responsible for providing modelling activities in relation to the calculation of redress and compensation due to clients as determined during the review of various loan related products. The role holder will need to have good knowledge over several different products. Analysing historic behaviours and create perfect future profiles for each product. Strong interpersonal skills are required to constructively challenge and confidently communicate with other members of the modelling work stream.
A Modeller, your main responsibilities will involve:
Assisting in defining Redress calculation policies and procedures which will be followed by the wider team
Analysing factual information and make evaluative judgements in order to perform calculations
Ownership of forming and following precedents which will contribute to redress policies. A very high level of technical expertise over a wide and complex product portfolio is required
Supporting with the creation of models to calculate redress using Pricing tools from Standard Bank Applications Library and VBA based programs
Calculating the redress outcomes accurately and efficiently adopting agreed Redress Principles
Working with the wider modelling team to achieve stretching targets for the Remediation Programme
As a Modeller, your skills and experience will include:
Good technical knowledge of debt products within the Bank over several different lending platforms
Strong ability to analyse historic performance and create perfect future profiles
Experience in modelling, particularly in the creation of new loan profiles and historic cash flows
Financial services experience with preferably a background in investment banking and a broad understanding of various loan products (including annuity loans) and structured loans
Ability to contribute towards policy and challenge existing policy. Provide recommendations when there are multiple approaches involved
High level of analytical and numeracy skills.
Please feel free to email over your CV.