Quantitative Analytics Associate

Join us as a Quantitative Analytics Associate

• This is an opportunity to join our Model Governance team within the Quantitative Analytics function and help to drive the model governance agenda across NatWest Markets Front Office
• You’ll have a direct impact on the Trading and Capital Markets businesses by supporting the development and governance of AI models, valuation models and eTrading models, as well as strategic change programmes
• You’ll enjoy lots of collaboration in this role, as you’ll work closely with regulators, colleagues in the wider Quantitative Analytics function, and our partners in Trading, Capital Markets, Technology, control functions, and audit

What you'll do

In your new role, you'll be make a considerable contribution to the development and operation of the policies, controls, and processes that support Front Office model governance. We’ll also expect you to support model owners within Trading and Capital Markets and engage Risk and Audit teams to promote proactive and effective model risk management.

In addition to this, you’ll be responsible for:

• Providing expertise and defining best practice to ensure that all NatWest Markets Front Office models are developed, tested, and compliant with all internal policies and external regulations
• Supporting the development and implementation of governance frameworks for AI models within NatWest Markets
• Running projects with support from Quant and IT colleagues to develop solutions to automate processes and controls that enhance model risk management
• Providing model risk management analytics to business leaders, control functions, and board level committees
• Running model governance committees at both business, asset class, and divisional level
• Responding to regulatory enquiries, and interpreting and implementing regulations in governance, including meeting with regulators to understand expectations

The skills you'll need

We’re looking for someone with a degree in a STEM subject and knowledge in derivative products, quantitative modelling, or eTrading. Ideally, you’ll have experience working in AI development and governance.

You’ll also need:

• Experience working within a quant, model risk, or model governance role in a financial institution
• A good understanding of the current regulatory environment
• The proven ability to complete projects and maintain attention to detail while working to tight timeframes
• Excellent verbal and written communication skills

Hours

35

Job Posting Closing Date:

21/04/2025

Ways of Working:Hybrid