Wholesale Loss Forecasting Analyst (9 months)

Royal Bank of Scotland (RBS)
Posted

  • Sector: Financial Services and Investment
  • Location:
  • Hours: Full Time
  • Contact: Human Resources
  • Reference: 64459

The Business

We're looking for a Wholesale Loss Forecasting Analyst to join us in Belfast or Dublin
  • Joining this specialist team, we'll look to you to perform complex impairment forecasting and modelling 
  • You'll be required to collate vital data and translate it into clear and concise messages for your business partners
  • While gaining valuable exposure to some of our senior stakeholders, you'll have the opportunity to significantly develop your knowledge of credit risk, financial management and data analysis
  • The role is available for a period of 9 months

What you'll do

Working closely with senior management across various divisions of Ulster Bank and RBS, you’ll play a key role in the management of the provisions and impairment production, forecasting and reporting. You'll perform complex impairment forecasting and modelling, making sure you accurately document all aspects of model development activities. When any challenges arise, you'll tackle these head on, analysing why issues have occurred and providing effective solutions. 

Your responsibilities will also include: 

  • Supporting the process of the inputs to the provisioning and impairment corporate forecasting reporting
  • Assisting with the development of Loss Forecasting models, and supporting the delivery of the corporate monthly rolling forecast
  • Ensuring key dependents are identified and timelines managed to ensure deadlines are achieved
  • Explaining variances from plan and benchmarks where appropriate
  • Delivering analysis which will enable identification and communication of key trends and issues 

The skills you'll need

To succeed in this role, you'll need a quantitative primary degree or an equivalent certification. It's crucial you're able to display and apply logical thinking to complex issues, and you'll ideally have strong credit risk experience. 

You'll also have:

  • Advanced software skills and knowledge of Excel, SQL and SAS
  • Strong analytical and problem solving skills
  • The ability to communicate complex ideas to a wide non-technical audience

It would be beneficial to have experience of working to challenging reporting deadlines, with the ability to embrace future challenges and achieve successful outcomes. IAS 39/IFRS 9 knowledge is also desirable.

How we'll reward you

In return, we offer a competitive salary plus 25% cash and benefit funding programme that can be tailored to suit your individual needs. In addition, we provide a wide selection of exclusive lifestyle offers, development and learning programmes, services and support designed to help you manage and balance your work/life priorities.

Visit our reward and benefits page for more information on the benefit packages we offer.

Inclusion

ng-bindingAt Ulster Bank, we want everyone to feel welcome, regardless of your background or needs. If you need adjustments making to your working environment, we’ll do everything we can to support you. As part of this commitment, we offer flexible working options for some of our roles - find out more.

As a Financial Services organisation we comply with and support the requirements set by our Regulator, the Financial Conduct Authority (FCA), which are designed to protect our customers. This role falls under Conduct Rules of the Individual Accountability Regime (IAR) and is subject to pre-employment screening. This means if your application is successful, you’ll need to satisfy some important background checks before you can start working with us. These may include a full credit check, a criminal record check (if based in the UK), residency and right to work checks.

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