SQL Data Scientist - Quantitative Modelling and Analysis, RALC (SRS)- (005308)
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
As a directorate of the PRA, the Supervisory Risk Specialists (SRS) provides deep technical expertise and applies judgement in specific risk disciplines in order to identify, analyse and mitigate material risks to the safety and soundness of PRA regulated firms. SRS also supports the wider Bank through providing risk specialist expertise to a range of functions including policy development and implementation, the Bank's concurrent stress tests and the supervision of central counterparties.
SRS is split into four main divisions:
Within RALC, the Quantitative Modelling and Analysis team (QMA) provides quantitative modelling and analytics, data solutions and technical expertise to Risk Specialists, Supervisors and other partners across the Bank.
Key roles for QMA include the development, implementation and maintenance of tools and models used for risk assessment, including for the annual stress testing of major UK Deposit Takers. These include SRS’ Data Management Tool, Secured Retail and Wholesale Impairments forecasting models, Net Interest Income and Pensions models.
QMA also interacts with colleagues across the Bank on the design and implementation of Bank wide Data and Analytics Strategies. QMA also works with are main Technology area to collaborate on data solution projects.
As a Data Scientist in QMA, you will work in a small but highly effective team to provide database and analytics solutions for quantitative modelers and risk specialists. This role has a broad remit that spans the full lifecycle of analysis, design, implementation, maintenance and support.
Job responsibilities are the development and support of a business critical SQL based data management system as well as work on data pipelines and other database solutions. There will also be opportunities over time to work on model implementation and related platform initiatives.
The QMA team works closely with business teams, an important aspect of this role is close communication with teams across SRS and an ability to understand how and why they do things as well as their business requirements.
We anonymise applications so hiring managers will not be able to see your personal information, your original CV or any covering letters when reviewing your submission. Please complete work history and the application form questions as requested because incomplete submissions will not be reviewed.
The closing date for applications is 05 August 2021.
As a unique institution, we have a reward package which sets us apart from other organisations. It includes a competitive salary, but also a much wider offering, including a defined benefit pension and comprehensive flexible benefits. We also offer a working environment which fully supports individuals through flexible working, wellbeing initiatives including an on-site medical and dental unit.
The salary range for this vacancy is approximately £35,700 - £41,580, dependent on relevant skills and experience. In addition, the total reward package also includes:
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.