Quantitative Risk Manager
CompanyHandelsbanken
Location
London, England, United Kingdom
Employment TypeFull-time
Posted At5/8/2026
UK Visa Sponsorship Analytics
Occupation TypeBusiness and financial project management professionals
Occupation Code Skill LevelHigher Skilled
Sponsorship Salary Threshold
£56,500
(£28.97 per hour)
Occupation rate applies
Above analytics are generated algorithmically based on job titles and may not always be the same as the company's job classification. You can also check detailed occupation eligibility, and salary criteria on our UK Visa Eligible Occupations & Salary Thresholds page.
Disclaimer: Hunt UK Visa Sponsors aggregates job listings from publicly available sources, such as search engines, to assist with your job hunting. We do not claim affiliation with Handelsbanken. For the most up-to-date job details, please visit the official website by clicking "Apply Now."
Description
Job Introduction
Handelsbanken is a relationship bank built on trust, long-term thinking and local decision-making. We provide bespoke banking and wealth management services to personal and corporate customers,
Our decentralised model means decisions are made close to the customer, in our branches. Our central Functions teams play a vital role in supporting the branch network, providing the expertise, governance and infrastructure that enable branches to serve customers effectively and sustainably.
This approach had underpinned our success for decades. Handelsbanken is independently recognised as one of Europe’s safest commercial banks, holds the strongest credit rating among its peers and is consistently ranked highly for customer satisfaction and relationship banking.
Our culture is values-led, shaped by trust, respect, and long-term thinking. We empower our people to use their expertise, make confident decisions and build long-term careers. We look for people who share our long- term vision, want to grow and want to make a meaningful impact in their local community and with the Bank
Check our Handelsbanken website for further information
The opportunity
The role is for a Quantitative Risk Manager to support the various model development and stress testing activities of the team. This role balances hands-on technical expertise with the ability to independently manage complex processes and projects. These activities include but are not limited to production and maintenance of Pillar 2A models for Credit, IRRBB and Operational risk, exploring new areas of quantitative risk analysis to deliver insights to the Bank as well as working with the firm wide stress test tool for the entire balance sheet for capital and liquidity purposes.
This is a great opportunity for a quant risk manager who is eager to assume ownership of complex processes in a wide range of activities in the quant analysis, risk modelling and stress testing space. The role will suit an experienced professional who is keen to develop further. The role offers high visibility within a flat structure and the successful candidate will be able to communicate their analysis and projects with senior stakeholders across the Bank including board members.
Key Responsibilities
Handelsbanken is a relationship bank built on trust, long-term thinking and local decision-making. We provide bespoke banking and wealth management services to personal and corporate customers,
Our decentralised model means decisions are made close to the customer, in our branches. Our central Functions teams play a vital role in supporting the branch network, providing the expertise, governance and infrastructure that enable branches to serve customers effectively and sustainably.
This approach had underpinned our success for decades. Handelsbanken is independently recognised as one of Europe’s safest commercial banks, holds the strongest credit rating among its peers and is consistently ranked highly for customer satisfaction and relationship banking.
Our culture is values-led, shaped by trust, respect, and long-term thinking. We empower our people to use their expertise, make confident decisions and build long-term careers. We look for people who share our long- term vision, want to grow and want to make a meaningful impact in their local community and with the Bank
Check our Handelsbanken website for further information
The opportunity
The role is for a Quantitative Risk Manager to support the various model development and stress testing activities of the team. This role balances hands-on technical expertise with the ability to independently manage complex processes and projects. These activities include but are not limited to production and maintenance of Pillar 2A models for Credit, IRRBB and Operational risk, exploring new areas of quantitative risk analysis to deliver insights to the Bank as well as working with the firm wide stress test tool for the entire balance sheet for capital and liquidity purposes.
This is a great opportunity for a quant risk manager who is eager to assume ownership of complex processes in a wide range of activities in the quant analysis, risk modelling and stress testing space. The role will suit an experienced professional who is keen to develop further. The role offers high visibility within a flat structure and the successful candidate will be able to communicate their analysis and projects with senior stakeholders across the Bank including board members.
Key Responsibilities
- Own specific domains within the various model development activities of the team; this includes but is not limited to the development, maintenance and execution of all model development Pillar 2A (Credit, Concentration, IRRBB, Operational risk) and stress testing;
- Independently plan, lead and execute complex projects or complex processes within larger projects within the remit of the team;
- Successfully collaborate and align with Senior business leaders in an influencing capacity;
- Manage project teams of more than one person and proactively keep the Senior Manager Model Development informed about the progress of the various activities;
- Be highly proactive and contribute to the development of frameworks and other policy documentation.
- Communicate technical messages to senior management;
- Support and contribute to the delivery of the wider business plan of the Advanced Analytics and Frameworks area;
Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…
- Have worked within a Credit Risk/ Financial Risk/ Operational Risk/ Stress Testing/ Model Development function of a bank;
- Be able to evidence experience in successfully managing and owning complex model development and/or model execution and quantitative analysis processes independently with minimum oversight;
- Be able to create structured plans, and proactively follow up and communicate progress with the line manager and relevant stakeholders;
- Be able to troubleshoot progress blockers and maintain positive engagement with various stakeholders;
- Be able to demonstrate the ability to effectively manage and influence senior stakeholder relationships and demonstrate knowledge of risk regulations;
- Have excellent planning and communication skills and a good understanding of Credit Risk and/or Financial Risk processes and terminology;
Why join Handelsbanken
We want everyone at Handelsbanken to feel supported, motivated, and able to do great work. That’s why, alongside brilliant colleagues, meaningful work and training and development opportunities, we provide a variety of benefits designed with your wellbeing in mind.
In addition, there is a flexible benefits package with the key highlights detailed below.
Application next steps
Your journey with us begins once you have submitted your application. One of our Handelsbanken Talent Acquisition Partners will be reviewing your details and will later organise a phone conversation if your experience aligns with our requirements, we will extend an invitation for you to participate in an interview.
This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.
The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.