Senior Quantitative Analyst

Application Closes: 02/03/2026

Role: Senior Quantitative Analyst

Function: Chief Risk Officer

Department: Model Development

Reports to: Lead

Job Summary

Overall Purpose:

The Senior Quantitative Analyst plays a fundamental role in driving the bank’s quantitative strategies fostering data driven decision making. The job holder must analyse and quantify various types of risk (market, credit, operational) using advanced statistical methods.

Key Responsibilities

The job holder will be responsible for:

• Model Development
  • Creating models that predict potential losses and help in risk mitigation strategies.
  • Reviewing and calibrating such models on a regular basis to ensure that model risk remains within acceptable levels.
  • Providing adequate oversight and challenge methodologies, statistical results, documentation, etc for models built by third parties for the bank.
  • Utilising big data techniques to process and analyse extensive datasets, extracting actionable insights in the process.
  • Carrying out research to develop new models and improving analytical techniques.
  • Ensuring that quantitative methodologies align with regulatory requirements, if and where applicable.
  • Maintaining thorough documentation of models and analysis to support audit trails and transparency.
  • Ensuring that documentation of the right standard and detail is delivered to the bank for external models.

• Collaboration & Communication
  • Communicating complex quantitative findings to non-technical stakeholders ensuring clarity and understanding.
  • Providing the necessary information to validators to be able to do their work.
  • Working collaboratively with other departments to integrate quantitative insights into business tools.
  • Mentoring junior team members to foster their growth and knowledge in the area.

In addition to the specific functions, management may assign more duties as required for the job from time to time.

Attitude:

• Hands-on approach, assertive and confident.
• Responsible, committed and appreciates the responsibilities which the job entails.
• Show rigour, consistency, and attention to detail in work.
• Team player and flexible according to priorities.

Required Criteria

Previous proven work experience of five (5) years in Risk Quantitative Model development in Financial Services including data preparation and analysis, analysing model assumptions and variable and model selection, AND an MQF Level 6 Award in Mathematics, Econometrics or Statistics.

OR

Previous proven work experience of seven (7) years in Risk Quantitative Model development in Financial Services including data preparation and analysis, analysing model assumptions and variable and model selection.

OR

Previous proven work experience of three (3) years in Risk Quantitative Model development in Financial Services including data preparation and analysis, analysing model assumptions and variable and model selection, AND an MQF Level 6 Bachelor’s Degree in Mathematics, Econometrics or Statistics.

Desirable Criteria

An MQF Level 7 Master’s Degree in Mathematics, Econometrics or Statistics.

In our process of shortlisting candidates for the vacancy, please note that preference may be given to candidates whose profiles best align with the duties and responsibilities of the role.

Applicants must meet the Bank’s minimum standard criteria (4 O’Levels at Grade 5 or C or higher, including English Language) in addition to the specific requirements outlined in this job advert.

Here’s what’s in it for you:

• This Position offers an attractive remuneration package
• Bank Holidays and additional vacation leave days over and above the statutory entitlement
• Free basic health insurance
• Relocation assistance and packages for expats joining the bank
• Accredited training programs from our BOV Learning Academy
• Study leave when employees decide to further their studies on part time basis
• Staff home loan rates for your dream home and other credit facilities at reduced interest rates
• Voluntary Occupation Pension Scheme (VOPS)
• Guarantee of working with an Equal Opportunities Employer as certified by the NCPE
• A budget dedicated to your children’s summer school costs

At BOV Group, we prioritise integrity, ethical behaviour and a strong work ethic. These principles form the foundation of the Bank’s core values: sustainability, excellence, innovation, integrity, and inclusion. All employees are expected to adhere to the Code of Conduct & Ethics, which outlines the standards for professional and personal behaviour. Commitment to these principles is essential for maintaining the BOV Group’s reputation and ensuring a positive, productive work environment.

The Bank ensures a fair, transparent, consistent and non-discriminatory treatment of employees on the basis of gender, gender identity, race, colour, ethnic, or social origin, genetic features, language, religion, or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation.