Lead QRM Model Developer

Company: Coventry Building Society
Apply for the Lead QRM Model Developer
Location: Coventry
Job Description:

Salary: £38,000 – 55,000 per year

Requirements

  • Significant experience developing and enhancing QRM models within a retail banking environment.
  • Strong background in financial services forecasting, balance sheet modelling, Asset & Liability Management (ALM) and Interest Rate Risk in the Banking Book (IRRBB).
  • Proven experience configuring and developing within QRM, including behavioural modelling, assumptions management, scenario capability and system configuration.
  • Thorough understanding of relevant prudential regulations and accounting standards.
  • Experience producing model development documentation, committee papers and governance materials for senior stakeholders and governance committees.
  • Ability to build effective working relationships across Finance, Treasury, Risk and Product teams, as well as with external suppliers and partners.
  • Strong analytical and problem-solving skills, with experience working with large and complex datasets.
  • Experience operating within robust model governance and control frameworks, including engagement with assurance, validation or second line teams.
  • Confidence presenting technical concepts, modelling approaches and outputs to senior stakeholders and governance forums.

Responsibilities

  • Lead the development, enhancement and maintenance of our Group QRM forecasting and balance sheet models.
  • Ensure our QRM models remain robust, well-governed and aligned to regulatory expectations.
  • Develop forecasting and behavioural models across a range of banking products.
  • Support transformation initiatives and provide technical expertise to internal stakeholders and external QRM partners.
  • Work across Finance, Treasury, Capital Planning, Risk and Product teams to support financial, treasury and risk management decisions.
  • Contribute to governance forums, including Group Asset & Liability Committee (GALCO).
  • Engage regularly with senior stakeholders and present modelling concepts, approaches and outputs.
  • Help deliver modelling solutions that influence profitability, liquidity, capital planning and long-term business strategy.
  • Support high-profile projects linked to our transformation programme, including system integration, treasury change initiatives and expanded product modelling capabilities.

Technologies

  • Support

More

We are Coventry Building Society, following our 2025 purchase of The Co-operative Bank, bringing together our purpose-led building society with the UKs original ethical bank. Trusted by over four million people, we are a mutually owned business free from shareholders, with nearly 300 years of combined experience and a shared ethical approach to our members, customers and colleagues. We are officially recognised as a Great Place to Work and offer benefits including 28 days holiday plus bank holidays, a holiday buy/sell scheme, annual discretionary bonus, matched pension contributions, life assurance, private medical insurance, and a car allowance of 5,500. We work in a team-led hybrid way, with at least one day a week in our Coventry or Manchester office, and we support flexibility wherever possible. We are committed to equality, diversity and wellbeing, and we are proud to be a Disability Confident Committed Employer.

last updated 36 week of 2026

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Posted: September 20th, 2026