Assistant Risk Modelling Manager Job in Osb India

Assistant Risk Modelling Manager

Location: Bengaluru

Department: Risk & Modelling

About OneSavings Bank (OSB) Group

OneSavings Bank (OSB) Group is a specialist lending and retail savings group listed on the London Stock Exchange and a member of the FTSE 250. Headquartered in Chatham, Kent, OSB is regulated by the Prudential Regulation Authority and the Financial Conduct Authority.

OSB focuses on niche lending markets offering high growth and strong risk-adjusted returns, including:

• Buy-to-Let and commercial mortgages
• Residential development finance
• Specialist residential lending and secured funding lines

We operate under trusted brands such as Kent Reliance, CCFS, InterBay Commercial, Prestige Finance, and Heritable Development Finance.

Retail savings are primarily sourced through Kent Reliance via branches, online, and postal channels. Our offshore delivery and support operations are handled by OSB India, with offices in Bengaluru and Hyderabad.

About OSB India Pvt Ltd

OSB India, a wholly owned subsidiary of OSB Group, plays a critical role in delivering operational and customer support services. Since 2004, OSB India has focused on service excellence, process efficiency, and continuous improvement for the group s UK operations.

Role Overview

As the Assistant Risk Modelling Manager, you will support capital and impairment reporting, provide deep data insights, and contribute to strategic projects. This role involves analysis, stakeholder collaboration, and ensuring regulatory and internal compliance.

Key Responsibilities

• Lead and support monthly IFRS9 impairment and IRB RWA reporting with trend analysis and insights
• Provide analytics to support collections and help define operational priorities
• Drive and deliver strategic projects, managing timelines and stakeholders
• Assist with IFRS9 engine code changes, conduct impact assessments, and challenge trends
• Identify process and model weaknesses and develop mitigating solutions
• Produce clear, insightful commentary for credit and audit committees, including regulatory teams
• Ensure compliance with model execution and operational risk requirements
• Maintain adherence to Finance, Risk Management, and Data Governance Policies
• Build strong working relationships with UK stakeholders and capture clear requirements
• Complete all mandatory compliance training and attestations

Experience Required

• Minimum 7+ years in a related role in retail or mortgage finance
• Extensive hands-on experience in SAS, SQL, and advanced Excel
• Proven ability to generate and present detailed analytical and reporting outputs
• Experience with impairment/capital modelling processes (preferred)
• Comfortable managing priorities, leading tasks, and collaborating with international teams

Technical & Functional Skills

• Expert in SAS and SQL for data analysis and reporting
• Working knowledge of IFRS9 (impairment) or IRB (capital) frameworks
• Understanding of probability/statistics in a financial risk context (preferred)

Core Competencies

• Strong analytical thinking and problem-solving skills
• Effective communication skills, both written and verbal
• Ability to deliver clear, actionable reports to senior stakeholders
• Self-motivated with a proven ability to learn new technical skills and tools

This role is an exciting opportunity to work at the intersection of data, risk, and strategy within a dynamic and growing financial group. If you have a strong analytical mindset and are looking to influence real business decisions, we'd love to hear from you.