Join us as aModel Risk ValidationOfficer
- This is anopportunity for a passionate and driven riskspecialist
- We’ll look to you to review andvalidate credit risk models
- It's an ideal roleto gain detailed exposure to the developing world of model risk, aswell as to a range of stakeholders and seniorexecutives
Whatyou'll do
This rolewill see you validate our credit models to identify modellimitations and assess the models against external regulation,internal policies andstandards.
We’ll also look toyou to perform challenger model development and sensitivityanalysis to assess the adequacy of modelling or data assumptions,documenting all the analysis in a succinct and clearmanner.
Your responsibilitieswill alsoinclude:
- Managingyour validation projects and communicating progress and issues tostakeholders
- Making sure that the management ofmodels aligns with our model risk policy, and undertaking modelrisk assessments to identify potentialrisks
- Providing expert advice on aspects ofrisk management, including providing senior executives withrelevant MI and reports, escalating concerns whereappropriate
Theskills you'llneed
We’re lookingfor someone with a quantitative degree and experience ofdeveloping, reviewing, validating and implementing analyticalcredit risk measurement tools. You should have a soundunderstanding of IRB requirements and good Pythonskills.
We’ll alsoexpect:
- Knowledgeof IFRS9 standards
- The ability to communicate,both verbally and in writing, to seniorcolleagues
- Excellent attention todetail
We believe in taking responsibility, and that we all have a part to play in creating the world we want. That’s why we’re empowering our 14 million personal, small business and SME customers in England and Wales, making it easier to control their money when and how they want to. From our branch network to our 24 hour contact centres, and from customer AI to our multi award winning app, we’re making banking simple and secure. And we’re making the most of our data, using what we know to be proactive and help our customers through the moments that shape their lives. We’re supporting the UK economy by lending more to British businesses than any other bank. And through our Entrepreneur Accelerator hubs around the country, we’re standing behind the drivers of tomorrow’s growth. Our culture is defined by opportunity and inclusion. We want all our people to be able to be their full selves at work, and to take control of their career destiny. So we’re providing great training, making it easy to learn, develop and progress, whatever your background. If you’re engaged, proactive, and customer led, there’s a place for you with us.
