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MODEL VALIDATION MANAGER

MODEL VALIDATION MANAGER

Posted 17 November 2023 by Harnham - Data & Analytics Recruitment
Easy Apply Ended

MODEL VALIDATION MANAGER

£60,000 - £80,000 + Competitive Bonus & Benefits

MANCHESTER, Hybrid

THE COMPANY

Join a leading Tier 1 bank that is pushing boundaries in data, not only have they continued to grow and build out further capabilities throughout the recent post-pandemic world, but they have also developed a sustainability-first approach, allowing you to uphold your ethics whilst working in one of few financial services companies that leverages cloud infrastructure! This is a rare opportunity to join a globally renowned bank that puts their employees and customers first. You will receive un-rivalled training opportunities from various technology providers, giving you the chance to define and build out your career!

The Bank continues to undergo major growth and is looking to hire a Model Validation Manager to play a key role in ensuring accuracy and reliability in the bank's financial models and risk assessment tools.

THE ROLE

As Model Validation Manager, you will be part of the highly specialised Independent Validation Team responsible for reviewing models from all areas of the bank, giving you the opportunity to gain an exceptional level of exposure and learning. The team has a diverse remit including capital IRB, Stress testing and IFRS9 models across all portfolios at the Bank.

Main responsibilities:

  • Conducting validation of IFRS9 models across all lending portfolios, encompassing mortgages, SME, and retail credit.
  • Examining technical documentation that expands on model evolvement, preparing and delivering comprehensive model validation documentation
  • Duplicating model advancements, assessing model efficacy, and developing counter models for comparison.
  • Scrutinising monthly impairment results and pertinent post-model adjustments.

YOUR SKILLS AND EXPERIENCE

  • IFRS9 expertise is a key requirement.
  • Experience in stress testing, particularly using IFRS9 data is desirable.
  • Both model development and validation backgrounds are acceptable.
  • Proficiency in either SQL, SAS, R or Python.
  • Strong numerical-based degree.
  • Good communication skills.

THE BENEFITS

  • Up to £80,000 + £6,000 allowance + up to 40% bonus.
  • Hybrid working - extremely flexible model.
  • 25 days holiday.
  • Unrivalled career progression and development.

HOW TO APPLY

Please register your interest by sending your CV to AMY TOPCAKAN via the Apply link on this page.

Reference: 51650775

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