Credit Risk Model Validation Manager-Wholesale Banking (Hybrid)
The Model Validation Manager will be joining a highly specialised independent validation team with the primary function being to independently review various models developed across the business, highlighting areas of model risk and providing indications as to the magnitude of the risks found.
Key Responsibilities:
Work independently to deliver end to end validation projects to deadlines
Independently plan project milestones
Coach and/or manage analysts within the team,
Review technical documentation describing model development,
Replicate developments, analyse performance and construct challenger models,
Assess adherence to the relevant regulations,
Ensure that models are fit for purpose,
Write technical documents describing the validation,
Present validation findings to senior managers or approval forums.
Key Requirements:
Significant (5+ years) track record of successful delivery in a similar modelling development or validation role in a Financial Services environment.
Proficient in conducting statistical analysis in a coding environment such as SAS, SQL, R or Python.
Experience of interpreting technical documentation.
Ability to condense and explain highly technical subject matter into clear, effective presentation-quality communications to senior management.
Sound understanding of regulatory compliance requirements such as Basel or IFRS9.
Ability to use knowledge and experience to identify and appropriately challenge model proposals and decisions that conflict with regulation or sound credit portfolio management.
Proficiency in managing senior stakeholders.
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