Model Validation Analyst

£50,000 | London | Permanent

InterQuest

Posted 16 days ago

InterQuest

Currently recruiting on behalf of a well established bank to help them find a Model Validation Analyst.

The Role: As a Model Risk Management Specialist, you will report to the Head of Model Validation and be a key player in the team, responsible for:

  • Reviewing and validating models to ensure compliance with the clients MRM Policy and Standards.
  • Conducting independent validations across the model lifecycle, including new developments, model changes, ongoing monitoring, and implementation.
  • Utilizing quantitative and qualitative techniques to assess models, including developing challenger models and conducting stress testing.
  • Documenting validation findings, presenting independent reviews, and recommending improvements to enhance model performance.
  • Staying updated on regulatory changes, industry practices, and new quantitative techniques.
  • Supporting a strong risk culture within the team and across the business.

What We’re Looking For:

  • Experience: Minimum of 2 years in model development or validation within financial services, consulting, or analytics, with expertise in areas such as credit risk, IFRS9, and stress testing.
  • Technical Skills: Proficiency in SAS & Excel, with desirable knowledge of R, Python, and SAS Viya.
  • Business Acumen: A solid understanding of banking and risk management practices.
  • Communication: Strong verbal and written communication skills, with the ability to influence key stakeholders.
  • Drive: A track record of effective delivery and overcoming challenges to achieve business results.
  • Integrity: High ethical standards, with a commitment to transparency and honesty.

InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.

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