Manager - Model Risk Management

Sorry, applications for this particular Job have now closed.

• Location: London
• Job type: Contract
• Sector: Banking

Role Overview: This is a front-office quant contract rolefocused onanalytics integration and st

View job & apply

• Location: London
• Job type: Permanent
• Sector: Commerce and Industry, Banking, Financial Services

View job & apply

• Location: London
• Job type: Permanent
• Sector: Banking

An exciting opportunity to join a Global Investment bank in London as a key member of the FICC Qu

View job & apply

• Location: London
• Job type: Permanent

Director - Quant Developer, Cross-Asset Analytics Platform Top Investment Bank London Hybrid

View job & apply

Exotic Equities Derivatives Quant - £1,500/day Contract, 6-12mth (Dir Level)

• Location: London
• Job type: Contract
• Sector: Banking

Our client is a Tier 1 Investment Bank who urgently need a Senior Director Level, Equity validati

View job & apply

Senior Quantitative Researcher - HFT

• Location: International
• Job type: Permanent
• Sector: Asset Management & Funds

Join a globally renowned high-frequency trading firm and a highly respected, multi-strategy hedge

View job & apply

Liquidity Risk Investment Management

• Location: Qatar
• Job type: Permanent
• Sector: Asset Management & Funds

A leading investment fund is seeking a liquidity risk specialist to join their investment risk te

View job & apply

• Job type: Permanent

A high profile investment fund is seeking an experienced investment risk professional to join its

View job & apply

• Location: London
• Salary: up to £70,000
• Job type: Permanent

We're working with a leading asset manager seeking a talentedInvestment Risk Analystto jo

My client is a leading asset financing business. The Model Risk Management (MRM) team are responsible for the design and maintenance of the Bank's Model Risk Management policy and framework, ensuring comprehensive model governance and carrying out model validations and reviews across all the Banks models. The team is based in London and India and work on a hybrid basis with 2 days in the office.

Key Responsibilities

• Developing and maintaining the Model Risk Management Policy and Model Risk Management Frameworks to ensure continued compliance with changing regulatory and corporate requirements
• Maintaining the model inventory by working with model owners, model developers and independent validation teams to ensure that models are catalogued, monitored, developed, validated, remediated and approved in line with policy and frameworks
• Developing and implementing methods for measuring and reporting model risk, including inherent model prudence and the setting of model risk appetites in line with the Risk Appetite Framework
• Proposing and assessing Post-Model Adjustments to counter model limitations and mitigate model validation findings
• Assessing and presenting model validation findings to governance committees as part of the model approval process
• Researching and proposing model validation concepts to inform independent validation activities
• Performing model validation where allowable whilst ensuring independence from model development

Requirements:

• Significant prior experience of model validation and/or model development for credit risk, preferably in retail, corporate/wholesale also potentially relevant.
• Practical understanding of model validation techniques particularly on retail credit risk, IFRS9, and IRB models.
• Knowledge of model risk management regulations and standards in the UK and EU.

Candidates will likely be working in the model risk or development team of a retail bank, challenger, consumer finance firm or consultancy specialised within credit risk.

We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.

Barclay Simpson acts as an Employment Agency for permanent positions and an Employment Business for temporary/contract engagements.