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Job Details

Model Risk Validation Officer

Edinburgh, United Kingdom, Permanent

Posted: 2 days ago

Description:

Join us as a Model Risk Validation Officer

  • This is an opportunity for a passionate and driven quantitative risk specialist to join our business
  • We'll look to you to review and validate various pricing, valuation and finance models relating to wholesale, commercial and retail portfolios across all of our business units and legal entities
  • It's an ideal role to gain detailed exposure to the developing world of model risk, as well as to a range of stakeholders and senior executives


What you'll do

As a Model Risk Validation Officer, you'll be undertaking analysis to make sure that all sources of model risks are adequately highlighted as well as assessing the models' compliance with regulations, internal policies and standards.

You'll also be:

  • Making sure that model risk management aligns with our model risk policy, and undertaking model risk assessments to identify potential risks
  • Performing sensitivity analysis to assess the adequacy of modelling or data assumptions, documenting all the analysis in a succinct and clear manner
  • Preparing checklists for various validation activity to make sure that appropriate controls are established and consistently followed
  • Providing expert advice on aspects of risk management, including providing senior executives with relevant MI and reports


The skills you'll need

We're looking for someone with a quantitative degree and experience of developing, reviewing, validating and implementing analytical solutions or risk measurement tools.

You'll also need:

  • An understanding of programming languages such as Python
  • Excellent attention to detail
  • The ability to communicate, both verbally and in writing, to senior colleagues

Job Details

1305777047
Full Time
Edinburgh, United Kingdom
Permanent