Salary: National (Edinburgh and Leeds) ranging from £53,800 to £67,200 and London from £59,200 to £73,800 (salary offered will be based on skills and experience)
Role Responsibilities
* Contribute to the development and embedding of the model risk management framework, supporting training, communication and adoption across the FCA
* Provide oversight, guidance and constructive challenge to first line of defence (1LOD) model development and governance activities
* Work closely with modelling teams to support model risk assessments, evaluate controls, advise on validation approaches and help ensure model inventory data is accurate and complete
* Support assurance activities such as independent model validations and thematic reviews
* Support the maintenance and ongoing development of the FCA Model Inventory, including contributing to data analysis and reporting for senior stakeholders
* Work collaboratively with R&CO colleagues to stay informed on developments across risk and contribute to updates on internal AI and model risk
* Build and maintain a network across key 1LOD areas (e.g. Advanced Analytics, Data Management, AI Governance) and stay up to date with developments in AI and Model Risk Management
* Adhere to the FCA values and ways of working in the delivery of outcomes
Minimum Skills Required
* Experience delivering modelling, machine learning, or data science projects
* Experience contributing to the implementation of a model risk framework, including supporting training, guidance, or communications
* Practical coding experience in Python, SQL, or R
Essential
* Good knowledge of a range of modelling and machine‑learning techniques
* Interpersonal skills, with the ability to provide clear, balanced and practical advice
* Experience working with stakeholders, with the confidence to engage effectively across different teams
* A collaborative approach, building positive working relationships to reach shared outcomes
* Good organisational skills, with the ability to manage competing priorities and deliver high‑quality work to deadlines
* Problem‑solving ability, applying sound judgement and making evidence‑based recommendations
* Able to adjust and work effectively in a changing environment
Benefits
* 25 days annual leave plus bank holidays
* Non‑contributory pension (8–12% depending on age) and life assurance at eight times your salary
* Private healthcare with Bupa, income protection and 24/7 Employee Assistance
* 35 hours of paid volunteering annually
* Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
* A flexible benefits scheme designed around your lifestyle
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