Contract: 6 months Flexibility: Hybrid Location: London, UK About Client We are hiring for a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, here for good. The Key Responsibilities The purpose of this role is to join the Model Change Management team covering all FM asset classes with an initial focus to manage the delivery for a brand-new modelling initiative for MAG to build, implement and maintain models for counterparty credit risk measurement and management as part of a regulatory change programme to deliver solvent trading book wind-down for 1 March 2025 requirement (‘TWD’).The role requires close interaction with the traders and FM COOs, MAG quant and Core Strats colleagues, Traded Risk Management counterparty credit risk leadership, FM IT, Valuation Control and Finance. Core responsibilities for the role are: Support the modellers developing, implementing and maintaining counterparty credit risk models Discovery of information about existing system and translate that into implementation specifications for developers Design and execute tests to analysis the output of Cortex models and compare it with legacy system, identifying differences and recommending possible corrections Identify data gaps. Build a strong and effective relationships with front-to-back stakeholders including the Business, COO, Quants, Risk, Finance and Technology teams. Help with model documentation and submission as necessary. In addition, secondary responsibilities include: Support management of the TWD project covering the development, delivery and roll out of the Cortex Analytics and SABRE platform. Chair weekly Working Groups and monthly project steering committees with key stakeholders. Identify risks, issues, and dependencies, propose mitigating steps. Manages escalations, ensures the project team addresses issues and questions pro-actively and diligently. Be able to deep dive in questions whenever required. Always balance tactical deliveries - supporting business needs - with the long-term strategic development of the platform. Manage the technical debt. Ensure projects respect internal policies and frameworks, set the projects ready to pass internal audits.