Job Description
About the role
We have a new role that sits within our Financial and Model Risk (FaM) Function for a Lead Analyst focused on Technical Model Validation.
This is a 12-month Fixed Term Contract position.
FaM are a trusted advisor and critical friend to the 1st line of defence. Our key purpose is to enable the business to make effective risk-based decisions, considering the prudential regulatory framework and underpinned by robust controls and governance.
The Lead Analyst plays a key role in the independent validation of the Groups critical model and calculator estate and ensuring that recommendations are tracked and completed in a timely manner. The role focuses on the validation of the most technically complex and impactful models within the Group including, but not limited to, regulatory capital modelling (AIRB), provision modelling and forecasting.
The role holder will be responsible for the technical review and challenge of new and existing model developments. They will undertake in-depth, end to end assessments of model design, development, and implementation processes to ensure alignment with internal and regulatory expectations as well as create challenger models.
There are no direct reports for this role, however support from within the broader Financial & Model Risk team can be utilised to help with the delivery of validations.
As this is a se...