Head of Model Risk
Croydon office location with hybrid working
£105,000 to £120,000 per annum plus Civil Service Pension
Permanent
Full Time
At the Pension Protection Fund (PPF), we provide security in retirement for our members and millions of people throughout the UK who belong to defined benefit (DB) pension schemes. Through the PPF and Financial Assistance Scheme (FAS), we compensate members for their pensions after the employer funding their pension becomes insolvent. In total, we look after over 400,000 members across the PPF and FAS. With over £30 billion in assets under management, our investments support long-term economic growth across the UK.
Our award-winning team of around 450 professionals has earned the IPE UK Pension Fund of the Year title three times in seven years. We work closely with government and industry partners to improve outcomes for scheme members, employers, and the broader pension systemplaying a vital role in strengthening retirement security nationwide.
We are seeking a Head of Model Risk to lead and elevate our model risk oversight, ensuring the integrity, transparency and resilience of the models that underpin our most significant decisions.
As the Head of Model Risk, you will be responsible for the oversight and management of model risk across the PPF. Youll ensure that models used throughout the organisation are appropr...