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Model Validation Manager

  • Location: Manchester
  • Salary: £65,000 - £86,000 per year
  • Job Type:Permanent

Posted 3 months ago

  • Sector: Credit Risk & Analytics
  • Contact: Nuhaa Mohamed
  • Contact Email: nmohamed@merje.com
  • Contact Phone: 0161 883 2762
  • Expiry Date: 05 February 2024
  • Job Ref: NM/11138

Model Validation Manager- Manchester (Hybrid)- up to £90K

My Client is on the search for a Model Validation Manager to join their team.  You will be able to independently review models from all areas of the business and gain an exceptional level of exposure and learning. The team has a diverse remit including capital IRB, Stress testing and IFRS9 models across all portfolios.

Key Responsibilities:

Reviewing technical documentation describing model development and validation whilst assessing adherence to the relevant regulatory environment.

Replicating model developments, analysing performance, and constructing challenger models

Preparing detailed documents, including appropriate analysis, for audit and regulatory review, which clearly communicate model risks.

Managing a technical analyst to deliver against targeted plans whilst working independently to deliver validation projects to deadlines.

Building collaborative relationships across the business with key stakeholders including Director level and presenting validation findings to approval committees keeping communication focussed and engaging for the audience.

Key Requirements:

Significant and extensive track record of successful delivery in a statistical analysis or modelling role.

Proven experience in interpreting technical documentation and regulatory compliance to produce written reports targeted to specific audiences which challenge model proposals and convey model risk in a clear and concise manner.

Experience leading a technical analyst - capable of building and maintaining a high performing working relationship to ensuring goals are met,

Proven ability of conducting statistical analysis in a coding environment such as SAS, SQL, R or Python

If interested, send your CV over to nmohamed@merje.com