Ongoing Validation of IFRS9, IRB and other credit decision and business models
Other objectives include support in ring fence bank waiver application, IRB model roll out, internal and external auditor field work
Perform technical analysis, benchmarking, build challenger models (if needed) to support the review and challenge process for all new and existing risk models
Produce high quality reports and presentations for key stakeholders
Support the line manager in the team in the approval of models
Manage and coach junior team members. Work collaboratively and share knowledge across the team.
Project manage model validations, within tight regulatory and internal deadlines
Ensure accuracy and transparency of documentation and model outputs
Enforce the strict principles of the Model Risk Policy through model approval, rejection and feedback to drive continuous improvements across the bank
Highly numerate, as demonstrated by Honours degree, Masters or PhD (or similar) in a numerate subject such as Mathematics, Physics, Operational Research, or Financial Engineering, or a track record of performance that demonstrates this ability
Significant hands-on experience in credit risk model development, model specification, model selection, model testing and/or validation experience
Excellent knowledge and understanding of a wide variety of model development and validation statistical techniques covering primarily credit risk.
Able to produce high quality written communication including reviews of models, risk policies, and presentations for technical and non-technical audiences.
Able to communicate and influence effectively
Highly organised in terms of documentation and follow through
Ability to work in a high performing team, and the ability to work and liaise with others in a multi-functional team
Experience in delivering against tight deadline
Morgan McKinley is acting as an Employment Agency in relation to this vacancy.
Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.
Internal Number: 5609066
About Morgan McKinley
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