This Job Vacancy has Expired!

(Manager) Model risk oversight

Posted on Jan 23, 2019 by Parallel Consulting

City, London United Kingdom
Accountancy
Immediate Start
£43k - £65k Annual
Full-Time

(Manager) Model risk oversight

Location: Central London

Salary: £43,000 - £65,000

Client description: My client is a household name and an ambitious lender in their field, they have one of the best analytics divisions in the country, giving you the opportunity to work with the best analytical minds within the industry. My client has brilliant customer-focused values and looks to provide superb guidance so that the best service can be delivered to customers. This role is suitable for an individual that is looking to take a step into management whilst taking lead in the delivery of strategic projects.

Key day to day tasks:

  • You will be providing opinion on suggestions surrounding model redevelopment and calibration whilst monitoring the impacts of implemented change.
  • You will be working with prudential oversight and the model risk oversight team to develop policy and provide constructive feedback on the risk within treasury and finance.
  • You will be required to present validation and reporting on models relevant to financial risk regulation to governance committees.
  • Work with your team to support validation, with backtesting and stability analysis.
  • You will have oversight over a small team of modellers to review active progress.

Requirements:

  • You will have 5+ years' experience working with a variety of financial products paired with experience in specifics functions such as model risk/treasury.
  • Experience working within quantitative risk around model methodology coupled with previous model validation.
  • You will have previous experience using statistical and analytical programs preferred but not mandatory (SAS/SQL/R/Python).
  • Be able to demonstrate working knowledge of model risk regulations such as IRRBB/EBA/PRA.
  • A forward-thinking mindset with strong communication and senior stakeholder management.

Desired:

  • Immediate start (But can wait for notice)
  • Academic background in Statistics/Finance/Math

Parallel Consulting is acting as an Employment Agency in relation to this vacancy.

Reference: 628881655