Head of Risk Model Validation - London

Recruiter
BCT Resourcing
Location
London (Greater)
Posted
11 Feb 2018
Closes
21 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Head of Model Validation
London
Salary £DOE

Brand new requirement on behalf of a fast growing challenger bank for a model validation specialist in Central London to support my clients development of their model risk framework. Playing a key role across the development, implementation and evolution of model validation.

Responsibilities:

* Participate in the creation of a framework in relation to validation procedures and implementation of models across the bank
* Nurturing and leading a team of validation specialists
* Develop and implement the Group's target state operating model for a 2nd Line Model Validation function aligned to the AIRB project roll out.
* Define and communicate an approach and plan for designing and implementing the core components of the model risk validation function aligned to regulatory and industry standards.
* Review and validate existing and new risk models to establish their accuracy and suitability
* Provide expert support and guidance to all stakeholders on model development and validation activities

Required experience:

* Hands on experience developing and enhancing financial and credit models
* Advanced understanding of model validation techniques for all credit risk model types and working knowledge on market risk and investment type models
* Experienced managing and developing team of modellers/validation specialists
* Good understanding of AIRB and IFRS 9 modelling regulatory requirements

Send your CV ASAP to be considered for this role as this will not be on the market for long!

Keywords: Credit Risk, IFRS9, IRB, Regression, Linear, Scorecard, Application, Behavioural, Triad, Blaze, Portfolio, Collections, SQL, R, Pyhton, Matlab, Risk Decisioning, Analytics, Decision Science
This job was originally posted as www.jobsite.co.uk/job/960137906

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