Credit Risk Model Validation AVP - Banking - London

Job Title: Credit Risk Model Validation AVP - Banking - London
Contract Type: Permanent
Location: London
Salary: £50000.00 - £60000.00 per annum
Reference: BBBH14871_1491897417
Contact Name: George Marks
Contact Email:
Job Published: April 11, 2017 08:56

Job Description

Twenty Financial Services are currently recruiting for a Credit Risk Model Validation AVP for a Tier 1 Bank based in London.

Job Description:

Working within the Risk Department, this person will work primarily within the Credit Risk realm on a variety of Risk Models including those of: Retail and Wholesale Credit Risk; non- traded Market Risk; Operational Risk; stress-testing models and impairment models.

Key Responsibilities:

  • Assessing the performance and quality of existing models against devised standards.
  • Performing validations of new models, including challenging their design and creating new models.
  • Producing validation reports.
  • Analysing the models on a technical level in order to drive improvement.

Key Skills:

  • Reporting to the Team Lead in the Model Risk department.
  • Experience within Credit Risk within a banking background.
  • Strong Model Validation or Model Development skills.
  • Experience in programming languages such as SAS, R or Matlab.

Desirable Skills:

  • Experience in Stress-Testing.
  • Experience in ICAAP Modelling.