VP Model Risk Validation- Financial Services- London

Job Title: VP Model Risk Validation- Financial Services- London
Contract Type: Permanent
Location: City of London, London
Salary: £70000.00 - £80000.00 per annum
Reference: BBBH14505_1488813183
Contact Name: Charlotte Emms
Contact Email:
Job Published: March 06, 2017 15:13

Job Description

Job Title: VP Model Risk Validation

Contract Type: Permanent

Location: City of London

Industry: Financial Services

Salary: 70000-80000

Company Description:

A Tier 1 Bank is looking for someone to join their Validation team.

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.

What's in it for you?

This is a fantastic opportunity to work in a world-leading bank in a central location with a competitive salary and remuneration package.

Next Steps

If you are interested, please contact me on 0203 854 0003 or drop me an email.