Senior Model Validation Manager

2 weeks ago


Co West Midlands, United Kingdom MERJE Full time €90,000

Senior Model Validation Manager

Up to £90K + great benefits

Once a week in the Midlands office

The overall purpose of the role is to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities to support effective model risk management. This includes:

  • Line management of Senior Risk Analysts ensuring their ongoing performance is in line with expectations and professional development.
  • Applying specialist subject matter expertise and statistical and analytical knowledge of model validation and verification activities to ensure the team’s validation activity is in line with agreed internal processes.
  • Leading the technical review and challenge of incumbent and new models used across the business, ensuring the models operate within agreed performance and governance standards.
  • Documenting and presenting Validation findings to senior management and the Executive. This includes regular attendance at Model Risk Committee and attendance at other Risk Committees (e.g. Board Risk Committee) as required.
  • Developing and maintaining effective working relationships with a range of key internal and external stakeholders.
  • Supporting broader model risk management initiatives including calibration of risk appetite and ongoing development of appropriate model risk standards. This includes playing a key role in the ongoing SS1/23 internal alignment activity.
  • Ownership of Model Validation Procedures and associated policies (e.g. Model Conservatism) ensuring ongoing relevance and effectiveness.
  • Coordination of Retail Credit Model Committees and Financial Model Committees, ensuring appropriate content and record keeping.
  • Supporting wider Financial and Model Risk team initiatives, including participating in thematic reviews.

Key Requirements:

  • It is essential you have demonstrable experience of advanced internal ratings-based (A-IRB) or Credit forecasting models, ideally in the residential mortgage sector. The role holder is required to have a detailed technical knowledge of risk modelling and components, including of LGD and PD. You will have a breadth of experience of developing or validating models, ideally including IFRS9 plus application and behavioural scorecards.
  • A good understanding of Finance and Treasury models, including behavioural models, would be advantageous.
  • You will have an expert knowledge of regulatory standards and guidance relating to credit risk models. You will understand the regulatory framework and expectations relating to model risk management, ideally with experience of developing and reviewing relevant artefacts (e.g. Policies, Frameworks).
  • You will have excellent stakeholder management skills, with the ability to influence and make a positive impact. You will have prior experience of interacting with senior managers and external stakeholders. You must have strong communication skills, with the ability to explain complex technical matters in a concise and easily understood format to non-specialists with clarity and conviction.
  • You will have demonstrable experience of line management in a technical specialism such as Model Development or Validation. This should include performance management, development, and objective setting. You should be able to work effectively with other members of the risk function and wider business.

**Please Note- Sponsorship cannot be provided for this role**

Send your CV to nmohamed@merje.com



  • West Midlands, United Kingdom MERJE Full time

    Senior Model Validation ManagerUp to £90K + great benefitsOnce a week in the Midlands officeThe overall purpose of the role is to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities to support effective model risk management. This includes:Line management of Senior Risk Analysts ensuring their...


  • West Midlands, United Kingdom MERJE Full time

    Senior Model Validation ManagerUp to £90K + great benefitsOnce a week in the Midlands officeThe overall purpose of the role is to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities to support effective model risk management. This includes:Line management of Senior Risk Analysts ensuring their...


  • West Midlands, United Kingdom MERJE Full time

    Senior Model Validation ManagerUp to £90K + great benefitsOnce a week in the Midlands officeThe overall purpose of the role is to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities to support effective model risk management. This includes:Line management of Senior Risk Analysts ensuring their...


  • West Midlands, United Kingdom MERJE Full time

    Job Description Senior Model Validation Manager Up to £90K + great benefits Once a week in the Midlands office The overall purpose of the role is to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities to support effective model risk management. This includes: Line management of Senior Risk...


  • West Midlands, United Kingdom MERJE Full time

    Senior Model Validation ManagerUp to £90K + great benefitsOnce a week in the Midlands office The overall purpose of the role is to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities to support effective model risk management. This includes: Line management of Senior Risk Analysts ensuring...


  • Co. West Midlands, United Kingdom Harnham Full time £60,000

    Job Title: Senior Credit Risk Model ValidatorWe are seeking a highly skilled Senior Credit Risk Model Validator to join our team at Harnham. As a Senior Credit Risk Model Validator, you will be responsible for validating IRB models and developing challenger IRB models. You will work closely with our credit risk team to ensure that our models are accurate and...


  • West Midlands, United Kingdom Harnham Full time

    Job DescriptionMODEL VALIDATION MANAGER£60,000WEST MIDLANDS (HYBRID) THE COMPANYThis company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really hands-on...


  • Co. West Midlands, United Kingdom Harnham Full time £60,000

    Job Title: Model Validation SpecialistJob Summary: We are seeking a highly skilled Model Validation Specialist to join our team at Harnham. As a Model Validation Specialist, you will be responsible for ensuring the accuracy and reliability of our credit risk models.Key Responsibilities:Validate and verify the accuracy of credit risk modelsDevelop and...


  • Co. West Midlands, United Kingdom Harnham Full time £60,000

    Senior Credit Risk Model ValidatorUp to £60,000 + Pension + BonusWest Midlands – 1 Day Per WeekAn excellent opportunity to take a lead role in a small credit risk team with a well-respected lender where main responsibilities will be validating IRB models and developing challenger IRB models.The CompanyThis challenger bank offers a wide range of products...


  • West Midlands, United Kingdom Harnham - Data & Analytics Recruitment Full time

    MODEL VALIDATION MANAGER £60,000 WEST MIDLANDS (HYBRID) THE COMPANY This company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really hands-on role within...


  • West Midlands, United Kingdom Harnham Full time

    MODEL VALIDATION MANAGER£60,000WEST MIDLANDS (HYBRID) THE COMPANYThis company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really hands-on role within a...


  • West Midlands, United Kingdom Harnham Full time

    MODEL VALIDATION MANAGER£60,000WEST MIDLANDS (HYBRID) THE COMPANYThis company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really hands-on role within a...


  • West Midlands, United Kingdom Harnham Full time

    MODEL VALIDATION MANAGER£60,000WEST MIDLANDS (HYBRID) THE COMPANYThis company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really hands-on role within a...


  • West Midlands, United Kingdom Harnham Full time

    Job Description MODEL VALIDATION MANAGER £60,000 WEST MIDLANDS (HYBRID) THE COMPANY This company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really...


  • West Midlands, United Kingdom Harnham Full time

    Job Title: Senior Credit Risk Model ValidatorJob Summary: We are seeking a highly skilled Senior Credit Risk Model Validator to join our team in the West Midlands. As a Senior Credit Risk Model Validator, you will be responsible for validating IRB models and developing challenger IRB models.About the Role: This is a Manager position that involves being a...


  • Co. West Midlands, United Kingdom Harnham Full time £60,000

    Job Title: Risk Model Validation SpecialistJob Summary: We are seeking a highly skilled Risk Model Validation Specialist to join our team at Harnham. As a Risk Model Validation Specialist, you will be responsible for end-to-end validation of a range of models across the bank, predominantly IRB but also including work on IFRS9, scorecards and wider credit...


  • West Midlands, United Kingdom Harnham - Data & Analytics Recruitment Full time

    Job Title: Model Validation ManagerLocation: West MidlandsSalary: Up to £60,000Harnham are working with a leading challenger bank to bring in a Model Validation Manager to work on a variety of models across the bank.The Company:The company is a growing challenger bank offering a range of products. As a Model Validation Manager, you'll be working within a...


  • West Midlands, UK, UK, United Kingdom Harnham Full time

    MODEL VALIDATION MANAGER£60,000WEST MIDLANDS (HYBRID) THE COMPANYThis company is an exciting challenger bank who are continuing to grow. They offer a range of unique products as part of their lending book and have an excellent team culture. This role offers the chance to gain great exposure across different models and have a really hands-on role within a...


  • West Midlands, United Kingdom Harnham Full time

    The RoleThis exciting opportunity at Harnham allows you to take your career to the next level as a credit risk model validation specialist. As a Model Validation Manager, you will be responsible for the end-to-end validation of a range of models across the bank, predominantly IRB, as well as IFRS9, scorecards, and wider credit models.Your Key...

  • Risk Model Validator

    4 weeks ago


    West Midlands Combined Authority, United Kingdom Harnham Full time

    About the RoleHarnham is seeking a skilled Risk Model Validator to join our team. As a Risk Model Validator, you will be responsible for end-to-end validation of a range of models across the bank, predominantly IRB but also including work on IFRS9, scorecards and wider credit models.Key ResponsibilitiesDeveloping challenger models to champion and challenge...