Performance Analysis Engineer

4 weeks ago


Lancaster Lancashire, United Kingdom Company: Full time

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About this position:We currently have a great opportunity for a Model Assurance Framework Engineer on a contract basis with a global engineering solutions company who have a proven track record serving the product lifecycle needs of high technology companies.Job Responsibilities:* Develop and implement a comprehensive model assurance framework to guarantee the accuracy, reliability, and compliance of our models.* Collaborate with stakeholders to define requirements, establish standards, and design processes for model validation and verification.* Design and automate test cases, scripts, and procedures to assess the performance and functionality of models under various scenarios.* Conduct thorough reviews of model documentation, code, and assumptions to identify potential errors or discrepancies.* Work closely with data scientists, analysts, and developers to integrate quality assurance practices into the model development lifecycle.* Perform root cause analysis of model failures and implement corrective actions to prevent recurrence.* Provide technical guidance and support to teams on best practices for model testing, validation, and deployment.* Stay informed about industry regulations, standards, and emerging technologies related to model assurance and incorporate relevant insights into our framework.* Participate in cross-functional meetings, workshops, and training sessions to foster collaboration and knowledge sharing across teams.Experience Required:* Bachelor's degree or higher in computer science, engineering, mathematics, or a related field.* Proven experience in developing and implementing quality assurance frameworks for complex software systems or mathematical models.* Strong proficiency in programming languages such as Python, Java, or R, with experience in test automation and scripting.* Solid understanding of statistical methods, mathematical modelling techniques, and data analysis tools.* Familiarity with regulatory requirements and industry standards related to model risk management (e.g., SR 11-7, CECL, IFRS 9).* Excellent analytical skills with the ability to identify patterns, trends, and anomalies in data.* Experience with DEF-STAN-00-970* Experience with RA5812 and RA1210 standardsOther:Due to SC requirements these posts are open to SOLE UK NATIONALS ONLY
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