Senior Manager, Validation

2 weeks ago

City of London, United Kingdom Lloyds of London Full time

**Principal Accountabilities**:

- Develop and maintain the approach for model validation, including ownership of the Validation Policy, ensuring Lloyd’s approach remains in line with market good practice.
- To present validation findings to the executive, Risk Committee and Board
- To use validation to draw strategic conclusions about captial adequacy and to challenge the business accordingly
- Deliver model validation in line with the Validation Policy using appropriate tools and working in conjunction with independent experts where required. To establish and maintain relationships with any third party firms to ensure the effective delivery ofvalidation with sufficient independence.
- Lead the co-ordination of validation activity, ensuring all stakeholders are kept well appraised of and engaged in the model validation process, including third parties such as external validators and the PRA. Monitor the delivery of external validationincluding against plan, budget and contractual obligations.
- Prepare internal model validation reports for each model component and for the LIM overall which enables key stakeholders (including the Risk Committee and Board) to understand potential issues and their materiality. Prepare and deliver presentations andother working papers as necessary setting out findings and conclusions of model validation.
- Prepare and maintain a log of validation findings and recommendations. Work in close collaboration with management to maintain and report on the status of validation issues.
- Build and maintain excellent relationships with all relevant Corporation departments and model component owners, including 'Heads of’ functions where appropriate. Most notably, building strong relationships with the Chief Finance Officer, Lloyd’s Actuary,Head of Risk Aggregation and Head of Treasury & Investment Management.
- Lead effective and, where necessary, robust challenge of senior stakeholders on issues related to capital adequacy and model appropriateness
- Lead and support strategic, thematic projects across the risk function and, in particular, focussed on financial risk and capital adequacy.
- Respond with agility to requests (i.e. adhoc projects) from the Chief Risk Officer or Head of Risk Management

**Skills Knowledge and Experience**:

- Demonstrable actuarial and technical risk management skills are essential to be able to define and shape industry leading risk management tools which are tailored to the unique Lloyd’s business model as well as satisfying regulatory requirements.
- Very high degree of stakeholder management and relationship skills to build relationships with a range of senior stakeholders and in particular with the PRA. This will include an ability to actively influence at Executive and Board levels with a confidenceto deliver the right risk outcomes at senior levels of the organisation.
- Cross functional working - the ability to effectively collaborate across teams, including with Compliance and Internal Audit to deliver integrated assurance
- Excellent analytical skills and be able to effectively communicate (in both written and verbal forms) and engage in debate on complex topics. Evidence of influencing outcomes with senior management in both formal (e.g. committee) and informal settings iscritical
- Time management skills - used to working to deadlines and under a certain amount of pressure. Ability to maintain effective personal workload plans that are achievable, prioritised appropriately and meet business objectives.
- Team working - should be used to working as part of a team, making effective contributions to team meetings and team initiatives and also be able to take ownership of tasks and projects whilst often working remotely and without supervision
- Challenge - ability to productively challenge technical experts across Lloyd’s and be robust/resilient under scrutiny
- Advanced relationship management and communication skills - the role will involve a large amount of engagement with stakeholders at various levels across the Corporation, including the production of analysis reports which must be clear, accurate and easilyaccessible to both technical experts and those with a more general understanding of risk management.
- Strong project management skills - to lead and deliver change within areas of responsibility (for example following changes in the regulatory environment)

**Knowledge**
- Expert knowledge of:

- Risk management (including Pillar 2 and the use test)
- Solvency II requirements (including internal model tests and standards)
- Capital modelling
- Integration of the internal model into the risk management system
- Good understanding of the P&C insurance industry
- Understanding and confidence in utilising leadership and management skills

**Experience**
- Qualified actuary with demonstrable track record of professional experience with excellent understanding of the actuarial concepts and techniques required to objectives challenge an internal model
- Experience in dealing with complex regulatory communication and negotiation
- Experience in managing senior stakeholders including challenging or unsupportive stakeholders
- Experience in managing challenging people management issues
- Experience of risk management frameworks, tools and processes

  • Annual Report

    4 weeks ago

    City of London, United Kingdom Manpower Full time

    **An exciting opportunity has arisen for a ARA Validations Analyst, to join our client, a leading global FMCG company with Brands such as Dove, Sure, Persil & Simple based at their headquarters in Blackfriars, London or can be based remotely.** **This is a full-time temporary role until 3rd March 2023 working a 36.25-hour week, to start ASAP.** **This role...

  • Tax Manager

    2 weeks ago

    London, United Kingdom Hays Senior Finance Full time

    Being a Top 50 firm and based in London, the firm is looking to add to their Personal Tax team. Offering some great benefits for their employees, as well as a relaxed approach to being in the office, this is an opportunity you should consider. With it being a smaller office, you will get to know everyone in the office in no time. The role you are applying...

  • Senior Site Manager

    4 weeks ago

    City of London, United Kingdom Morgan Sindall Property Services Full time

    **Permanent - Full Time - 40 Hours** We are looking to recruit two Senior Site Manager to join our team working on a recently secured 15 year framework, initially based from our Liverpool Street, London EC2M office. **About the Role** Working to ensure the successful delivery of schemes on budget, on time and in a safe manner, in accordance with company...

  • Senior BIM Information Manager

    2 weeks ago

    City, United Kingdom DATS Recruitment Ltd Full time

    We are recruiting for a Senior BIM Information Manager to join an innovative team for an engineering & construction consultancy based in Manchester on a permanent staff basis. What does the Senior BIM Information Manager job involve? Create BIM documentation focused on delivering the BIM goals, launching projects collaboratively and driving forward the...

  • Senior MSAT Scientist

    2 weeks ago

    City Of London, United Kingdom Proclinical Staffing Full time

    Senior Scientist MSAT (Cell Process) | Permanent | Biotechnology | GlobalProclinical are seeking a talented Senior Scientist to join a dynamic team, focusing on developing cutting-edge therapies.Responsibilities:- Provide project management and technical expertise to production teams, owning the manufacturing process.- Support development, tech-transfer, and...

  • Senior MSAT Scientist

    2 weeks ago

    City Of London, United Kingdom Proclinical Staffing Full time

    Senior Scientist MSAT (Cell Process) | Permanent | Biotechnology | GlobalProclinical are seeking a talented Senior Scientist to join a dynamic team, focusing on developing cutting-edge therapies.Responsibilities:- Provide project management and technical expertise to production teams, owning the manufacturing process.- Support development, tech-transfer, and...

  • Senior MSAT Scientist

    2 weeks ago

    City Of London, United Kingdom Proclinical Staffing Full time

    Senior Scientist MSAT (Cell Process) | Permanent | Biotechnology | Global Proclinical are seeking a talented Senior Scientist to join a dynamic team, focusing on developing cutting-edge therapies. Responsibilities:- Provide project management and technical expertise to production teams, owning the manufacturing process.- Support development, tech-transfer,...

  • Senior MSAT Scientist

    2 weeks ago

    City Of London, United Kingdom Proclinical Staffing Full time

    Senior Scientist MSAT (Cell Process) | Permanent | Biotechnology | GlobalProclinical are seeking a talented Senior Scientist to join a dynamic team, focusing on developing cutting-edge therapies.Responsibilities:- Provide project management and technical expertise to production teams, owning the manufacturing process.- Support development, tech-transfer, and...

  • Senior MSAT Scientist

    1 week ago

    City of London, United Kingdom Proclinical Staffing Full time

    Job DescriptionSenior Scientist MSAT (Cell Process) | Permanent | Biotechnology | GlobalProclinical are seeking a talented Senior Scientist to join a dynamic team, focusing on developing cutting-edge therapies.Responsibilities:- Provide project management and technical expertise to production teams, owning the manufacturing process.- Support development,...

  • Model Validation Manager

    2 weeks ago

    London, Greater London, United Kingdom Deutsche Bank Full time

    Model Validation Manager - VP Job ID:R Full/Part-Time: Full-time Regular/Temporary: Regular Listed: Location: London

  • Senior Manager

    3 weeks ago

    City of London, United Kingdom Amazon Full time

    Amazon is looking to hire for an exciting opportunity within our highly specialized VAT team. This is a brand new role for a Senior Manager to focus on evolving VAT rules and driving risk management strategy across the European region. This strategic Senior Manager role will play a pivotal role in current and future VAT strategy, projects and advisory...

  • Senior Project Manager

    7 days ago

    City of London, United Kingdom Brandon James Ltd Full time

    A leading, forward thinking, multi-disciplinary consultancy are looking to bring in a dynamic Senior Project Manager with a background on build sector projects within a consultancy environment. They have six offices across the UK and have a vast array of residential/commercial projects coming up and need a strong Senior Project Manager lead to take on a...

  • Risk Model Validation Specialist

    4 weeks ago

    London, United Kingdom Solytics Partners LLC Full time

    We are seeking a highly skilled Risk Model Validation Analyst to join our team. The ideal candidate will have expertise in Python programming and a deep understanding of risk models, including Value-at-Risk (VaR), Stressed VaR, Risk Not In VaR (RNIV), Incremental Risk Charge (IRC), Haircuts, EEP, Stress Testing, Fundamental Review of Trading Book (FRTB),...

  • Senior Salesforce Administrator

    5 days ago

    City of London, United Kingdom Computer Futures Full time

    An exciting and growing, values-driven business are hiring a Senior Salesforce Administrator to head up their Salesforce CRM system. This is a Lead role and the most senior Salesforce hire reporting to the Chief Operating Officer. As Senior Salesforce Administrator, you will manage continued system activity while also considering configurations and modules...

  • Risk and Model Validation Opportunities

    7 days ago

    London, United Kingdom Oliver James Associates Full time

    Do you have strong Capital background but are looking for something more qualitative? Are you interested in exposure to senior stakeholders? We are currently working on varied Capital Model Validation & Risk Management opportunities within Lloyd's syndicates and personal lines insurers. Please call Ross Anderson on 020 3861 9206 to discuss confidentially.

  • Senior Marketing Manager

    4 weeks ago

    City of London, United Kingdom BMS Performance Ltd Full time

    **The Role of Senior Marketing Manager**: Exciting opportunity for a Senior Marketing Manager to move up the career ladder, develop their skills through innovative internal and external training, and join a growing B2B events company. This role will report directly into the Head of Marketing, managingtwo Marketing Executives, and working within a wider...

  • Market Risk Model Development

    4 weeks ago

    London, United Kingdom eFinancialCareers Full time

    **Company Summary**: A global investment bank are currently seeking a driven and motivated Market Risk Model Validator to work alongside the Front Office on developing bench marking models. The successful applicant for this role will be responsible for ensuring the front office models are properly reviewed. **The individual will be responsible for**: -...

  • Senior Marketing Manager

    4 weeks ago

    City of London, United Kingdom BMS Performance Ltd Full time

    The role of **Senior Marketing Manager**: This is an exciting opportunity for an experienced B2B marketer to join a rapidly expanding business. As a Senior Marketing Manager, you will be responsible for the strategic planning, design, implementation and execution of innovative international campaigns,deploying online and offline direct marketing...

  • Senior Engineer

    1 week ago

    City of London, United Kingdom Randstad Construction and Property Full time

    Randstad CPE is currently recruiting for a Senior Engineer with Civils experience to work on a major project in East London. You will be joining a prestige principal contractor who are currently working on a variety of civil projects across London. Benefits: A chance to work for a prestige principal UK contractor. Competitive package Good opportunity to...

  • Senior HR Manager

    5 days ago

    City of London, United Kingdom Oakleaf Executive Full time

    Job DescriptionJob Title: Senior HR Manager - London Office (3 days)Company Overview: We are working with a prestigious, US-headquartered, global law firm who have a reputation for excellence. With offices around the world, they pride themselves on their collaborative culture and dedication to fostering talent. This well-established law firm are seeking a...