Senior Risk Manager Lead

5 days ago


Coventry, Coventry, United Kingdom Coventry Building Society Full time

About the Role

The Coventry Building Society is seeking a Senior Risk Manager Lead to manage and lead a team of Senior Risk Analysts who focus on technical model validation and verification activities to support effective model risk management within the organisation.

Key Responsibilities

  • Oversee the performance and professional development of Senior Risk Analysts, ensuring their work aligns with internal expectations.
  • Apply specialist expertise in statistical and analytical methods to guide the team in ensuring that validation processes adhere to defined technical requirements and governance procedures.
  • Lead the technical review and challenge of both existing and new models used across the Society, ensuring these models function to defined performance and governance standards.
  • Prepare and present Validation reports to the Model Risk Committee and regularly attend other risk committees, such as the Board Risk Committee.
  • Coordinate the Retail Credit Model Committees and Financial Model Committees and build and maintain effective relationships with internal and external stakeholders.
  • Support broader model risk management initiatives, including calibrating risk appetite and contributing to the development of appropriate model risk standards and regulatory alignment activity.
  • Own Model Validation Procedures and related policies, such as Model Conservatism, ensuring these policies remain relevant and effective.

What We Offer

  • 28 days holiday a year plus bank holidays and a holiday buy/sell scheme.
  • Personal pension with matched contributions.
  • Life assurance (6 times annual salary).
  • Health Screening - Eligible.
  • Discretionary Bonus scheme up to 20%.

We reserve the right to close this advertisement early if we receive a high volume of suitable applications.


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