Model Governance Specialist

4 weeks ago


London, Greater London, United Kingdom Interactive Brokers Full time

Job Summary

Interactive Brokers is seeking a highly skilled Model Governance Analyst to join our team in London. As a key member of our model governance team, you will be responsible for developing and maintaining model governance frameworks, ensuring the effective governance and oversight of model identification, development, use, and evaluation processes.

Key Responsibilities

  • Develop and update model tuning plans to ensure accurate and reliable model performance.
  • Maintain model governance framework and keep all supporting documentation up to date.
  • Collaborate with key stakeholders across the organization to ensure effective model governance and oversight.
  • Assess model documentation for completeness against program standards and templates.
  • Perform qualitative and quantitative analysis of financial crime data and develop codes to perform data analyses using Python and SQL.
  • Perform UAT testing of model changes and conduct testing and tuning for AML and Trade Surveillance Reports/Models.
  • Validate algorithm and programming logic in Python, SQL, and Java.
  • Support maintenance of documentation pertaining to tuning reports, tuning schedules, and data analyses.

Requirements

  • Bachelor's or master's degree in computer science or related field.
  • Minimum two years of relevant experience developing, testing, tuning, and validating models at financial institutions.
  • Minimum of two years of experience in relational databases (Oracle).
  • Python or similar scripting language experience.
  • Knowledge of model risk related to AML, Sanctions, and Market Manipulation.

About Interactive Brokers

Interactive Brokers is an online broker offering trading access for experienced traders to products traded on 150 markets and exchanges worldwide. We are a global group of financial services companies with over $12 billion in equity capital and publicly traded under the symbol "IBKR."



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