Senior Model Risk Specialist
2 days ago
Michael Page (UK) is a global Financial Services consultancy firm building out their Risk and Regulation teams. This Senior Manager- Model Risk Management role can be based in multiple offices across the UK.
Job Description
The Senior Manager- Model Risk Management will require candidates to work with a range of senior stakeholders across various functions, including the Business, Model Development, Model Validation, Model Risk Management, Product Control, and Technology, amongst others.
Key Requirements
- Strong understanding of SS1/23 principles and regulatory reforms.
- Strong understanding of other relevant regulatory reforms impacting financial institutions.
- Risk management principles embedded in key policies and standards.
- Model risk appetite statements.
- Model risk measurement and management.
- Governing bodies and committees.
- Regulatory oversight/reporting including local/regional distinctions.
- Technological implications and solutions for MRM.
- Model validation practices, documentation, and standards.
- Proficiency in quantitative financial modelling and data analytics.
- Proficiency in Python (preferred), R, and/or SAS programming languages.
- Deep regulatory knowledge applicable to models.
About the Opportunity
This Senior Manager- Model Risk Management position offers a competitive salary, estimated at £80,000 - £110,000 per annum, depending on experience. The hybrid working pattern allows for flexibility and work-life balance.
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