Risk Model Analyst

5 days ago


Manchester, United Kingdom Co-operative Bank plc Full time
{"title": "Senior Analyst (Model Validation)", "description": "Join Our Team as a Senior Analyst (Model Validation)

We are seeking a highly skilled Senior Analyst (Model Validation) to join our team at Co-operative Bank plc. As a Senior Analyst, you will be responsible for ensuring the Bank's IRB models comply with Model Risk internal governance requirements and that all new models and model changes are independently reviewed.

Key Responsibilities:

  • Analyse and discuss monitoring and other reports to support decision-making regarding model risks across the Bank.
  • Advise the Bank's model users on model risk-related issues.
  • Support the independent model validation manager in the production of key documents for relevant committees across the Bank and escalating unresolved model risks via the Bank's governance framework.

Requirements:

  • Proficient in the use of SAS statistical software. Knowledge of complex Excel functions in addition would be an advantage.
  • Statistical modelling and model monitoring experience.
  • Experience of developing or validating retail or corporate credit risk models required.
  • Experience of IFRS9 modelling, or models used for Concentration Risk/Operational Risk/Finance/Liquidity Management is an advantage.
  • Awareness of Regulatory Framework and Requirements for models.

What We Offer:

  • Flexible and home working.
  • Annual bonus scheme.
  • 27 days holiday rising to 30 with service, plus opportunity to buy 5 extra days.
  • Competitive pension with up to 10% employer contribution.
  • Income protection / life assurance.
  • Wellbeing support 'Help@Hand' offers mental health support, physiotherapy, GP's for both you and your family.
  • 2 paid days for volunteering per year.
  • 'MyReward' corporate discount for over 800 retailers and Cycle to Work Scheme.
  • Family friendly policies and supportive working environment.
  • Colleague network groups committed to inclusion and diversity within our Bank.
", "lang_code": "en"}
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