Senior Validation Lead
4 days ago
Salary: Up to £90,000
Job Overview:MERJE is seeking a Senior Validation Lead to manage and direct a team of Senior Risk Analysts focused on technical model validation and verification activities.
Key Responsibilities:- Line management of Senior Risk Analysts ensuring their ongoing performance meets expectations and supports professional development.
- Leading the technical review and challenge of incumbent and new models used across the business, ensuring they operate within agreed performance and governance standards.
- Supporting broader model risk management initiatives including calibration of risk appetite and ongoing development of appropriate model risk standards.
- Ownership of Model Validation Procedures and associated policies.
- Coordination of Retail Credit Model Committees and Financial Model Committees, ensuring appropriate content and record keeping.
- Supporting wider Financial and Model Risk team initiatives, including participating in thematic reviews.
The ideal candidate will have demonstrable experience of advanced internal ratings-based (A-IRB) or Credit forecasting models, ideally in the residential mortgage sector.
They must possess a detailed technical knowledge of risk modelling and components, including LGD and PD.
An expert knowledge of regulatory standards and guidance relating to credit risk models is essential.
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