Model Risk Oversight Manager

**Job Role: Model Risk Oversight Manager**

**Function: Risk**

**Location: Flexible - Edinburgh/London**

**Salary: Competitive salary, car allowance and generous benefits package**

Hello, we're TSB, and we're here to help our customers be more confident with their money and get more out of life.

It's no coincidence that we have the same ultimate goal for our colleagues. Wherever you work in TSB, you can make a real difference to your career, our business, and get more from life yourself.

**We are looking for someone who is passionate about making sure our Risk models meet the highest internal and regulatory standards**

Our Model Risk Oversight team plays an important part in our business. The team is responsible for the oversight of risk and financial models. This includes the independent validation of our most important models, including IRB, IFRS9 and Treasury models,to a standard that meets internal and regulatory expectations. The role requires you to lead the statistical testing of the models and report on the technical findings in a clear and transparent way.

Leading a small team of people, you will be responsible for effectively leading the validation of the components of Credit & Financial Risk models, following our internal framework and standards as well as external regulation.

You will produce internal and external reports summarising the validations, highlighting areas for potential improvement. You will support senior management in their interactions with across the business and externally. You will be able to influence, andbuild relationships with, a range of stakeholders from within Risk and the wider TSB Business.

The role is about working collaboratively to support a strong culture of accountability, empowerment and proactive contribution to the ongoing development of the function, reflecting the evolving risk modelling landscape within the bank and the associatedregulatory expectations

You'll be based in Edinburgh/ London however will work flexibly between home and our office. If working remotely is new to you, don't worry, we'll give you the support and equipment you need to get step up, including a company laptop. In return we ask thatyou have a suitable environment to work without distraction and a consistent internet connection (download speed - 10 mbps; upload - 3mbps)

**What we need today**

Ideally, you'll currently have these skills and experience:

- A proven background in quantitative risk assessment models and methodologies, with experience in either model development or validation.
- Experience covering financial products and services, coupled with proven experience working in a specialist Risk function e.g. Model Risk / Capital Risk / Credit Risk / Market Risk
- Strong knowledge of Credit/Financial Model Risk related regulation e.g. Capital Requirements Regulation and IFRS9
- Capability to understand complex issues, communicate with clarity and provide information to senior leaders including Directors and Heads of Function.
- Ability to lead, inspire and develop individuals and create high performing teams to deliver model validations.

**What we need tomorrow**

It takes more than just skills and experience. With training and coaching from us, you will:

- Be recognised by your stakeholders as providing excellent technical and regulatory knowledge - building the reputation of the Model Risk Oversight team within TSB.
- Be a strong team player, working effectively with colleagues in the Model Risk Oversight team as well as in the wider business which in turn helps deliver our regulatory commitments.
- Have the ambition to develop a fulfilling career at TSB.

So, if this sounds right up your street, come, and join our team. We make things happen

**We are TSB. Life Made More**

**#LI-GN1