Model Risk Validation Officer

4 weeks ago


Edinburgh MLN EH HQ, Edinburgh, United Kingdom NatWest Full time

Join us as a Model Risk Validation Officer

  • This is an opportunity for a passionate and driven quantitative risk specialist to join an evolving area of risk management
  • We’ll look to you to review and validate various Treasury & Forecasting models across all business units and legal entities of NatWest group
  • It's an ideal role to gain detailed exposure to the developing world of model risk, as well as to a range of stakeholders and senior executives

What you'll do

As a Model Risk Validation Officer, you will provide oversight of the organisation's data-driven models through data analytics and model reviews. You will be undertaking analysis to make sure that all sources of model risks are adequately highlighted as well as assessing the models’ compliance with regulations, internal policies, and standards.

Your responsibilities will also include:

  • Performing sensitivity analysis to assess the adequacy of modelling or data assumptions, documenting all the analysis in a succinct and clear manner
  • Undertaking in-depth assessments of the models’ subcomponents, making sure models are fit for purpose for their designated us
  • Preparing checklists for various validation activity to make sure that appropriate controls are established and consistently followed
  • Providing expert advice on aspects of risk management, including providing senior executives with relevant MI and reports

The skills you'll need

We’re looking for someone with a quantitative degree, such as computer science, mathematics, statistics, or physics and experience of developing, reviewing, validating, and implementing analytical solutions or risk measurement tools.

An understanding or experience in pricing or stress testing modelling will be a significant advantage.

We’ll also expect:

  • An understanding of programming languages such as Python
  • Excellent attention to detail
  • The ability to communicate, both verbally and in writing, to senior colleagues



  • Edinburgh, MLN, EH12 1HQ, Edinburgh, United Kingdom NatWest Full time

    Join us as a Model Risk Validation OfficerThis is an opportunity for a passionate and driven quantitative risk specialist to join our businessWe’ll look to you to review and validate various pricing, valuation and finance models relating to wholesale, commercial and retail portfolios across all of our business units and legal entitiesIt's an ideal...


  • Edinburgh, MLN, EH12 1HQ, Edinburgh, United Kingdom NatWest Full time

    Join us as a Model Risk Validation OfficerThis is an opportunity for a passionate and driven risk specialistWe’ll look to you to review and validate credit risk modelsIt's an ideal role to gain detailed exposure to the developing world of model risk, as well as to a range of stakeholders and senior executivesWhat you'll doThis role will see you...


  • Edinburgh, Edinburgh, United Kingdom NatWest Full time

    Join us as a Model Risk Validation OfficerThis is an opportunity for a passionate and driven quantitative risk specialist to join our businessWe'll look to you to review and validate various pricing, valuation and finance models relating to wholesale, commercial and retail portfolios across all of our business units and legal entitiesIt's an ideal role to...

  • Risk Model Officer

    1 day ago


    Edinburgh, Edinburgh, United Kingdom NatWest Group Full time

    About the RoleWe are seeking a highly skilled Risk Model Officer to join our team at NatWest Group. As a key member of our risk management team, you will play a critical role in ensuring the accuracy and reliability of our credit risk models.Key ResponsibilitiesModel Validation: You will be responsible for validating and reviewing credit risk models used...

  • Model Risk Officer

    13 hours ago


    Edinburgh, Edinburgh, United Kingdom NatWest Full time

    Job DescriptionAbout the RoleWe are seeking a highly skilled Model Risk Officer to join our team at NatWest. As a key member of our risk management team, you will be responsible for undertaking quantitative validation of credit models and ensuring that models are managed within the requirements of our model risk policy and risk appetite.Key...


  • Edinburgh, Edinburgh, United Kingdom NatWest Group Full time

    About the RoleWe are seeking a highly skilled Model Risk Officer to join our team at NatWest Group. As a key member of our risk management team, you will play a critical role in ensuring the accuracy and reliability of our credit models.Key ResponsibilitiesValidate and review credit models used within the group to ensure they are managed within policy and...


  • Edinburgh, Edinburgh, United Kingdom NatWest Full time

    About the RoleWe are seeking a highly skilled Risk Validation Specialist to join our team at NatWest. As a Model Risk Validation Officer, you will play a critical role in ensuring the accuracy and reliability of our credit risk models.Key ResponsibilitiesValidate credit risk models to identify limitations and assess them against external regulations,...


  • Edinburgh, Edinburgh, United Kingdom NatWest Group Full time

    About the RoleWe are seeking a highly skilled Risk Model Officer to join our team at NatWest Group. As a key member of our risk management team, you will play a critical role in ensuring the accuracy and reliability of our credit risk models.Key ResponsibilitiesModel Validation: You will be responsible for undertaking quantitative validation of credit models...

  • Model Risk Specialist

    11 hours ago


    Edinburgh, Edinburgh, United Kingdom NatWest Full time

    Job DescriptionAbout the RoleWe are seeking a highly skilled Model Risk Officer to join our team at NatWest. As a key member of our risk management team, you will be responsible for undertaking quantitative validation of credit models and ensuring that models are managed within the requirements of our model risk policy and risk appetite.Key...


  • Edinburgh, Edinburgh, United Kingdom NatWest Group Full time

    About the RoleWe are seeking a highly skilled Model Risk Officer to join our team at NatWest Group. As a key member of our risk management team, you will play a critical role in ensuring the accuracy and reliability of our credit models.Key ResponsibilitiesValidate and review credit models used within the group to ensure they are managed within policy and...


  • Edinburgh, Edinburgh, United Kingdom NatWest Full time

    Position OverviewThe role of a Model Risk Validation Officer is crucial in the realm of risk management. This position offers an exciting opportunity for a dedicated quantitative risk professional to engage in a dynamic sector of risk oversight.Key ResponsibilitiesConduct thorough reviews and validations of various Treasury and Forecasting models utilized...


  • Edinburgh, Edinburgh, United Kingdom NatWest Full time

    Position OverviewThe role of a Model Risk Validation Officer is critical in ensuring the integrity of our organization's data-driven models. This position offers a unique opportunity for a dedicated quantitative risk specialist to contribute to a dynamic area of risk management.Key ResponsibilitiesConduct thorough reviews and validations of various Treasury...


  • Edinburgh, Edinburgh, United Kingdom NatWest Full time

    Position OverviewThe role of a Model Risk Validation Officer is critical in ensuring the integrity of data-driven models within the organization.Key ResponsibilitiesConduct thorough reviews and validations of various Treasury and Forecasting models across all divisions and legal entities of NatWest Group.Utilize data analytics to provide oversight of the...


  • Edinburgh, Edinburgh, United Kingdom TSB Bank Full time

    Job Title: Manager of Model Risk Oversight Function: Risk Management Location: Flexible - Hybrid Work Model At TSB Bank, we are dedicated to instilling financial confidence in our customers and communities. Every role within TSB allows you to significantly impact your career, our organization, and the broader community. We are currently seeking a...

  • Data Scientist

    4 weeks ago


    Edinburgh, MLN, EH12 1HQ, Edinburgh, United Kingdom NatWest Full time

    Join us as a Data ScientistAs part of the Scenario Modelling team in the Planning and Performance Centre of Excellence, you’ll design and implement data science tools and methods which harness our data in order to drive market leading solutionsWe’ll look to you to actively participate in the data community to identify and deliver opportunities to...

  • Senior Data Scientist

    2 months ago


    Edinburgh, MLN, EH12 1HQ, Edinburgh, United Kingdom NatWest Full time

    Join us as a Senior Data ScientistAs part of the Scenario Modelling team in the Planning and Performance Centre of Excellence, you’ll drive and embed the design and implementation of data science tools and methods, which harness our data to drive market-leading solutionsDay-to-day, you’ll act as a subject matter expert and articulate advanced data and...


  • Edinburgh, Edinburgh, United Kingdom TSB Bank Full time

    Job Title: Manager of Model Risk Oversight Function: Risk Management Location: Flexible - Hybrid Working At TSB Bank, we are dedicated to empowering our customers and communities with financial confidence. Every role within TSB contributes to meaningful impacts on careers, our organization, and the broader community. We are seeking a Manager of...


  • Edinburgh, Edinburgh, United Kingdom TSB Bank Full time

    Job Title: Manager of Model Risk Oversight Function: Risk Management Location: Flexible - Hybrid Work Environment At TSB Bank, we are dedicated to instilling financial confidence in our clients and communities. Every role at TSB contributes significantly to your career growth, our organizational success, and the broader community. We are seeking a...


  • Edinburgh, Edinburgh, United Kingdom TSB Full time

    Job Title: Model Risk Oversight Manager Function: Risk Location: Edinburgh or London - Hybrid working Salary: Competitive plus excellent benefits Closing Date: 24 July 24At TSB, we're all here to give money confidence to our customers and communities. Wherever you work in TSB, you can make a real difference to your career, our business, and the wider...


  • Edinburgh, MLN, EH12 1HQ, Edinburgh, United Kingdom NatWest Full time

    Join us as a Strategic Finance Business PartnerWe’ll look to you to provide commercial and financial insights as a partner to a technology business area, helping to influence key strategic business decisionsYou’ll be reviewing and providing input for plans, forecasts and stress scenarios and providing business leads with key themes and analysisGain...