Model Validation

3 weeks ago


London, UK, United Kingdom Investigo Full time

Description:

  • Perform independent validations of the market risk models, pricing models and stress methodologies
  • The role requires regular interaction with the CROs, Heads of Market and Credit Risk as well as regulators and internal audit.
  • Each model validation is presented annually to the Risk Committee of the Board highlighting any model weakness and corresponding remedial actions.

Key requirements:

  • Minimum 5 years of working experience in financial services where the work was directly related to model design and testing, model validation and / or model risk management.
  • Hands-on experience in developing quantitative models, building pricing models, and/or quantitative analytics.
  • Perform quantitative testing and analysis which will feed in as input to the Independent Model Validation deliverables.
  • Master in Quantitative Finance, Mathematics, Physics, Engineering or Finance.
  • Proficiency in writing codes in VBA, R and/or SQL.
  • Highly motivated, able to work independently, leadership experience and must be able to challenge the business in a professional manner.

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