Model Risk Management Consultant
London, United Kingdom
IQ Risk
CONTRACT OPPORTUNITY Model Risk Management Senior Analyst Length: 6 months Key Responsibilities: Support the continuous development and implementation of the Model Risk Management Framework. Perform independent model validations (or annual model reviews) for various models, including stochastic models (IRB and non-IRB) and deterministic quantitative methods. Validate models … used for regulatory purposes such as ICAAP and ILAAP. Embed the Model Risk Management Framework, including model identification, attestation, validation, and monitoring. Identify areas of non-compliance and participate in the assessment of key model risks. Maintain and periodically review MRM policies, frameworks, and instructions with relevant governance committees. … model validation and preferably in model development. Solid understanding of IRB regulation (CRR, EBA, PRA) and familiarity with industry best practices for model risk management (SR11-7, SS 1/23, SS 3/18). Strong analytical background and numerical skills. Educational background in statistics, mathematics, data science more »
Employment Type: Contract
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