1 to 2 of 2 Contract Model Validation Jobs in London

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. Present validation and review work at the monthly Model Oversight Committee (MOC). Report on model risk-related matters to the Head of MRM and engage with stakeholders including model developers, owners, and users. Stay updated on regulatory developments and industry more »

with Data Architecture, Data Management, The EDP product owner and the Technology team delivering the EDP. Data Lake Structure and Design: Validate the medallion model data lake structure (bronze, silver, gold) as the optimal approach and recommend alternatives if needed. Create a Data Lake design including namespace hierarchy, and … integrity, consistency, conformance, and accuracy when transforming data from Bronze to Silver, and Silver to Bronze. Develop a Data Modelling Design, including a Data Model and Schema, to ensure data is organised and connected (integrated/interoperable) effectively. Do it in a way that supports the achievement of prioritised … best practices. Consider whether the emerging Data Domain hierarchy should play a part in Data Ownership. Partner with Technology to develop an access control model and define data access policies. Define granular controls on usage. more »