1 to 25 of 43 Permanent Model Validation Jobs in England

The successful candidate will report to the Head of Model Validation. The purpose of the role is to act as the second line of defence on model risk and to validate the models used in the Bank. The role is an essential part of the Model Validation … covers all models including a wide range of pricing and risk models. The team is expected to look beyond checking the correctness of the model from a mathematical and implementation perspective. It is essential to provide a robust challenge to modelling assumptions and to review market applicability issues and … appropriateness of data and calibration Key Responsibilities: Model Validation focused on market risk models Lead the validation process for all market risk models used in the bank. These models include VaR/SVaR models, Risk-not-in-VaR models, models for data proxying, models for interest rate more »

What is the opportunity? The Quantitative Risk team (QR) is part of the EMEA Risk Management team. The QR team is split into the Model Risk Management team (MR) and the Risk Analytics team (RA). MR and RA teams span both MHBK and MHI responsibilities. The Quantitative Risk … Analyst role sits within the Model Risk Management team (MR). On the MHBK and MHI sides, the MR team are responsible for producing independent and accurate model validations and conducting effective model risk management, including appropriate interactions with the trading desk and the overall risk management … teams. The MR team is responsible for recording the MHI model life cycle in Archer Model Risk Management system of record. The EMEA MR team works in collaboration with the MHSC MR and MHSC RA teams (based in Tokyo) on model implementation, assumption and validation topics. more »

Job Description Model Validation Quantitative Specialist - London We require a Model Validation Risk Quant with at least 5 to 7 years of experience in IRB risk model validation. The candidate should be experienced in conducting independent model validation and quantification of model risk including necessary communication of key facts and issues identified through those activities. They must have hands on experience of validation and expert level knowledge of validation of models according to the UK regulations (CRR and SS 11/13) and industry best practice. We have vacancies … have retail banking credit systems experience. Must have Experience A track record of validating credit IRB models within retail banking. Experienced in reporting of model risk to management. Good verbal and written communications skills. Knowledgeable in interpreting the CRR and Supervisory Statements (SS 11/13),Knowledgeable in IFRS9. more »

What is the opportunity? The Quantitative Risk team (QR) is part of the EMEA Risk Management team. The QR team is split into the Model Risk Management team (MR) and the Risk Analytics team (RA). MR and RA teams span both MHBK and MHI responsibilities. The Quantitative Risk … Analyst role sits within the Model Risk Management team (MR). On the MHBK and MHI sides, the MR team are responsible for producing independent and accurate model validations and conducting effective model risk management, including appropriate interactions with the trading desk and the overall risk management … teams. The MR team is responsible for recording the MHI model life cycle in Archer Model Risk Management system of record. The EMEA MR team works in collaboration with the MHSC MR and MHSC RA teams (based in Tokyo) on model implementation, assumption and validation topics. more »

The Model Risk & Analytics team provides independent oversight and governance for senior managers of model analytics and their implementation into the risk architecture that drive valuation, risk and stress results. Model Validation as part of Model Risk Management is responsible for the review all derivative … you will be reviewing and analysing derivative models for price and risk of interest Rates, and FX products. Your key responsibilities: Undertaking work on Model Validation research and development projects with aim of testing production models on Interest Rates Derivative, FX, and Hybrids Implementing independent models/products … Your skills and experience: PhD qualification in numerate subject such as Mathematics, Financial Mathematics, Physics or Statistics would be beneficial Significant experience in a Model Validation or Front Office Quant role Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference more »

Model Assurance Framework Engineer Job Description: As a Model Assurance Framework Engineer, you will be tasked with designing, implementing, and maintaining a robust framework to ensure the quality and reliability of our models. You will collaborate closely with our development teams to integrate best practices and standards into … the model development lifecycle. Your responsibilities will include working alongside cross-functional teams to establish processes and methodologies for validating models, identifying risks, and implementing mitigation strategies. Additionally, you will contribute to the continual enhancement of our model assurance framework by remaining abreast of industry trends and emerging … technologies. Key Responsibilities: Develop and implement a comprehensive model assurance framework to guarantee the accuracy, reliability, and compliance of our models. Collaborate with stakeholders to define requirements, establish standards, and design processes for model validation and verification. Design and automate test cases, scripts, and procedures to assess more »

The Model Risk Management (MRM) within ERM is responsible for model governance and the validation of models used by the bank in EMEA. This includes, among others, risk models which are used for risk measurement and decision-making purposes. MRM works closely with Risk Analytics and Front … Office quants to ensure that all risk models are validated on a periodic basis as well as at inception and changes. MRM provides regular model risk reporting to model oversight committees and the Board MAIN PURPOSE OF THE ROLE Independent model validation of quantitative methodologies, both … initial and periodic, across all asset classes and model types (derivative pricing models, credit and market risk, capital models, AI models, etc. ) and in line with regulatory requirements and industry best practice. The validation regularly requires an independent implementation of the models and the implementation of alternative challenger more »

in the UK or Europe This mid sized bank has fantastic opportunities for driven and enthusiastic individual to join them to rebuild their IRB model suite. Contribute to specific model development/remediation projects; Follow rigorous analytical solution and documentation processes and quality standards; Ensure output compliance with … internal and Regulatory requirements; Support engagement with key stakeholders (e.g. Business Model Owners, Model Validation teams, Model Risk teams etc); and Support internal model governance processes; Skills and Experience required; Credit Risk/IRB Modelling expertise is essential; collaboration and communication skills; Critical thinking skills more »

managing a dedicated portfolio. This role will focus on retail and corporate credit risk provided expert advice in scorecard methods, internal ratings-based models, model validation, as well as UK and European regulatory standards. Our team is work together in collaboration to deliver a variety of assignment and … initiatives. You’ll be someone with Strong professional interest in the fields of retail and corporate credit risk, scorecard methods, internal ratings-based models, model validation, as well as UK and European regulatory standards underpinning these areas. Significant credit risk experience gained ideally from a major financial institution more »

market risk models. Making key analytical decisions regarding market risk modelling for Equity derivatives positions traded in Europe. Assessing appropriateness of the market risk model outputs by performing time series review and stationarity test, Basel traffic light backtesting and VaR breaches explanation, P&L attribution test, pricing model benchmark, and quantification of the materiality of any model limitations (e.g. RNIV). Documenting model implementation details, tests, and findings for model validation to review, in accordance with Firm's Model Risk Management policies and framework. Qualifications Strong background in market risk models and … results). Excellent communication and presentation skills (ability to engage in concise, effective discussions). Excellent written skills (ability to produce well-structured technical model documentation). Ability to work without significant direct supervision. Previous experience of regulatory capital model & economic capital model is preferred. Knowledge of more »

have the opportunity to work with our business areas and leadership teams on a range of different insurance product and risks. DLG's Internal Model is an approved, solvency model fully integrated with the Group's risk management framework, which is widely used across the business to assist … for optimisation of capital. You'll take an active role in all of DLG's capital modelling processes, including the operation, parameterization, documentation and validation of the Internal Model and you'll take ownership of certain components of the IM. What else you'll do: Plan and deliver … positions for the DLG's core capital measures including developing and maintaining models used for estimation and forecasting, communicating key movements, and presenting to model stakeholders Support the delivery and execution of capital application projects like reinsurance purchase, investment strategy, capital allocation, risk appetite review including strategic M&A more »

in an expansive role with the opportunity to grow within in a renowned investment banking corporation. The role will see you working on the validation of quantitative methodologies, both initial and recurrent, across diverse asset classes and model categories (including derivative pricing models, credit and market risk, capital … models, AI models, etc.), adhering to regulatory standards and industry benchmarks. The validation process often necessitates an independent deployment of the models and the creation of alternative challenger models. The successful candidate will have an MSc in Quantitative Finance, Mathematics or a relevant area, professional coding ability in Python … and around 5 years experience in either model development or validation across either pricing or risk modelling. more »

Model Risk Oversight Manager- Yorkshire (Hybrid)- up to £75K My Client is on the search for a Model Risk Oversight Manager for a permanent position in Yorkshire. The candidate will act as a subject matter expert on all model risk thematic reviews to support the delivery of … The reviews will cover (but is not limited to) the IRB Rating system, Retail Credit, ALM and Finance Models. Apply technical knowledge to ensure model risk is managed through the effective review of model design, periodic validation and model use. Key Responsibilities: • Act as a subject … matter expert and take the lead to deliver the thematic Model Risk reviews. Apply expertise to conduct reviews which deliver insightful, accurate and meaningful findings to support the 2LoD Model Risk Oversight Business Partner in understanding key model risks. • Responsible for leading the engagement with key business more »

Job Title: Model Risk Oversight Manager Salary: £70,000 per annum Working Model: Hybrid working Permanent Location: Leeds Act as a subject matter expert on all model risk thematic reviews to support the delivery of the Prudential Risk Oversight Plan. The reviews will cover (but are not … limited to) the IRB Rating system, Retail Credit, ALM and Finance Models. Apply technical knowledge to ensure model risk is managed through the effective review of model design, periodic validation and model use. Ensure reviews consider alignment with market best practice, regulatory requirements and Group policies. … Act as an enabler for the business to better understand and manage their model risk, providing advice and challenge to 1st line risk teams through impactful and highly influential engagement up to Chief Officer levels. Commercial Responsibilities: Interactions with Group Risk Committee (GRC) and Executive Risk Committee (ERC) to more »

projects. Desirable Skills/Preferred Qualifications: Preferred qualifications include an MBA, CA, Masters in Statistics, Economics, Finance, or Engineering. Prior experience in Credit Risk Model Development or Model Validation within the banking or financial industry. Proficiency with Data Analysis tools such as SAS, Python, and MS Suite more »

maintain and deliver advanced analytical models, to support Climate Change and Financial Crime, employing relevant statistical techniques and adhering to current modelling standards and validation regulation. You will also support the wider Retail Financial Risk Modelling to embed machine learning into models. You’ll need to plan effectively and more »

a motivated Systems Engineer to contribute to complex and high-profile programmes. This role, based at Raytheon's Harlow facility with a hybrid work model, provides the chance to work with changing technology, grow your skills, and play a vital role in global security. Key Highlights: Cutting-Edge Technology … technology. Global Impact: Contribute to projects that enhance global security. Professional Growth: Access professional development opportunities in a challenging and rewarding environment. Main Duties: Model, simulate, and assess weapon systems throughout the systems engineering lifecycle. Support a model-based systems engineering approach to weapon system development. Assist in … the design development of complex systems. Support model validation activities. Candidate Requirements: Essential: Demonstrable experience with MathWorks toolsets such as MATLAB and Simulink. Keen analytical approach to solving complex problems. Working knowledge of requirements allocation and decomposition. Well-developed understanding of testing methodology for both simulations and real more »

TensorFlow (and/or Keras), scikit-learn, and related tools, coupled with a strong command of Python. Robust analytical and mathematical abilities essential for model development and validation. Exceptional problem-solving skills capable of tackling intricate challenges. Effective communication abilities vital for collaboration, along with the capacity to thrive more »

support the development of advanced RNA medicines for one of the most pressing healthcare challenges of our time. The role will support discovery and validation data analysis within a functional genomics and imaging team, with a sharp focus on generating novel target recommendations, validating them in models (including actual more »

algorithmic trading strategies, focusing on options Conduct quantitative research and strategy development Support trading desk with analytics across business lines Contribute to pricing framework, model validation, and regulatory compliance Candidate Profile: Proficiency in numerical methods including Monte-Carlo and Stochastic Calculus Extensive knowledge of derivative products, especially options … bonuses Comprehensive benefits package including healthcare, dental, vision, and retirement planning 30 days of holiday and free lunches when in the office Hybrid working model Regular company events and social activities Corporate and Social Responsibility program with charity fundraising matching and volunteer days more »

FSI In addition to day-to-day analysis tasks, other responsibilities may include: Communicating analysis results through production of clear, concise reports & presentations Applying model V&V techniques whilst adhering to quality assurance procedures Representing the wider business at national and international conferences Who Are We Looking For? We … characterisation and calibration of material models and equations of state Testing techniques used to obtain mechanical material property data Experimentation for the acquisition of model validation data PLM and CAD systems - Siemens Teamcenter and NX are particularly desirable Linux based HPC systems and batch submission systems Use of more »

world's, top (re)insurers, who are looking for a CAT Modeller to join their Data & Analytics team. Key Responsibilities: Catastrophe Modelling Data Analysis Model Validation Risk Assessment Documentation and Reporting Research and Development Required Experience/Qualifications: Bachelor's Degree in relevant field (mathematics, statistics, natural sciences more »

An ability to work as part of a team and with multiple stakeholders Desirable knowledge and experience for these roles are: Experience of FE model validation and updating Understanding of data acquisition and signal processing What Will You Get From Us? As part of our People Promise, AWE more »

Senior Catastrophe Modeller - Cat Model - Exposure Management - London - Up to £130,000 I am currently working with a World Leading Insurance company who are looking for a Senior Catastrophe Modeller to join their team in London! Responsibilities: Spearhead advancements in analytics automation and the delivery of new reporting processes. more »

proactive, positive attitude, with the desire and ability to learn fast, challenge conventional thinking and make a difference. Safety Culture Have the ability to model strong and positive safety behaviours and to instil it in others, including respectfully challenging others and taking the initiative to build a strong safety more »