Model Validation Specialist
Newcastle Upon Tyne, Tyne and Wear, England, United Kingdom
Hybrid / WFH Options
Hybrid / WFH Options
Virgin Money
Business Unit: Group Risk, Independent Model Validation Salary Range: £39,200 - circa £49,000 per annum DOE?+ benefits Location : UK Remote - work from anywhere within the UK. Contract Type: Permanent and 12 month fixed term contract opportunities available Our Team Ensuring we have robust Model Risk Management frameworks in place is essential for us to manage … drive innovation in the modelling space that have to be managed appropriately. This is where our team comes in! We provide and evidence oversight in the form of independent model validations and reviews, where we work with stakeholders across the bank to ensure robust model development activities. We also make sure we adhere to frameworks and policies by … across the business are fit for purpose. Provide assurance on compliance with the regulatory requirements we work within. Utilise your technical skills in data manipulation and extraction and analyse model performance and model risk. Engage with model owners, gathering materials for analysis, challenging model performance or development and documenting findings. Generate model validation reports More ❯
Employment Type: Full-Time
Salary: £39,200 per annum
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