risk management, and derivatives valuation services. The department includes several Quant teams focused on different asset classes, as well as portfolio-level analytics and model validation. The Quant Contract Languages (QCL) team works at the intersection of functional programming and derivative modelling. It develops BLAN, a domain-specific language more »
maintaining predictive models in production-level systems is advantageous. Experience fitting predictive and descriptive models to data using a variety of techniques and assessing model performance. A deep understanding of the different types of bias when that can arise and approaches that can be taken to address these. Experience more »
Data Scientist working in credit risk will involve growing and demonstrating your skills in a number of key areas, including but not limited to Model development. Explore building innovative new modelling methods into our training pipeline to increase the predictive power and flexibility of our credit risk models. Take … responsibility for the full lifecycle of a model, including training, validation, deployment, and performance monitoring. Collaborate with Data Scientists and Analysts in other teams to ensure that our model predictions are being consumed appropriately and to ensure that model interdependencies are accounted for. Model-driven more »
competence and proficiency in statistics A solid grasp of essentially all of the standard data science techniques, for example, supervised/unsupervised machine learning, model cross validation, Bayesian inference, time-series analysis, simple NLP, effective SQL database querying, or using/writing simple APIs for models. We regard more »
best person for the job, we always look across a wide range of diverse communities. What you will do: Own and deliver against the model development and periodic review plan for your specific model area (commercial, retail unsecured, retail mortgages or stress testing models) Ensure the model development and periodic model review documents are accurate, clear, concise, and complete before submitting to the Model Governance Committee (MGC) and Model Oversight Committee (MOC) Nurture the relationship with key stakeholders such as the model owners and model sponsors, as well as colleagues within … the credit risk model development team, model governance team, Finance and Treasury Ensure that the models are appropriately tested once implemented Ensure that all model related actions are appropriately addressed within the agreed timeframes. This includes actions raised by the Independent ModelValidation (IMV) team more »
large-scale financial institution.Practical experience with development and implementation of market risk methodologies and frameworks.Knowledge and practical experience of all aspects (SA & IMA) of model development and validation.Understanding of the QIS (Quantitative Impact Study) for FRTB, experience in coordinating data collection and analysis in line with this would be … working for such a large firm is amazing.”-Jess, Risk AdvisoryOur hybrid working policyYou’ll be based in London with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity. As well as remote working, you’ll attend your more »
civil aircraft fuel systems however, M&S knowledge applied to products in related sectors will also be considered. Development of system qualification plans and model management plans. The team will provide support to the creation of these plans when needed. Development and maintenance of existing fuel system models but more »
as No Visa Sponsorship Available 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, ModelValidation 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 »
Leeds, West Yorkshire, Yorkshire, United Kingdom Hybrid / WFH Options
Sanderson Recruitment
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 »
