have hands-on experience in technical model development, implementation, validation, or oversight in areas such as credit risk (retail and/or wholesale), PD/LGD/EAD estimations, IFRS9, operational risk, asset & liability management, stress testing, sensitivities, or time series modeling. Responsibilities Support the implementation of the Group's target operating model for the second-line Model Validation function. … Ensure models are fit for purpose in line with CBG's strategy and objectives. Perform independent reviews of models, including capital, IFRS9, and pricing models: Understand model purpose, mathematical basis, implementation, and limitations. Assess model behavior under stress, such as in capital calculations. Conduct rigorous testing to evaluate risk representation, suitability, robustness, calibration stability, performance, and distributional tests. Apply quantitative More ❯
Improvement team You'll be someone with: A Keen interest in Audit Quality Excellent practical and technical auditing experience particularly on more complex audits Good working knowledge of IFRS Ability and willingness to assertively challenge and influence more senior individuals and peers Ability to think innovatively and creatively to identify ways … to improve audit quality Attention to detail Strong written and oral communication skills Effective project management Desirable: Experience of performing audit quality reviews (pre or post audit opinion) Desirable: IFRS9 or IFRS17 expertise You'll be able to be yourself; we'll recognise and value you for who you are and celebrate and reward your contributions to our business. We More ❯
Glasgow, Lanarkshire, Scotland, United Kingdom Hybrid / WFH Options
Virgin Money
technical skills in data manipulation and extraction We need you to have Significant experience with model development and/or model validation in some of the following areas: IFRS9, Stress Testing, Climate Risk, IRB Leadership skills and people management skills Highly analytical with a numerate degree or equivalent technical experience Proficiency in programming languages such More ❯
Glasgow, Lanarkshire, Scotland, United Kingdom Hybrid / WFH Options
Virgin Money
and Specialists (A) Salary range: £32,800 - £41,000 per annum Location: UK, Remote Contract type : Permanent, full-time Our Team We have an exciting opportunity in our IFRS9 and Stress Testing team in Model Risk & Analytics. The Model Monitoring Senior Analyst is a key role in the maintenance and performance monitoring of VMUK's … suite of IFRS9, macro-economic and stress testing models, which are used to forecast loan loss provisions and capital requirements under a range of scenarios, including regulatory stress tests. The role holder will have the opportunity to work across a broad range of models spanning retail and business asset classes and drive business insight. Additionally … the role involves supporting model calibrations, IFRS9 monitoring, macroeconomic monitoring, and presenting findings to stakeholders. What you'll be doing Monitor and support the suite of IFRS9, stress testing models and macroeconomic models across Retail and Business portfolios, including IRB and IFRS9 modelling environments. Develop More ❯
the life Finding insight in our data and explaining trends in impairment provisions. Producing impairment forecasts to support business budgeting exercises and stress testing. Overseeing the implementation of new IFRS9 impairment models and updates to existing ones. Using advanced statistical techniques to predict customer behavior or forecast future losses. Designing and maintaining the controls we have in place around our … team members, fostering their growth and development within the team. About you You have experience of solving data and analytical problems preferably in a consumer lending environment. (Experience with IFRS9 is a bonus!) You have a strong ability in manipulating and analyzing large datasets using SQL and/or Python. You are experienced in visualization and storytelling through data. You More ❯
support the rapid growth and evolution of our portfolio. This role is pivotal for the team as the successful candidate will develop and further enhance our suite of IFRS9 models (PD, LGD, EAD, macroeconomic models) across both well established and emerging products. Additionally the successful individual will have oversight of model performance, construction of PMAs … required, and will have regular interaction with the senior management. Strong data and analytical skills are a must, as is a deep expertise in credit risk modelling and IFRS9 provision methodology. Experience in stress testing, IRB modelling, retail credit originations, Net Present Value modelling, Scorecard modelling and Capital are desirable, but not essential. End-to … end development and maintenance of IFRS9 models (PD, EAD, LGD) Construction of post-model adjustments/model overlays as and when required Implementation of new models Development and maintenance of economic-response models for scenario simulation and impairment Oversight and enhancement of model monitoring Presenting modelling results to 1LOD and 2LOD risk forums/committees More ❯
to ensure models across the business are fit for purpose Provide assurance on compliance with the regulatory requirements we work within There is an emphasis on credit risk IFRS9/Stress Testing models but also opportunity to be involved with IRB, Pricing, Op Risk, Climate Risk or other models Engage with model owners, gathering materials … and critical thinking It's a bonus if you have but not essential Knowledge of credit risk modelling including PD, EAD and LGD models Experience of working with IFRS9 or Stress Testing models in the financial industry Familiarity with Model Risk Management frameworks and associated regulations (e.g. SS1/23, Consumer Duty) Red Hot Rewards More ❯
m currently supporting a fast-growing digital bank. Their Model Risk Oversight Team is looking for a talented Senior Analyst to focus on model validation – covering everything from IFRS9 and forecasting to operational risk and AI/ML models. 🔍 What you’ll be doing: Validating diverse models across the bank Writing clear, actionable validation reports More ❯
m currently supporting a fast-growing digital bank. Their Model Risk Oversight Team is looking for a talented Senior Analyst to focus on model validation – covering everything from IFRS9 and forecasting to operational risk and AI/ML models. 🔍 What you’ll be doing: Validating diverse models across the bank Writing clear, actionable validation reports More ❯
Coventry, West Midlands, United Kingdom Hybrid / WFH Options
Coventry Building Society
that you're able to demonstrate: Highly proficient in programming languages and tools such as SAS, Python, R, SQL, or similar. Strong understanding of credit lifecycle, regulatory frameworks (IFRS9, Basel), and model governance. Strong understanding of the model development lifecycle and best practice to drive consistency and efficiency across group modelling functions. Track record of More ❯
that you're able to demonstrate: Highly proficient in programming languages and tools such as SAS, Python, R, SQL, or similar. Strong understanding of credit lifecycle, regulatory frameworks (IFRS9, Basel), and model governance. Strong understanding of the model development lifecycle and best practice to drive consistency and efficiency across group modelling functions. Track record of More ❯
you! As a Senior Analyst - Model Validation, with the support from your manager, you will be responsible for: Validating different types of models used across Starling, such as IFRS9, Forecasting, Operational Risk, AI/ML models. Producing validation reports whilst engaging with the model developers and model owners to ensure the validation findings are understood More ❯
you! As a Senior Analyst - Model Validation, with the support from your manager, you will be responsible for: Validating different types of models used across Starling, such as IFRS9, Forecasting, Operational Risk, AI/ML models. Producing validation reports whilst engaging with the model developers and model owners to ensure the validation findings are understood More ❯
Glasgow, Lanarkshire, Scotland, United Kingdom Hybrid / WFH Options
Virgin Money
Business Unit: Group Risk Salary range: £39,200 - £49,000 Location: UK, Remote Contract type : Permanent (full time) Our Team Stress Testing and IFRS9 Models work at the intersection of Data Science, Statistical Modelling and Economics within Virgin Money's Model Risk and Analytics function. We use data to support the business through model building or providing actionable insights from … mindset, willing and able to coach junior colleagues and share knowledge It's a bonus if you have but not essential Functional Risk and Regulatory knowledge ideally within IFRS9 and/or IRB and Stress Testing Experience of determining priorities and participation in the planning process. Experience in building trusted relationships with senior stakeholders. Red More ❯
Model Development Lead to join our Credit Risk Modelling Team. Our team plays a critical role in developing and maintaining credit risk models across Starling, focussing on both IFRS9 and operational models. If you have experience in credit risk model development, and are eager to be part of the team that plays a vital role … in credit risk management, we want to hear from you! As a Credit Risk Model Development Lead, you will be responsible for: Leading the development and implementation of IFRS9 and operational credit risk models. This is a hands-on role where you will develop some models yourself, as well as overseeing developments from other team … members. Ensuring that the Bank's IFRS9 model suite is fit-for-purpose at all times. Understanding business needs and identifying areas where the credit risk modelling team can support through the delivery of robust models. Producing detailed model documentation, including methodology, assumptions, and limitations. Ensuring that existing models are appropriately monitored and performance understood More ❯
grow the business and get involved in a range of modelling projects. THE ROLE Within this, you can expect to work on: Validation of models across the bank, including IFRS9, Treasury, Scorecards and Forecasting Development of challenger models as necessary to enhance this area of the bank Supporting other teams across the business in the implementation and wider maintenance of … models Working closely with the broader bank to implement Machine Learning and AI models YOUR SKILLS AND EXPERIENCE Essential to have experience in model development or validation Exposure to IFRS9 and wider credit models is essential Experience in Python/SQL/SAS/R Educated to at least degree level in a numerate degree SALARY AND BENEFITS Up to More ❯
City of London, London, United Kingdom Hybrid / WFH Options
Harnham
grow the business and get involved in a range of modelling projects. THE ROLE Within this, you can expect to work on: Validation of models across the bank, including IFRS9, Treasury, Scorecards and Forecasting Development of challenger models as necessary to enhance this area of the bank Supporting other teams across the business in the implementation and wider maintenance of … models Working closely with the broader bank to implement Machine Learning and AI models YOUR SKILLS AND EXPERIENCE Essential to have experience in model development or validation Exposure to IFRS9 and wider credit models is essential Experience in Python/SQL/SAS/R Educated to at least degree level in a numerate degree SALARY AND BENEFITS Up to More ❯
London, South East, England, United Kingdom Hybrid / WFH Options
Harnham - Data & Analytics Recruitment
grow the business and get involved in a range of modelling projects. THE ROLE Within this, you can expect to work on: Validation of models across the bank, including IFRS9, Treasury, Scorecards and Forecasting Development of challenger models as necessary to enhance this area of the bank Supporting other teams across the business in the implementation and wider maintenance of … models Working closely with the broader bank to implement Machine Learning and AI models YOUR SKILLS AND EXPERIENCE Essential to have experience in model development or validation Exposure to IFRS9 and wider credit models is essential Experience in Python/SQL/SAS/R Educated to at least degree level in a numerate degree SALARY AND BENEFITS Up to More ❯
Modelling team at a fast-growing, digitally native financial services company. This team plays a pivotal role in the development and maintenance of credit risk models , including both IFRS9 and operational models. If you're experienced in credit risk model development and looking to make a meaningful impact in a dynamic environment, we'd love … to hear from you. 💼 What You’ll Be Doing: Leading the development and implementation of IFRS9 and operational credit risk models — both hands-on and through team leadership. Ensuring the model suite remains robust, fit-for-purpose, and aligned with business needs. Producing high-quality documentation detailing methodology, assumptions, and limitations. Monitoring existing models and … Acting as a subject matter expert and representing the team with stakeholders across the business. 🎯 What We’re Looking For: 5+ years of hands-on experience in developing IFRS9 and operational credit risk models. Prior experience leading projects or managing small teams is a plus. Strong programming and analytical skills using tools like Python, R More ❯
Modelling team at a fast-growing, digitally native financial services company. This team plays a pivotal role in the development and maintenance of credit risk models , including both IFRS9 and operational models. If you're experienced in credit risk model development and looking to make a meaningful impact in a dynamic environment, we'd love … to hear from you. 💼 What You’ll Be Doing: Leading the development and implementation of IFRS9 and operational credit risk models — both hands-on and through team leadership. Ensuring the model suite remains robust, fit-for-purpose, and aligned with business needs. Producing high-quality documentation detailing methodology, assumptions, and limitations. Monitoring existing models and … Acting as a subject matter expert and representing the team with stakeholders across the business. 🎯 What We’re Looking For: 5+ years of hands-on experience in developing IFRS9 and operational credit risk models. Prior experience leading projects or managing small teams is a plus. Strong programming and analytical skills using tools like Python, R More ❯
finance (e.g. ACA, ACCA, CFA, FRM, ACT, or equivalents), or evidence of equivalent knowledge learned in a finance environment. Prior experience of ECL modelling and related impairment testing, including IFRS9, CECL methodology requirements. Further programming and software expertise in data analytics, presentation, application development skills (eg VBA, PowerBI, Alteryx, SQL etc). What we can offer you: We recognise that More ❯
City of London, London, United Kingdom Hybrid / WFH Options
Harnham
DAYS A WEEK IN OFFICE) In this role, you’ll be leading a talented team of analysts to validate a range of models across the business, including ML, AI, IFRS9, and Forecasting. You’ll be leading Risk Assurance reviews and presenting high-level validation insights to senior leadership. THE COMPANY This Fintech is well known for its data-driven approach … talented team and have the opportunity to drive real change. THE ROLE Validate and support in the validation of various models across the business, from more traditional models like IFRS9 and Forecasting, to AI and ML models. Engage with model owners and developers to ensure validation findings are accurate and understood Lead the Risk Assurance reviews and produce committee papers More ❯
DAYS A WEEK IN OFFICE) In this role, you’ll be leading a talented team of analysts to validate a range of models across the business, including ML, AI, IFRS9, and Forecasting. You’ll be leading Risk Assurance reviews and presenting high-level validation insights to senior leadership. THE COMPANY This Fintech is well known for its data-driven approach … talented team and have the opportunity to drive real change. THE ROLE Validate and support in the validation of various models across the business, from more traditional models like IFRS9 and Forecasting, to AI and ML models. Engage with model owners and developers to ensure validation findings are accurate and understood Lead the Risk Assurance reviews and produce committee papers More ❯
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 More ❯
IFRS9 & Scorecard Model Development Analyst FinTech - London/Hybrid £50,000 - £65,000 This is a rare opportunity to take on end-to-end model ownership at a high-growth FinTech that's genuinely doing something different in the lending space. You'll be joining a lean, technical team where your models actually go into production-quickly. That means real … world impact, clear feedback loops, and no long-winded sign-off processes. THE ROLE Develop and maintain IFRS9 models: PD, LGD, and EAD models across various lending portfolios Design and build credit scorecards: Acquisition, behavioural, and collections scorecards using industry best practices (e.g. WOE binning, logistic regression) End-to-end model ownership: From data extraction and feature engineering to validation … governance and documentation: Ensure models meet regulatory expectations and internal standards Conduct model monitoring and performance analysis: Regularly assess backtesting results and recalibrate when needed REQUIREMENTS Strong experience building IFRS9 models (PD, LGD, EAD) Hands-on credit scorecard development ( Python or SAS (ideally both) Solid understanding of lending products and credit risk lifecycle HOW TO APPLY Please send CV below More ❯