1 to 25 of 69 Model Validation Jobs

Job Purpose 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 team. The team’s remit 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 pricing models Validate cross asset class front office pricing and XVA models. Validate the models from a conceptual soundness and implementation perspective. Review the applicability (i.e. the strengths, weaknesses 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 »

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 »

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 »

Job Title: Model Risk Manager Job Purpose The Model Risk Manager is a member of the Model Risk Management Team at ICE Clear Europe (‘the firm’), a second line risk function, which facilitates setting risk boundaries and provides independent risk oversight to the business. It is proactive … uses models to measure, analyze and monitor counterparty credit risks, market risk, credit risks and liquidity risks arising from its first line functions. The Model Risk Management team is responsible for all aspects of financial risk as well as model risk, encompassing model validation, performance monitoring … the credit worthiness of counterparties considering financial statements, market data and other relevant information. Performing deep dive analysis in Market & Liquidity Stress Testing. Performing validation of pricing and risk models and writing high quality validation reports. Developing and maintaining analytics library used to support validation and on more »

are growing their traded risk quantitative solutions service line which is working with banks across the globe to support them in the development and validation of a range of models, spanning traded market risk, counterparty IMM and XVA, pricing and non-traded market risk/IRRBB. The team is … analysts with experience of market risk (VaR, FRTB SA/IMA), counterparty risk (IMM and XVA), derivative pricing (cross asset derivatives including development and validation) and treasury risk (IRRBB, ALM, liquidity risk/stress models). Experience of climate risk models would also be useful. The work is a … mix of pure advisory, resource augmentation (execution of a quant assignment on a client site), model validation (either outsourced validation or ad-hoc, post implementation review) as well as model design and implementation. There will be the opportunity to contribute to various thought leadership activities, white more »

Role Overview: The candidate will support in validating models used in IRB (Basel/Capital), IFRS9 Impairment, and Business Model Risk Management. Key Responsibilities: Independent Review: Conduct independent reviews and challenges of models. Technical Analysis: Perform technical and data analyses, benchmarking, and build challenger models if necessary. Reporting: Produce … high-quality validation reports, highlighting limitations, weaknesses, and assumptions. Technical Development: Stay updated with new modelling and validation techniques; contribute to technical presentations for team development. Stakeholder Management: Support the team lead in liaising with model owners, provide high-quality input to modellers, ensure open communication with … stakeholders, and uphold the Group Model Risk Policy. Decision-making: Independently manage projects, interpret deviations, take corrective actions, measure KPIs, and adhere to timelines. Person Specification: Quantitative Skills: Expertise in model validation and risk management, with knowledge of regulatory requirements. Qualitative Skills: Strong leadership and influencing abilities. 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 »

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, 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 »

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, 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 Groups risk management framework, which is widely used across the business to assist with … 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 »

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 »

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 »

AI Prompt Engineer and Large Language Model Specialist London (Hybrid) Up to £105k basic + Excellent Bonus & Benefits About Us: My client is at the forefront of artificial intelligence and machine learning technologies with a team of passionate and highly skilled individuals dedicated to pushing the boundaries of what … is possible with AI. Job Description: AI Prompt Engineer and Large Language Model (LLM) Specialist to join our dynamic team. In this role, you will develop, test, and deploy state-of-the-art language models for a wide range of domains and tasks. You will also design, develop, test … LLMs. Prototype LLM scenarios for user testing purposes. Lead cross-functional teams to deliver features in an iterative manner. Develop automated processes for predictive model validation, deployment, and implementation. Influence the AI/ML stack like Feature Stores, Model Stores, and automated MLOps to maximize value from more »

RRP and TWD scenario is recognized, measured and managed across the firm on a sustainable basis, including application of quantitative and qualitative techniques Document model assumptions and work with Model Validation Group (MVG) to get the models validated including periodic review of assumptions Collaborate with other teams … Risk (e.g. Stress Testing Group) to deliver and continuously comply with the TWD and RRP requirements Involvement in strategic IT development and UAT on model implementation and policy changes Support annual regulatory deliverables including ILAAP, Recovery Plan, Funding in Resolution Playbook Role Requirements Ideally experience from an Investment bank … profiles of their associated securities products (for example derivatives; prime brokerage; secured funding and structured lending) Strong modelling skills/stress testing – able to model resolution scenarios where you are analysing what part of the bank will be run down and what will not. Good IT Literacy, with a 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 »

What you will do Create BIM documentation focused on delivering the BIM goals, launching projects collaboratively and driving forward the BIM agenda Carry out model validation checks in terms of geometry and data, chair coordination reviews and liaise with model managers for resolutions. Support the deployment of … field data management systems, review validity of information collected against information deliverables. Facilitate delivery of the federated 3D model, hosted and linked BIM data including COBie. Ensure that data exchange protocols are adhered to by the project team and liaise with design team manager on compliance issues. Requirements Ability 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 »

have appropriately been complied with. Requirements 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 »

Risk A Market Leading Trading Firm is hiring a Senior Quantitative Engineer to work directly with researchers and traders building risk models and maintaining validation infrastructure. Offering opportunity for fast paced progression and chance to innovate the frameworks upon which the trading algos are based, tuning critical software services more »

and translating them into therapeutics. Principal Computational Biologist key responsibilities: – Lead the ‘advanced modelling’ workstreams, and be the point of contact and a role model for advanced modelling within the company. – Maintain strong domain knowledge of leading ‘omic and ‘big data’ computational methods – Drive experimental design & modelling of phenotyping more »

site visits. Key Responsibilities Lead the ‘advanced modelling’ squad within the In Silico Biology Team, and be the point of contact and a role model for advanced modelling within the company. Maintain strong domain knowledge of leading ‘omics' and ‘big data’ computational methods Drive experimental design & modelling of deep more »