Senior Model Risk Manager - Bristol, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

Bristol, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About the role
Our newly formed Model Risk team is growing and you can be a part of that

We have an opportunity for two Model Risk experts to join the Risk team.

As a Senior Model Risk Manager, you will support the Head of Model Risk to deliver a robust group wide model validation function, establishing best practice in the design, management,validation and use of material models across the Group.

What you'll be doing

Model Validation framework in conjunction with the Head of Model Risk manage and maintain the Group Model Risk Framework
Subject matter expert on statistical modelling
Provide thought leadership to the Head of Model Risk, CRO and the Company Secretariat to ensure an appropriate governance structure is in place
Model Validation provide effective challenge to model assumptions, mathematical formulation, and implementation across HL business lines

Model support

Drive stakeholder interaction with model developers and business owners during the model lifecycle
Carry out validation of specific models

Key models will include:
capital, liquidity, stress testing, client insight, wealth and fund management

Be accountable for day to day activities including maintenance, regular update and accuracy of the model register and the management of the validation schedule
Assess and quantify model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls
Shape the model risk strategy, and provide expertise crossfunctional initiatives within the model risk organisation
Own and present model validation findings to Accountable Executives and executive level committees

About you

Experienced delivering at a senior level, in a role with a similar governance model.
Demonstrable experience of modelling for ICAAP/ICARA, modelling for wider decisionmaking and the core techniques within a validation role.
Significant experience of providing quantitative analysis to stakeholders
Broad stakeholder management skills with an ability to lead technical experts.
Operate professionally with integrity and discretion, able to manage sensitive data appropriately
Solution focused mindset with the ability to use own experience to develop innovative solutions and resolve complex issues
Strong experience of using the outputs from modelling activity as an input to risk profile reporting
Specialist knowledge of model governance regulatory and industry best practice expectations.
Good understanding of Financial Services, in particular the Wealth industry
Excel expert, in addition to significant programming skills: 'R', Python, Matlab, SAS, R, Java, Oracle and SQL.

Interview process
Two stage process.

Working Schedule
We are based in Bristol, BS1 5HL. This role is a permanent role and full time.

We have returned to the office, however for this role we offer a hybrid flexible working pattern to enable you the option of working from home and coming into the office.

Why Us?
Here at HL, we're the UK's number 1 investment platform for private investors, based in Bristol. For more than 40 years we've helped investors save time, tax and money on their investments.

To achieve our mission, we believe we have a workplace like no other, with constant learning, dynamic teams, and a great ethos.

We're steered by core values that promote service, quality, innovation, and opportunity in everything we do.

What's on offer?

Discretionary annual bonus & annual pay review
25* days holiday plus bank holidays and 1day additional Christmas closure time
Option to purchase an additional 5 days holiday per year
Flexible working options available, including hybrid working
Pension scheme up to 11% employer contribution
Sharesave scheme have a real stake in HL's future
Income Protection & Life insurance (4 x salary core level of cover)
Health care cash plans including optical, dental, and out patientcare
Gympass gym memberships and wellbeing apps available
Variety of travel to work schemes with free bike storage and shower facilities
An inhouse barista serving subsidised coffee and snacks
Join HL's sports, I&D networks and volunteering groups (two paid volunteering days per year)
LifeWorks Discounts on services, restaurants and retailers

- up to 30 days depending on role level & increasing with length of service

This role may also be available on a flexible working or part time basis - please ask the Recruitment & Onboarding team for more information.