Head of Model Validation - London, United Kingdom - Starling Bank

Starling Bank

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Hello, we're Starling.

We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We're a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company.

We're a bank, but better:
fairer, easier to use and designed to demystify money for everyone.

Since our launch in 2014, we've opened over three million accounts and we've been voted Best Current Account Provider five years in a row.

We employ more than 2,300 people across our London, Southampton and Cardiff offices and will open our Manchester office in 2023.

We're looking for a Head of Model Validation, who will be responsible for defining the framework for model validation at Starling Bank, and to undertake validation of critical models.

Key Responsibilities

Accountable for the validation of all material models at the Bank.
Lead, direct and undertake the independent validation of models, including IFRS 9, forecasting and decisioning models.
Define policies, procedures and standards for model validation, ensuring that activities are carried out to high standards and in line with regulatory requirements.
Define and oversee model validation activities undertaken outside own area, e.g. externally.
Record and track model validation findings through to resolution.
Ensure model validation is documented to a high standard, and present outputs to senior stakeholders and committees.
Keep track of industry trends and regulatory requirements to continually enhance the Bank's approach to model validation.

Requirements:

10+ years' experience in model development or validation related roles within a Banking environment.
Strong experience of IFRS 9 and credit risk modelling.
Exposure to other model types (e.g. Financial Risk, Machine Learning, AI) preferred.
Proven experience in influencing, negotiation and relationship management.
Strong communication skills, with experience of preparing and presenting documents in relation to models.
Coding experience in Python, R, SAS or similar.
Good knowledge of model risk governance.

Benefits:

25 days holiday (plus take your public holiday allowance whenever works best for you)
An extra day's holiday for your birthday
Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
16 hours paid volunteering time a year
Salary sacrifice, company enhanced pension scheme
Life insurance at 4x your salary
Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
Generous familyfriendly policies
Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us
We're on a mission to radically reshape banking - and that starts with our brilliant team.

Whatever came before, we're proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we're proud of our ongoing efforts to foster diversity & inclusion in the workplace.

Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.