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    Risk Model Validation Quantitative Specialist - London, United Kingdom - Nexus Jobs Limited

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    Description

    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 risk including necessary communication of key facts and issues identified through those activities.

    Experienced in reporting of model risk to management.

    In depth understanding of Credit Models particularly PD LGD and EAD with associated assumptions, data requirements and methodology approach knowledge.

    Familiarity with analytical packages such as R, MATLAB, SAS.
    Fluent in English language and excellent verbal and written communications skills.
    Educated with an associated finance or mathematical discipline to a post graduate standard.
    Professional qualifications such as CFA, PRMIA etc.

    Direct regulatory liaison/relationship with the Bank of England Prudential Regulation Authority (PRA) on all retail model submissions, regulatory developments and capital impact assessments.

    Presentation of model risk papers for the risk oversite committees.
    SAS model developers willing to move into validation may be considered for other roles.
    Please send your CV to us in Word format along daily rate and availability. #


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