Model Risk Strategy Lead & Validation Expert

Coventry Building Society; Coventry; Hybrid; GBP 75,000 - 95,000; Full time

Job summary

A leading building society in the UK is seeking a Senior Manager for Model Risk Management and Validation. In this role, you will lead model risk initiatives, oversee the risk appetite process, and ensure compliance with regulatory standards. Candidates should have strong technical knowledge in Advanced IRB and IFRS9 models, and experience engaging with senior management. This position offers a competitive salary and excellent benefits, emphasizing flexibility and diversity in the workplace.

Benefits

28 days holiday plus bank holidays

Annual discretionary bonus

Personal pension with matched contributions

Life assurance

Private medical insurance

Health screening

Qualifications

• Proven experience in leading model risk management initiatives.
• History of successful engagement with senior management.
• Expert-level knowledge of key relevant modeling sets.

Responsibilities

• Oversee the model risk appetite process.
• Develop and maintain the Model Risk Framework.
• Ensure alignment with internal standards and regulatory expectations.

Skills

Leadership in model risk management

Stakeholder engagement

Technical knowledge of Advanced IRB models

Expertise in IFRS9

Credit forecasting models

Job description

A leading building society in the UK is seeking a Senior Manager for Model Risk Management and Validation. In this role, you will lead model risk initiatives, oversee the risk appetite process, and ensure compliance with regulatory standards. Candidates should have strong technical knowledge in Advanced IRB and IFRS9 models, and experience engaging with senior management. This position offers a competitive salary and excellent benefits, emphasizing flexibility and diversity in the workplace.