Model Risk Senior Analyst

Are you ready to make a difference in the banking industry by ensuring robust and reliable models that drive critical decisions? Our client is looking for a passionate and skilled Model Risk Manager to join their team, where innovation meets responsibility.

Your Key Role:

• Enhance our Model Risk Management Framework to uphold regulatory standards and mitigate risks effectively.
• Independently validate and review models, including stochastic models and deterministic quantitative methods, that underpin critical banking decisions.
• Ensure compliance with regulatory frameworks such as ICAAP, ILAAP, and IRB requirements.
• Collaborate with teams across the bank to identify, assess, and mitigate model risks.
• Present your insights and findings to the Model Oversight Committee (MOC) and senior management.
• Stay ahead of regulatory developments and integrate industry best practices into our banking operations.

What You’ll Bring:

• Experience in IRB model validation and knowledge of key regulations like CRR, EBA, and PRA.
• A strong analytical background, with expertise in SAS, SQL, R, or Python to support model assessments.
• Educational credentials in statistics, mathematics, data science, or engineering.
• Exceptional communication skills to engage with stakeholders across all levels of the bank.
• A proactive, detail-oriented mindset with a collaborative approach to problem-solving.

InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.