Lead Model Validation Analyst up to £90000

Morson Edge Careers; Greater London; Hybrid; GBP 76,000 - 90,000; Full time

Job summary

A leading financial services firm is seeking a Lead Model Validation Analyst to oversee and enhance financial models across various domains. This hybrid role demands 7+ years of experience in model risk management or scorecard/model development, alongside a relevant degree. Key responsibilities include ensuring compliance with IFRS 9, producing validation reports, and collaborating with teams for effective model management. Competitive salary of up to £90,000 plus bonus and benefits offered.

Benefits

Bonus

Benefits

Qualifications

• 7+ years' experience in scorecard/model development or model risk management.
• Strong understanding of IFRS 9 and model governance standards.
• Proven ability to produce model documentation and validation reports.

Responsibilities

• Own the model risk management agenda, ensuring all models' integrity.
• Oversee model performance monitoring, recalibrations, and stress testing.
• Develop and refine models for business objectives and regulatory compliance.

Skills

Model risk management

Financial modeling

Quantitative analysis

Regulatory compliance

Education

Bachelor's or Master's degree in a quantitative discipline

Ph.D. (preferred)

Job description

Lead Model Validation Analyst

Location: London

Salary: Up to £90,000 + Bonus + Benefits

Working Pattern: Hybrid / Flexible

Overview

Our client is seeking a Lead Model Validation Analyst / Developer to take responsibility for the design, oversight, and governance of key financial models across marketing, acquisitions, customer management, and impairment provisioning. This is a strategic position that combines model development expertise with strong model risk management oversight.

Key Responsibilities

• Own and drive the model risk management agenda, ensuring conceptual soundness and technical integrity of all models and scorecards models.
• Oversee model performance monitoring, recalibrations, and stress testing.
• Collaborate with first-line teams to address model risks and strengthen design robustness.
• Develop and refine models aligned with business objectives and regulatory expectations.
• Produce comprehensive model documentation and validation reports for senior stakeholders.
• Ensure compliance with IFRS 9 and internal model risk governance standards.

Continuously enhance model risk methodologies and frameworks.

Candidate Profile

• Bachelor's or Master's degree in a quantitative discipline (Finance, Maths, Statistics, Economics, or Computer Science); Ph.D. preferred.
• 7+ years' experience in scorecard / model development or model risk manag...