Model Governance Analyst (Data Scientist)

Interactive Brokers; London; Hybrid; GBP 55,000 - 70,000; Full time

Job summary

A major online broker seeks a skilled professional in London for a role focusing on model governance and risk management. Candidates should possess robust analytical skills and experience with Python and Oracle databases. This position offers hybrid working options and extensive benefits including performance bonuses and health plans.

Benefits

Career support and development

Performance-based discretionary cash bonus scheme

Discretionary stock grant

Group Life Assurance cover

Access to Private Medical Insurance

Daily company-paid lunch

Cycle to work scheme

Qualifications

• Minimum 2 years of relevant experience in financial institutions.
• Experience developing, testing, tuning, and validating models.
• Knowledge of model risk related to AML, Sanctions, and Market Manipulation.

Responsibilities

• Develop and update model tuning plans.
• Perform qualitative and quantitative analysis of financial crime data.
• Conduct testing and tuning for AML and Trade Surveillance Reports/Models.

Skills

Analytical Skills

Documentation

Experience with Python

Financial Crime Data Analysis

Education

Bachelor's or Master's Degree in Computer Science

Tools

Oracle

Job description

Social network you want to login/join with:

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Client:

Interactive Brokers

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

3306e3bddd3f

Job Views:

17

Posted:

22.06.2025

Expiry Date:

06.08.2025

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Job Description:

Responsibilities:

• Develop and update model tuning plans.
• Maintain model governance framework and keep all supporting documentation up to date.
• Interact with key model governance and other leadership stakeholders across Interactive Brokers around model risk during all model lifecycle stages to ensure effective governance and oversight of model identification, development, use, and evaluation processes.
• Assess model documentation, including development, monitoring, and implementation documentation, for completeness against program standards and templates.
• Perform qualitative and quantitative analysis of financial crime data. Develop codes to perform data analyses using Python and SQL.
• Perform UAT testing of model changes.
• Conduct testing and tuning for AML and Trade Surveillance Reports/Models.
• Validate algorithm and programming logic in Python, SQL, and Java.
• Support maintenance of documentation related to tuning reports, schedules, and data analyses.

The ideal candidate will have some regulatory compliance experience working for an exchange, a regulatory organization, a Broker Dealer (BD), a Futures Commission Merchant (FCM), or a similar organization.

Qualifications & Skills:

• Bachelor's or master's degree in computer science or related field.
• Experience in documentation, PowerPoint presentations, and Excel with strong analytical skills.
• Minimum two years of relevant experience developing, testing, tuning, and validating models at financial institutions.
• Minimum of two years of experience in relational databases (Oracle).
• Experience with Python or similar scripting languages.
• Knowledge of model risk related to AML, Sanctions, and Market Manipulation.

Interactive Brokers is an online broker offering trading access for experienced traders to products traded on 150 markets and exchanges worldwide. IBUK is part of a global group of financial services companies with over $12 billion in equity capital and publicly traded under the symbol "IBKR."

Location:

20 Fenchurch Street, London, EC3M 3BY

9 am – 6 pm, Monday – Friday

Benefits:

• Career support and development
• Salary commensurate with experience
• Performance-based discretionary cash bonus scheme
• Discretionary stock grant
• Group Life Assurance cover
• Group Income Protection
• Occupation pension scheme based on Gross earnings
• Hybrid working model
• Above statutory annual leave, increasing with service
• Daily company-paid lunch and healthy snack options throughout the day (when working from the office)
• Access to Private Medical Insurance, Dental Plan, and Health Cash Plan (including dependants)*
• Corporate events
• Travel season ticket loans
• Cycle to work scheme

*on successful completion of the probation period

Interactive Brokers is an Equal Opportunity Employer committed to offering employees a diverse, equitable, and inclusive workplace.

If you have what it takes to become part of our London office team, please apply today!

Interactive Brokers (UK) values promoting, monitoring, implementing best practices, policies, procedures, and culture in adhering to and promoting the FCA Consumer Duty within the organization.