Model Risk Business Analyst

mthree Recruiting Portal; United Kingdom; On-site; GBP 45,000 - 65,000; Full time

Job summary

A prominent investment bank in the United Kingdom is seeking a Model Risk Business Analyst to join their Risk Management Division. This role entails collaborating with stakeholders, gathering business requirements, and leading user acceptance testing. Ideal candidates will have 1-3 years of relevant experience, strong data analysis abilities, and excellent communication skills. The position offers a dynamic work environment where your contributions will enhance the firm's model inventory and risk processes.

Qualifications

• 1-3 years of relevant experience in model risk or risk-related change programs.
• Experience in developing documentation and user guides.
• Ability to lead UAT testing.

Responsibilities

• Gather business requirements for the Firm's Model Inventory.
• Collaborate with stakeholders and vendors to deliver project phases.
• Support the development of training materials.

Skills

Strong writing skills

Strong communication skills

Data analysis skills

Detail-oriented

Time management skills

Ability to work independently

Job description

Model Risk Business Analyst - Investment Bank

A highly respected investment bank requires a Model Risk Business Analyst to work within their Risk Management Division.

Department

The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm’s risk‑return profile which ensures the efficient deployment of the firm’s capital.

This role involves working with key stakeholders to gather business requirements, enhance the Firm’s Model Inventory, and streamline existing control and reporting processes. You’ll be responsible for developing documentation, preparing test cases, leading UAT testing, and supporting the rollout of Model Risk training across all regions.

Responsibilities

• Gather business requirements and implement strategic solutions for the Firm's Model Inventory
• Collaborate with key stakeholders, Model Governance teams, and vendors to deliver project phases
• Lead UAT testing to ensure requirements are met
• Support the development of user guides and training materials
• Provide business analysis to support integration of Model Risk tools

Skills and Experience Required

• 1-3 years of relevant experience
• Strong writing, presentation, and communication skills
• Experience working in model risk or risk-related change programs
• Ability to work independently with minimal guidance
• Strong data analysis and visualization skills (charts, presentations)
• Proactive, detail‑oriented, with strong time management skills