Model Risk Business Analyst

mthree Recruiting Portal; United Kingdom; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player seeks a Model Risk Business Analyst to join their Risk Management Division. This pivotal role involves collaborating with key stakeholders to enhance the Firm's Model Inventory and streamline control processes. You will be responsible for gathering business requirements, leading UAT testing, and supporting the rollout of Model Risk training across regions. The ideal candidate will possess strong data analysis skills, excellent communication abilities, and a proactive approach to problem-solving. Join this dynamic team and contribute to the effective management of the firm's risk-return profile!

Qualifications

• 1-3 years of relevant experience in model risk or risk-related programs.
• Strong writing, presentation, and communication skills required.

Responsibilities

• Gather business requirements and implement strategic solutions.
• Lead UAT testing to ensure requirements are met.
• Support the development of user guides and training materials.

Skills

Business Analysis

Data Analysis

Communication Skills

Presentation Skills

Risk Management

UAT Testing

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