Model Risk Business Analyst

mthree Recruiting Portal; United Kingdom; On-site; GBP 45,000 - 60,000; Full time

Job summary

A respected investment bank in the United Kingdom is seeking a Model Risk Business Analyst to enhance their Model Inventory and streamline reporting processes. The ideal candidate will have 1-3 years of experience, strong analytical skills, and the ability to work independently. Responsibilities include gathering requirements, leading testing phases, and supporting training rollout. The organization offers a dynamic environment focused on risk management.

Qualifications

• 1-3 years of relevant experience in model risk or related fields.
• Strong writing, presentation, and communication skills.
• Ability to work independently with minimal guidance.

Responsibilities

• Gather business requirements and implement strategic solutions.
• Collaborate with key stakeholders and vendors.
• Lead UAT testing to ensure requirements are met.

Skills

Strong writing skills

Presentation skills

Communication skills

Data analysis and visualization

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