Model Risk Manager

Vallum Associates; Greater London; Presencial; GBP 90.000 - 150.000; Jornada completa

Descripción de la vacante

Vallum Associates in London seeks a senior Model Risk Manager to lead a small team of quantitative risk analysts and report to the Head of Model Risk.

The role covers validating valuation models, developing risk methodologies, and setting governance standards for model validation.

You will work on non-standard transactions, contribute across risk teams, and drive efficiency in processes while mentoring colleagues.

Formación

• Experience designing risk methodologies for non-standard transactions.
• Strong risk modelling across risk areas.
• Experience executing model validation processes and policies.
• Ability to improve efficiency of manual processes.
• Proven cross-team collaboration and internal-external stakeholder management.

Responsabilidades

• Design and implement risk methodologies, especially for non-standard transactions.
• Independently validate front office pricing and valuation models.
• Contribute to governance and policy for model validation practices.
• Model market data for commodity risk factors.
• Support other risk teams on quantitative risk models and methods.
• Assist with small programming tasks to improve efficiency.

Conocimientos

Structured risk methods

Risk modelling

Model validation

Cross-team collaboration

Team development

Descripción del empleo

Report to the Head of Model Risk you will Play a senior/leading role within a small team of quantitative risk analysts.

Job Description:

The principal role of the Model Risk Manager is to lead & steer a range of activities needing quantitative input across the wider Risk department.

This is expected to include the validation of valuation models as well as the development of risk methodology for the use of quantifying, measuring, and monitoring the risks inherent.

Responsibilities

• Design & implementation of risk methodologies, in particular for non-standard transactions
• Independent validation of front office pricing and valuation models
• Contribute to shaping and governance of model validation policy and practices.
• Modelling of market data for commodity risk factors.
• Support other Risk teams on all quantitative risk models and methods
• Support other Risk teams on small tactical programming tasks that enhance efficient ways of working

Requirements

• Developing trading standard risk methods for structured and long dated transactions
• Better risk modelling across all Risk areas
• Execution of Model Validation process and policy
• Efficiency improvements of manual processes that cannot be outsourced to IT&C
• Successful cross-team (internally and externally) and within-team collaboration.
• Team development - Develop one's own knowledge of our growing business, and help to foster the development of the Model Risk team’s broader knowledge and capabilities.