Model Risk & Validation Lead

Arthur; Greater London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A financial services company is looking for a Model Risk & Validation Lead to manage internal model validation in both the Lloyd’s and company markets. You'll ensure effective governance and lead external validator interactions while overseeing a diverse range of models including pricing and reserving activities. Strong experience in model validation and management is essential for this position.

Qualifications

• Extensive experience in model validation and governance.
• Proficiency in managing external validators.
• Strong understanding of risk management frameworks.

Responsibilities

• Manage the validation plan and ensure robust governance.
• Lead discussions with external validators.
• Oversee various models including pricing and reserving.

Job description

We’re seeking a Model Risk & Validation Lead to take ownership of internal model validation across both the Lloyd’s and company markets.

While the majority of validation activity is outsourced, you’ll be accountable for managing the validation plan, ensuring robust governance, and leading presentations and discussions with external validators.

Beyond internal models, you’ll provide oversight across a broader suite of models, including pricing, reserving and emerging AI-driven applications, ensuring rigorous risk management and governance frameworks are consistently applied across the business.