Model Risk Validation Specialist – Hybrid

Leeds Building Society; Holystone; Hybride; GBP 60 000 - 90 000; Plein temps

Avantages offerts par ce poste

Annual bonus up to 12%

Matched pension contributions up to 10

26 days holiday

Volunteer days

Résumé du poste

Leeds Building Society's Prudential & Enterprise Risk team seeks a Model Validation Specialist on a permanent or 18-month fixed term basis to validate financial and credit risk models across the lifecycle, collaborating with the Model Validation Lead to ensure compliance and robust documentation.

You will use Python, SQL, SAS, and R to analyze models, prepare committee materials, and support climate risk modelling, regulatory developments, and continuous improvement in a hybrid work setting.

Qualifications

• Experience of model validation and/or model development within financial services, covering relevant credit or financial risk models across the model lifecycle.
• Knowledge of model classes such as residential mortgage IRB models (PD, LGD and EAD), scorecards, IFRS 9, affordability, forecasting, stress testing, market risk, capital, liquidity or pricing.
• Strong numerical and analytical skills, with the ability to structure problems, assess evidence and draw clear conclusions from data.
• Practical programming and data-handling experience using Python, SQL, SAS, R or a similar tool.
• An understanding of model risk drivers, statistical techniques, model performance metrics and validation approaches, with the ability to assess model design, data, assumptions, implementation and outputs.
• The ability to work independently with support from the Model Validation Lead, manage multiple reviews, priorities and deadlines, and recognise when issues need escalation.
• Strong written and verbal communication skills, enabling you to explain technical issues and validation conclusions clearly to technical and non-technical stakeholders and document work to a high standard.
• A well-organised and collaborative approach, strong attention to detail, professional curiosity, integrity, and a commitment to quality and continuous improvement.

Responsabilités

• Deliver independent validation reviews of key models and deterministic methods through analysis, testing and evidence gathering.
• Assess model design, data, assumptions, implementation and outputs, identify limitations and potential improvements, validate model changes and mitigants.
• Prepare clear review documentation and committee materials, maintain communications with model owners.
• Collaborate across Prudential and Enterprise Risk, Risk, Finance and Internal Audit.
• Support the model risk management framework, develop analytical solutions using Python and AI/ML tools, contribute to climate risk modelling and scenario analysis.
• Keep abreast of regulatory developments and industry best practice.

Connaissances

Python

SQL

R

SAS

Data analysis

Model validation

Outils

Python

SQL

SAS

R

Description du poste

Leeds Building Society's Prudential & Enterprise Risk team seeks a Model Validation Specialist on a permanent or 18-month fixed term basis to validate financial and credit risk models across the lifecycle, collaborating with the Model Validation Lead to ensure compliance and robust documentation.

You will use Python, SQL, SAS, and R to analyze models, prepare committee materials, and support climate risk modelling, regulatory developments, and continuous improvement in a hybrid work setting.