Model Risk Validation Specialist (Hybrid)

Description This; Swindon; Hybrid; GBP 55,000 - 75,000; Full time

Benefits offered by this job

Private medical insurance

Pension plan

Bonus program

Training and development

Salary sacrifice scheme

Life assurance

Wellhub health and wellness

Paid volunteering days

Job summary

Nationwide in Swindon is seeking a Risk Analyst to support independent validation of business-critical models within our Financial Risk Oversight function.

The role involves applying statistical techniques, conducting independent reviews of model developments, and ensuring compliance with regulator Model Risk Management principles. You will present findings to senior management and help evolve our modelling capability through collaboration.

Qualifications

• A degree in a numerate discipline or experience with statistics and programming.
• Demonstrate a strong aptitude for programming with SAS/Python/R (training provided).
• Ability to work with data, interpret results and make recommendations.

Responsibilities

• Validate models used for regulatory capital estimation and risk forecasting.
• Conduct independent review and challenge of model developments.
• Evaluate model design, assumptions, and performance.
• Produce high-quality validation reports for stakeholders.
• Engage with colleagues to build cross-functional relationships.

Skills

SAS

Python

R

VBScript

Data analysis

Communication

Education

Numerate degree

Job description

Nationwide in Swindon is seeking a Risk Analyst to support independent validation of business-critical models within our Financial Risk Oversight function.

The role involves applying statistical techniques, conducting independent reviews of model developments, and ensuring compliance with regulator Model Risk Management principles. You will present findings to senior management and help evolve our modelling capability through collaboration.