Model Validation Manager — Quant Risk Lead

lseg; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

London Stock Exchange Group (LSEG) is seeking a Model Validation Manager to lead the annual validation cycle across all clearing services including SwapClear and CaLM. You will report to the Quantitative Analysis and Model Validation Director within the CRO function and drive validation deliverables.

You will maintain model inventories, produce validation reports, and provide MI to ERC and RiskCo while engaging with internal teams and external validators.

Qualifications

• Issues: strong quantitative risk background with model validation or development experience in financial services.
• Understand central clearing business.
• Knowledge of VaR, ES and stress testing.

Responsibilities

• Manage the execution of the annual LCH Ltd Model Validation cycle and off-cycle reviews within regulatory timelines.
• Support policy maintenance for model governance, validation and review.
• Validate margin, pricing, credit rating, stress test, liquidity and collateral risk models; coordinate with internal and external validators.
• Maintain model inventory, action tracking, validation reports and provide MI to executive committees.
• Provide insight on model validation topics and act as SME for LCH Ltd in internal and regulatory engagements.
• Support other risk managers and develop analytical tools for risk analysis.

Job description

London Stock Exchange Group (LSEG) is seeking a Model Validation Manager to lead the annual validation cycle across all clearing services including SwapClear and CaLM. You will report to the Quantitative Analysis and Model Validation Director within the CRO function and drive validation deliverables.

You will maintain model inventories, produce validation reports, and provide MI to ERC and RiskCo while engaging with internal teams and external validators.