Senior Model Validation Analyst

Skipton Building Society; Skipton; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Annual bonus

25 days leave + bank holidays

Pension contribution

Private medical insurance

Flexible working

Home and Tech voucher

Job summary

Skipton Building Society is seeking a Senior Model Validation Analyst to validate critical models and provide independent assurance on governance and decision support. You’ll present findings to senior stakeholders and influence risk decisions.

The role blends office and homeworking with in-person collaboration, offering a comprehensive benefits package and a focus on strong technical and communication skills.

Qualifications

• Degree in a mathematical or analytical field.
• Experience in assurance capacity and collaboration with audit providers.
• Knowledge of model validation techniques and regulatory environment.
• Ability to critically analyse and validate complex statistical models.
• Strong data science skills across analytics lifecycle.

Responsibilities

• Conduct independent validation of key models using quantitative and qualitative testing.
• Support tracking and management of Model Risk across Skipton.
• Write clear validation reports and communicate to senior stakeholders.
• Build relationships and communicate complex concepts simply and credibly.
• Support model-related internal and external audits.

Skills

Model validation techniques

Desktop reviews

Statistical testing

Challenger model development

Critical analysis of statisticalModel

Regulatory knowledge (SS1/23, IFRS9)

Data science skills

Python

Excel

SAS

SQL

Education

Degree in mathematical or analytical field

Tools

Python

Excel

SAS

SQL

Job description

Hours

This role is for a permanent position working full time 35 hours per week.

Hours

This role is for a permanent position working full time 35 hours per week.

For most of our roles there's the option of blended working, which means we mix working from home and meeting in person with three days a week in our Skipton office and two days a week from home.

Closing Date

Thu, 24 Sept 2026

Job introduction

Skipton has an exciting opportunity for you to join us as a Senior Model Validation Analyst. You will be validating the models and algorithms that support critical business decisions. You'll provide independent assurance on strategic models, delivering clear insights and challenge to stakeholders while combining technical expertise, commercial awareness and strong influencing skills to drive effective decision making and governance.

What You’ll Do

Your key responsibilities will include:

• Conduct independent validation of the Society's key models, using quantitative and qualitative testing to assess model performance, design, deployment and monitoring.
• Support in the tracking and management of Model Risk across Skipton.
• Write clear validation reports and stakeholder communications including presentation to senior stakeholders at our Model Risk Committee.
• Build and maintain strong relationships across the business by being recognized as a highly cre dible individual who can communicate complex concepts in a simple to understand, straightforward manner.
• Support model-related internal and external audits.

What You’ll Need

• Knowledge of model validation techniques, including desktop reviews, statistical testing and challenger model development.
• An ability to critically analyse and validate complex statistical models across a range of business areas, utilising a balance of business and regulatory knowledge combined with statistical rigour.
• An understanding of the prudential regulatory environment, including Regulatory Capital frameworks (Standardised and IRB), IFRS 9, and most importantly Model Risk Regulation (SS1/23).
• Degree educated in a mathematical or analytical field.
• Experience of operating in an assurance capacity and working with other assurance providers (e.g. Internal and External Audit).
• Strong data science skills covering the analytics Lifecyle.
• Strong knowledge of at least one of Python, Excel, SAS, and SQL , with an aptitude and enthusiasm for learning other analytical tools.

What’s In It For You

Your work matters.

And the way we reward you matters, too.

At Skipton, we offer pay and benefits that really do make life better, together with a genuine thank you for making a difference.

• Annual discretionary bonus scheme
• 25 days standard annual leave + bank holidays + rising 1 day per year of service to a max of 30 days
• Matching employer pension contribution (up to 10% per annum)
• Colleague Mortgages and access to Skipton products and services at discounted rates
• Flexible working to help balance your commitments
• Private medical insurance, health and wellbeing app, volunteering opportunities, cycle-to-work scheme, discounted gym memberships
• Lifestyle perks such as a Home and Tech voucher, which can be used at John Le wis, Currys, and IKEA

We’re here to make life better for our members.

About Skipton.

Our story began in 1853 in Skipton, North Yorkshire. Today, you’ll find us across England and Scotland, from Aberdeen to Plymouth.

We help over a million members put down roots, save for what matters, and feel good about their money. As a mutual, they own us, so everything we do is for them. You'll feel that same fairness and purpose in how all 2,500 of our colleagues work together, too

It all means that life at Skipton is more exciting than you imagine.

What It's Like To Work Here

Life at Skipton

We talk and we listen to each other. And we make decisions as a team. That way, you get all the support you need to do work that works for everyone.

For most of our roles there's the option of blended working, which means we mix working from home and meeting in person with three days a week in our Skipton office and two days a week from home.

We also value what everyone brings to Skipton. And we create a fair place where you can be yourself. Our colleague networks play a big role in this. They connect people with similar life experiences and make our workplace warm, friendly, inclusive and welcoming.

It’s not just our members who are important to us.

You are, too.

Lots of organisations talk about wellbeing, but they don’t always back it up. As a mutual, we put people first. And that includes the people who work here. So, when we say we care about your wellbeing, we mean it.

Wellbeing isn't just one thing. It’s about feeling good, having energy, and being able to be yourself and perform at your best. That’s why we offer help for your mental and physical health across five key areas.

What’s more, it’s help that you can actually use too - not just read about.