Senior Model Validation Manager, Market Risk

London Stock Exchange Group; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

London Stock Exchange Group is seeking a Model Validation Manager within the CRO function. You will lead the annual validation cycle for LCH Ltd’s risk models, challenge model owners, and support policy governance across clearing services.

Strong Python/SQL skills, regulatory knowledge, and stakeholder management are essential. You will collaborate across LSEG teams, manage model inventories and deliver insights to senior committees, helping drive risk accuracy and governance in a complex

Qualifications

• Strong experience in quantitative risk, model validation or model development in a financial services organisation.
• Good understanding of central clearing business.
• Ability to review risk models and provide challenge to senior technical colleagues.

Responsibilities

• Manage annual model validation cycle for LCH Ltd including off-cycle reviews.
• Provide effective challenge to model owners on model formulation and implementation.
• Support Quantitative Analysis and Model Validation Director in maintaining market risk policies.
• Validate initial margin models, pricing models, credit rating models, stress tests, liquidity and collateral risk frameworks.
• Coordinate with LSEG Model Validation Team, Procurement and external validators.
• Maintain model inventory, actions tracking, reports and MI to ERC and RiskCo.
• Provide insights on model validation topics and act as SME for LCH Ltd.
• Support other risk managers with quantitative analysis and develop analytical tools.

Skills

Model validation

Quantitative risk

Python

SQL

Regulatory knowledge

Stakeholder management

Education

Degree in numerical or scientific field

Post-graduate qualifications

Professional qualifications (advantageous)

Tools

Python

SQL

Job description

London Stock Exchange Group is seeking a Model Validation Manager within the CRO function. You will lead the annual validation cycle for LCH Ltd’s risk models, challenge model owners, and support policy governance across clearing services.

Strong Python/SQL skills, regulatory knowledge, and stakeholder management are essential. You will collaborate across LSEG teams, manage model inventories and deliver insights to senior committees, helping drive risk accuracy and governance in a complex