Senior Specialist-Machine Learning Data Science

Virgin Money; Newcastle upon Tyne; Remote; GBP 55,000 - 65,000; Full time

Job summary

A leading company in the UK is seeking a Senior Specialist in Machine Learning to join their Independent Model Validation team. This role involves validating and overseeing various models, including credit risk and operational models, while leveraging emerging technologies like AI. The ideal candidate will possess a strong background in machine learning, statistical analysis, and Python programming, contributing to the development of best practices within the bank.

Benefits

38.5 days annual leave plus options to buy more

Up to five extra paid well-being days per year

20 weeks paid, gender-neutral family leave

Market-leading pension

Free private medical cover

Flexible benefits including Cycle to Work

Qualifications

• MSc or equivalent experience in a mathematical or computer science field.
• Significant experience in machine learning and AI modelling techniques.
• Strong statistical knowledge and expertise in Python programming.

Responsibilities

• Lead validation of traditional and machine learning models.
• Provide AI and data science expertise for model discussions.
• Generate validation reports and ensure follow-up on validation actions.

Skills

Machine Learning

AI Modelling Techniques

Python Programming

Statistical Knowledge

Data Presentation

Critical Thinking

Education

MSc or higher in Mathematical or Computer Science

Tools

SAS Programming

Job description

Business Unit: Group Risk, Independent Model Validation

Salary range: up to circa £60,000 per annum DOE + benefits

Location: UK Flexible/Remote

Contract type: Permanent

Our Team

We have an exciting opportunity for a Senior Specialist - Machine Learning in our Independent Model Validation team. The validation team plays a key role in validating, challenging, and overseeing VMUK's model landscape, including credit risk, financial, and operational models. You will work across a broad range of models spanning retail and business asset classes, driving insights and improvements in model outputs and controls.

With emerging technologies like Machine Learning and Generative AI, the financial modelling space is evolving rapidly. Our team provides oversight through independent validations and reviews in Artificial Intelligence, collaborating with stakeholders across the bank to ensure robust model development.

What you'll be doing

1. Lead the validation of traditional and machine learning models to ensure they are fit for purpose.
2. Provide AI and data science expertise to facilitate discussions between Model Development and Model Risk Management.
3. Engage with model owners, gather materials for analysis, challenge model performance, and document findings.
4. Utilise technical skills in data manipulation and extraction, assessing data from various sources.
5. Generate validation reports and ensure follow-up on validation actions.
6. Support the development of a best practice modelling culture within the bank.

We need you to have

1. A higher qualification in a mathematical or computer science field (MSc or above) or equivalent experience.
2. Significant experience in machine learning, ML engineering, and AI modelling techniques, including Generative AI.
3. Ability to independently develop and review modelling methodologies.
4. Strong statistical knowledge.
5. Experience with model development and validation in areas like Fraud or Financial Crime.
6. Expertise in Python programming.
7. Advanced knowledge of data science and data mining methodologies.
8. Excellent data presentation and report writing skills, ideally for a Model Risk Committee or similar.
9. Sound decision-making and critical thinking skills, with high accuracy standards.

Nice to have but not essential

• Knowledge of SAS programming.

Red Hot Rewards

• Generous holidays: 38.5 days annual leave plus options to buy more.
• Up to five extra paid well-being days per year.
• 20 weeks paid, gender-neutral family leave (total 52 weeks).
• Market-leading pension.
• Free private medical cover, income protection, and life assurance.
• Flexible benefits including Cycle to Work, wellness programs, and critical illness cover.

Benefits start from day one.

Interested?

If you're curious about this role, apply soon as we may close the advert early if interest is high.

We support flexible working to help you Live a Life More Virgin.

About Virgin Money

We are dedicated to becoming the UK's best digital bank, with a heritage of over 180 years. We focus on innovation, customer obsession, and making a positive impact through our purpose: 'Making You Happier About Money.' Join us to experience a flexible, inclusive culture that values diversity and inclusion.

Our commitment to inclusion

We strive to create a workplace that reflects our diverse customer base. As a Disability Confident Leader, we support reasonable adjustments for applicants. We may limit interviews for high-volume applications but aim to treat all fairly.

Legal and other info

Roles are UK-based if applicable, with necessary checks before employment. We require proof of right to work, references, and background checks as appropriate.