New Credit Model Validation Manager (Fully Remote)

Monzo; United States; Remote; USD 120,000 - 180,000; Full time

Benefits offered by this job

Flexible working hours

Remote options

£1,000 learning budget and home setup

Job summary

Monzo is a digital bank on a mission to make money work for everyone, offering personal and business accounts, savings, investments, and pensions. Monzo has a growing team and a culture focused on innovation and financial education.

We seek a Lead Credit Model Validation specialist to lead independent validation across Monzo's credit model portfolio, work with impairment, capital, stress testing, forecasting and credit decisioning, and present findings to committees.

Qualifications

• Strong experience in credit model development or validation.
• Deep knowledge of statistical techniques and model risk management.
• Strong SQL and Python skills.

Responsibilities

• Lead independent validation across Monzo's credit model portfolio.
• Work with models for impairment, capital, stress testing, forecasting, and credit decisioning.
• Challenge model assumptions and perform statistical analyses.
• Write validation reports and present findings to committees.
• Partner with first line of defence and wider risk teams.

Skills

Credit modeling

Model validation

Statistical analysis

Communication

Tools

SQL

Python

Job description

• Lead independent validation across Monzo's credit model portfolio.
• Work with models for impairment, capital, stress testing, forecasting, and credit decisioning.

Key Responsibilities:

• Challenge model assumptions and perform statistical analyses.
• Write validation reports and present findings to committees.
• Partner with first line of defence and wider risk teams.

Requirements:

• Strong experience in credit model development or validation.
• Deep knowledge of statistical techniques and model risk management.
• Strong SQL and Python skills.

Benefits & Culture:

• Flexible working hours and remote options.
• £1,000 learning budget and home setup support.
• Inclusive environment and equal opportunities.

Monzo

Monzo is a digital bank on a mission to make money work for everyone, offering personal and business accounts, savings, investments, and pensions. With a long history of creating magical customer moments and award-winning service, Monzo has a growing team and a culture focused on innovation and financial education.