Model Risk Validation Officer

Model Risk Validation Officer

Join us as a Model Risk Validation Officer This is an opportunity for a passionate and driven risk specialist We’ll look to you to review and validate credit risk models It's an ideal role to gain detailed exposure to the developing world of model risk, as well as to a range of stakeholders and senior executives What you'll do This role will see you validate our credit models to identify model limitations and assess the models against external regulation, internal policies and standards.

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We’ll also look to you to perform challenger model development and sensitivity analysis to assess the adequacy of modelling or data assumptions,





documenting all the analysis in a succinct and clear manner.

Your responsibilities will also include: Managing your validation projects and communicating progress and issues to stakeholders Making sure that the management of models aligns with our model risk policy, and undertaking model risk assessments to identify potential risks Providing expert advice on aspects of risk management, including providing senior executives with relevant MI and reports, escalating concerns where appropriate The skills you'll need We’re looking for someone with a quantitative degree and experience of developing, reviewing, validating and implementing analytical credit risk measurement tools.

You should have a sound understanding of IRB requirements and good Python skills.







We’ll also expect: Knowledge of IFRS9 standards The ability to communicate, both verbally and in writing, to senior colleagues Excellent attention to detail

▶️ Model Risk Validation Officer
🖊️ NatWest
📍 Birmingham