Senior Manager- Model Risk Management

London Permanent £90,000 - £110,000 per year View Job Description
Senior Manager required for growing Risk and Regulation team.With SS1/23 now in full swing, firms are focused on enhancing their Model Risk Management frameworks and processes. My client is looking for candidates with a deep understanding of the SS1/23 principles as well as experience assessing and/ or implementing this regulation.
  • Senior Manager- Model Risk Management role for a global consultancy
  • Building out Regulatory Risk offering for clients on Model Risk regualtation

About Our Client

Global Financial Services consultancy firm building out their Risk and Regulation teams.

The The Senior Manager- Model Risk Management role can be based in multiple office across the UK.

Hybrid working pattern.

Job Description

The role for the The Senior Manager- Model Risk Management, will require candidates to work with a range of senior stakeholders across various functions including the Business, Model Development, Model Validation, Model Risk Management, Product Control and Technology, amongst others.

Candidates will also be required to apply their skills to a broad range of banking risk related issues supporting both regional and national propositions, including leading and driving client workshops and presenting at industry seminars on Model Risk Management.

The Successful Applicant

The Senior Manager- Model Risk Management will require skills and experience below:

  • Strong understanding of SS1/23 principles and the key challenges for our clients
  • Strong understanding of other relevant regulatory reforms impacting financial institutions, e.g. FRTB, DP5/22, etc
  • Risk management principles embedded in key policies and standards
  • Model risk appetite statements
  • Model risk measurement and management
  • Governing bodies and committees
  • Regulatory oversight/reporting including local/regional distinctions
  • Technological implications and solutions for MRM
  • Model validation practices, documentation, and standards
  • Proficiency in quantitative financial modelling and data analytics
  • Proficiency in Python (preferred), R and or SAS
  • Deep regulatory knowledge applicable to models are mandatory (e.g. IRB, CCAR, FRTB, Basel, PRA, ECB, etc.)

What's on Offer

Competitive salary - please enquire.

Competitive benefits.

Hybrid working .

Role can be London based, or based in multiple locations in UK.

Contact
Eithne Hynes
Quote job ref
JN-112024-6602234
Phone number
+44 20 7645 1424

Job summary

Job function
Banking & Financial Services
Subsector
Risk Management
Sector
Financial Services
Location
London
Contract type
Permanent
Consultant name
Eithne Hynes
Consultant phone
+44 20 7645 1424
Job reference
JN-112024-6602234