Model Risk Analyst

City of London Permanent £75,000 - £110,000 per year
  • Focus on quantitative analysis of the ~ 500 models, to support risk frameworks
  • Not model development

About Our Client

Leading international bank based in the City of London, undergoing a large merger.

Job Description

As a Model Risk Analyst, you will:

  • Design, develop, and maintain the framework around Policies and Procedures.
  • Liaise with key internal stakeholders
  • Making sure the model inventory is accurately maintained including validation timelines and appropriately summarised / escalated to the Model Risk Management Committee
  • Assist the ongoing management of the Model Risk Committee
  • Participate on Operational Risk estimation, risk tolerance set up, stress testing calculations.
  • Produce portfolio analytics covering capital contribution for both Economic Capital and Regulatory Capital.

The Successful Applicant

To be a successful Model Risk Analyst:

  • Experience in credit risk analytics or quantitative research within financial services.
  • Understanding Basel III and regulatory capital requirements for banking industry
  • Proven problem-solving skills using logical reasoning and analytical methods
  • Working knowledge of SQL and other programming language (R, SAS, Python etc.)
  • Excellent Excel and Access Skills
  • Degree in Finance, Mathematics, Economics, or Engineering

What's on Offer

  • Sitting in growth team
  • Competitive salary
  • Great benefits
Paige Philip
Quote job ref
Phone number
+44 207 645 1435

Job summary

Job function
Banking & Financial Services
Risk Management
Financial Services
City of London
Contract type
Consultant name
Paige Philip
Consultant phone
+44 207 645 1435
Job reference