Lead Risk Analyst - Model Validation

6w1 month ago

Starling Bank

London, GB · Full-time · £90,000 – £110,000

About this role

We are looking for a talented and passionate Lead Risk Analyst - Model Validation to join our Model Risk Oversight Team. The team focuses on validating and overseeing the risks associated with all models across Starling, particularly those involving advanced modeling techniques (including AI).

As a Lead Analyst - Model Validation, you will be responsible for validating different types of models such as IFRS 9, Forecasting, Operational Risk, and AI/ML models. You will produce validation reports while engaging with model developers and owners to ensure findings are understood and addressed within agreed timelines.

You will present high-level validation findings to Senior leadership and produce committee papers. Engaging and forming close relationships with key stakeholders enables good model risk management practices throughout the model lifecycle, all within a fast-moving, disruptive tech company culture.

We are a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. If you have model validation or build experience across a variety of models and are eager to play a vital role in model risk management, we want to hear from you.

Requirements

Experience in model validation or model development, ideally across different model types. Knowledge of AI models would be a bonus.
Expert in the use of analytical tools such as Python, R, SQL, SAS, and spreadsheets.
Ability to articulate findings from analysis in a succinct and clear way suitable for the target audience.
Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.
Strong problem-solving skills and attention to detail.
Excellent communication and teamwork abilities.
Good knowledge of regulatory and risk management guidelines, such as EBA guidelines, CRR and PRA rules would be a bonus.

Responsibilities

Validating different types of models used across Starling, such as IFRS 9, Forecasting, Operational Risk, and AI/ML models.
Producing validation reports while engaging with model developers and owners to ensure findings are understood and addressed within agreed timelines.
Producing committee papers and presenting at committees.
Presenting high-level validation findings to Senior leadership.
Engaging and forming close relationships with key stakeholders to enable good model risk management practices throughout the model lifecycle.
Supporting the continuous improvement of model validation processes and methodologies.

Benefits

25 days holiday (plus take your public holiday allowance whenever works best for you)
An extra day’s holiday for your birthday
Private Medical Insurance with VitalityHealth including mental health support and cancer care
Salary sacrifice, company enhanced pension scheme
Life insurance at 4x your salary
Perkbox membership giving access to retail discounts, wellness platform, and weekly free perks
16 hours paid volunteering time a year