Description:
The Model Validation Team is a small but growing team within the bank who are responsible for challenging the models used within the bank to ensure they are appropriate. This is an opportunity to work with a very diverse team (we have team members from nine different nationalities across four continents) within an area of the bank that is core to the bank’s strategy.
Key Responsibilities Include
- Uses statistical techniques and data analytics tools to review and challenge the models being used within the bank;
- Challenges the modelling teams and business areas in the bank to assure and improve the bank’s models;
- Works with business units to promote and deliver a best in class analytics service consistent with their needs;
- Actively seek opportunities to learn from other team members and to grow within the role;
- Become familiar with the European Banking Regulatory Guidelines (CRR, EBA Guidelines etc.) and how to apply those in model validation; and
- Contributes to the standards & methodologies for model validation as well as the automation of validation process.
What You Will Bring
- An interest in applying statistical tools and techniques in a practical setting;
- A natural inclination to challenge established ways of thinking and an ability to articulate your opinion;
- Relevant third level qualification or Postgraduate qualification in an analytical discipline, e.g. statistics, mathematics, applied mathematics, physics, engineering, econometrics, actuarial science;
- Knowledge of analytics languages (e.g. SAS, R, or Python) is an advantage