Model Validator (h/f)

Model Validator

London- Hybrid

£800- £900pd PAYE

emagine is a high-end professional services consultancy and solutions firm Specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

Join a leading organization in the finance sector, focusing on model risk management under Basel 3.1 regulations. We are seeking a Model Validator with a strong foundation in regulatory compliance and validation processes, ideally suited for experienced Quant Analysts who wish to transition from model development to validation. Your role will emphasize the review and assurance of governance frameworks and the accuracy of self-assessments.

Main Responsibilities

This role will focus on ensuring the integrity of model validation practices.

• Conduct independent reviews and validations of models created by quant teams.

• Ensure compliance with Basel regulations and local supervisory standards.

• Assess and challenge governance frameworks related to risk models.

• Evaluate assumptions, data quality, and methodologies of risk models.

• Collaborate with various stakeholders to validate self-assessments before submission to regulators.

Key Requirements

• Strong regulatory experience within banking, specifically with Basel 3.1 and PRA expectations.

• Background as a Quant Analyst or a similar role, with expertise in model development principles.

• Proven experience in model validation as opposed to model development.

• In-depth knowledge of IRB (Internal Ratings-Based) models and credit risk regulatory capital requirements.

• Experience in reviewing governance structures around risk models.

• Ability to independently assess and challenge first-line self-assessments.

• Familiarity with model assumptions, data quality, compliance, and regulatory reporting standards.

• A minimum of 6 years of experience in a relevant risk, quant, or regulatory role (ideally 10 years).

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately, our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential.

emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin