Model Validation Manager Model Validation Manager …

in London, England, United Kingdom
Permanent, Full time
Last application, 14 Feb 20
in London, England, United Kingdom
Permanent, Full time
Last application, 14 Feb 20
Why apply for this role? It is an exciting time to join the model validation team as we are currently working on key regulatory projects that affect the way the models are developed.

You will be involved in independently reviewing models across the bank highlighting areas of model risk and providing indications as to the magnitude of the risks found.

If you're someone who's performed a similar role already, this is the perfect opportunity to develop your career.

What you'll be doing

  • Working independently to deliver validation projects to deadlines
  • Coaching and/or managing analysts within the team
  • Reviewing technical documentation describing model development and validation adherence to the relevant regulatory guidance
  • Replicating developments, analysing performance and constructing challenger models
  • Ensuring that models are fit for purpose in accordance with company strategy and aims
  • Writing technical documents describing the validation and presenting validation findings to approval committees

What we're looking for

  • Track record of successful delivery in a modelling role, preferably in a banking environment
  • Proven ability of conducting statistical analysis in a coding environment such as SAS, SQL, R or Python
  • Experience of interpreting technical documentation and producing written reports which convey technical information in an accessible manner
  • Appreciation/knowledge of regulatory compliance requirements such as Basel or IFRS9 is advantageous
  • Degree level education in a quantitative field or equivalent experience. A postgraduate qualification/PhD would be advantageous

How we'll reward you

As well as a competitive salary, you'll enjoy a benefits package that you can tailor to your needs.

  • Eligible for a discretionary performance-related annual bonus
  • Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
  • 30 days holiday plus bank holidays, with the option to purchase up to 5 contractual days per year
  • £6,000 car allowance per year
  • Company funded individual private medical insurance
  • Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, healthcare cash plan and health assessments
  • Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
  • Share in Santander's success by investing in our Sharesave and Partnership shares plans

For more information about our wide range of benefits and family friendly policies visit our website.

Why Santander?

At Santander, with only a small action or a simple idea, you can achieve great things. You can improve the daily life of more than 140 million people. You can collaborate with a friendly team of more than 200,000 employees.

It doesn't stop there. You'll also be part of a vibrant organisation that's been reinventing itself for more than 160 years. One that invests millions of pounds in training its people every year. One that helps more than 2 million people every year with social programmes.

We call it #TheSantanderEffect.

Equal Opportunities

Santander are an equal opportunities employer. When we talk about diversity, we don't just want to pay lip service. Our customers come from a wide range of backgrounds, and so do our people. It's important to us that we create an inclusive culture where everyone counts, and we particularly welcome applications from different underrepresented groups.

For more information on our commitment to equal opportunities, please visit our diversity page here.

What to do next

If this sounds like a role you're interested in, then please apply on the link below.

Due to high volume of applications we may need to close this role earlier than the advertised date, so recommend submitting an application as soon as possible.