Job Description

Senior Model Validation Manager | S4 | Risk | London

Country: United Kingdom

WHAT YOU WILL BE DOING

Join our community.

We have an exciting opportunity for a Senior Model Validation Manager to be part of the highly specialised Independent Validation Team. In this high-profile role you\xe2\x80\x99ll manage a specialist team of quantitative managers and analysts.

You\xe2\x80\x99ll play a key role in this by independently reviewing various models developed across the bank, highlighting areas of model risk and providing indications as to the magnitude of the risks found as well as assisting the Head of Validation to set a strategy within the team, aligned to the bank\xe2\x80\x99s, to assist in the control of model risk.

The difference you\xe2\x80\x99ll make.

Reviewing technical documentation describing model development whilst assessing adherence to the relevant regulatory environment

Replicating model developments, analysing performance and constructing challenger models

Preparing detailed documents, including appropriate analysis, for audit and regulatory review, which clearly communicate model risks.

Managing a specialist team of quantitative risk professionals to deliver against targeted plans whilst working independently to deliver validation projects to deadlines.

Building collaborative relationships across the business with key stakeholders including Director level and presenting validation findings to approval committees keeping communication focussed and engaging for the audience.

What you\xe2\x80\x99ll bring.

Extensive proven track record of successful delivery in a similar modelling development or validation role for scoring / rating, IRB capital, IFRS9 provisioning and stress testing model types as a minimum, leading technical teams, and capable of building and managing high performing teams

Extensive & comprehensive experience in interpreting and creating technical documentation including regulatory compliance assessment within a Banking environment and within a variety of cross functional projects

It would also be nice for you to have.

In depth experience and practical skills in a variety of model risk management: knowledge of model risk and governance; experience of model validation and day to day active model risk management.

Strong interpersonal skills to persuade and influence others including key stakeholders across the business and external regulators such as the PRA and the ECB

Ability to develop and explain to senior management a complex model risk and how such risk can be mitigated.

Experience of prioritisation and delegation on a variety of cross functional projects.

What else you need to know.

We want our people to thrive at work and home, and we recognise that many people benefit from flexible arrangements. We aim to offer different ways of working to ensure the best experience for you and for our customers. To support this, we offer site-based contracts with a hybrid working pattern and we\xe2\x80\x99re happy to discuss specific requirements throughout the recruitment process.

This Permanent role is based in Triton Square - London and you will be expected to spend 40% of your time in this office.

Everyday Inclusion

At Santander we\xe2\x80\x99re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we\xe2\x80\x99ll reward you.

As well as a competitive salary, you\xe2\x80\x99ll enjoy a benefits package that you can tailor to your needs.

Eligible for a discretionary performance-related annual bonus

We put 8% of salary into your pension, even if you don\xe2\x80\x99t contribute yourself. We\xe2\x80\x99ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer

30 days\xe2\x80\x99 holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year

\xc2\xa36,000 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\xe2\x80\x99s success by investing in our share plans

What to do next.

If this sounds like a role you\xe2\x80\x99re interested in, then please apply.

If there\xe2\x80\x99s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it\xe2\x80\x99s a copy of our application form in another format or additional assistance, we\xe2\x80\x99re available through telephone, email, or face to face. You can contact us at or call 0870 414 9080.

Santander