Validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews
Job Summary
Validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews.
Assess model conceptual soundness, performance, documentation, inherent risks, limitations, weaknesses, and compensating controls.
Model Risk Management (MRM) is a function reporting directly to the Group Chief Risk Officer and responsible for the identification, assessment, monitoring and management of model risk within Barclays.
Matching Summary
Validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews.
Skills & Requirements
Must-have
Model validation and approval
Model risk management
Retail or wholesale industry experience
Market Risk and Stress Test domains
Capital/CCAR/Finance experience
R/Python coding experience
Stakeholder management and communication
Nice-to-have
Leadership behaviors (LEAD)
Barclays Values and Mindset
Digital and technology acumen
Strategic thinking
Change and transformation
Key Requirements
Experience as a modeller/validator
Experience in Market Risk and Stress Test domains
Experience in Capital/Non-Traded Interest Rate Risk/CCAR/Finance