Senior Model Risk Analyst

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

The main goal of this role is to help manage model risk within the 1st line Credit Risk teams where models are created and used. Although the role reports to the Head of Risk Measurement], the person in this role will work closely with different Credit Risk teams and support the entire Credit Risk function. The role involves managing risks for both existing and new models in Credit Risk, ensuring that regulatory guidelines (like SS1/23 Model Risk Principles for Banks) and internal standards (like the Model Risk Framework) are followed. Additionally, the role requires working closely with the Society's independent 2nd line model validation team.