Lloyds Banking Group Looking for Analyst, Model Risk and Validation at London, UK Full Time

Salary Range

Agile Working Options
Job Description

Provide support with independent reviews of all aspects of Lloyds Banking Group models, including new developments, model changes, periodic validations and ongoing monitoringIndependent Validation (partial or complete recoding, development or building of challenger models)Assist with independent review and challenge of model developments (data profiling, selection, validation, back-testing, stress testing and model documentation)Detailed evaluation of models, including their: design, calibration and validation, operation, usage, reporting, and governanceDocumentation of validation findings, providing insight and evaluation of weaknessesPresentation of independent model review to senior members of the team and Personal ApproverDevelop knowledge of model risk and regulatory requirements and standards pertaining to risk modelsEngagement with colleagues across the Group to manage relationships and challenge constructively
Qualifications: You’ll be highly numerate, with at least a degree level qualification covering quantitative content e.g. mathematics, physics or equivalent skills derived from experienceExperience: of model build techniques e.g. regression or decision trees and programming languages e.g. C/C++, R, Python or SASJudgement: Ability to make sound model judgements, taking into account model performance and regulationIndustry Knowledge: An understanding of modelling techniques and an awareness of model validation and current regulation that may impact the GroupBusiness Knowledge: Awareness of the banking business and associated risk management approaches sufficient to understand models in the context of the businessBusiness Partnering: Building effective relationship management whereby constructive challenge is undertaken in a timely and orderly fashionInfluence: Ability to communicate clearly and concisely, verbally and in writing, across peer groupsDrive and Delivery: Ability to overcome challenges to deliver business resultsIntegrity: Has ethics and integrity at the heart of every decision, and creates an environment that encourages high performance, openness, honesty and integrity