Model Risk Management / Model Validation Specialist

Key Responsibilities

• Work within the Model Risk Management (MRM) framework covering pre-trade and post-trade model risk activities.
• Perform independent validation and assessment of financial and investment risk models.
• Validate models used for investment, financial modelling, pricing, risk measurement and trading activities.
• Review model methodology, assumptions, data, limitations, performance and implementation.
• Conduct model development, evaluation and validation activities, including back-testing, stress testing and sensitivity analysis.
• Assess model performance across pre-trade and post-trade workflows and identify model weaknesses or limitations.
• Prepare detailed Model Validation Reports, findings, recommendations and remediation requirements.
• Partner with Model Developers, Quantitative Analysts, Risk, Trading and Business teams to resolve model risk issues.
• Ensure models comply with established Model Risk Management policies, governance standards and validation procedures.
• Support model inventory, model lifecycle management, risk ratings, approvals and ongoing monitoring.
• Preferred candidates should have prior experience working on Investment / Financial Model Risk Management and model evaluation/development.
• Alternatively, candidates with strong Model Risk Management business-domain SME experience and good understanding of model validation processes will be considered.

Mandatory / Preferred Skills

• Strong experience in Model Risk Management (MRM).
• Hands-on experience in Model Validation / Model Evaluation.
• Understanding of pre-trade and post-trade risk management workflows.
• Experience with investment, financial or trading risk models.
• Strong knowledge of model governance, model lifecycle and model controls.
• Experience in financial institutions, investment banks, asset management or capital markets is preferred.
• Strong analytical, documentation and stakeholder-management skills.
• Candidates with quantitative/model development experience will have an advantage.