The Vacancy

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join Close Brothers Central Risk Team as a Model Validation Senior Analyst where you will support and execute delivery of the Model Risk validation objectives within the Model Risk management team.

Our ideal candidate will have Hands-on experience in technical model development and implementation, model validation, and/or model oversight in one or more of the following areas: credit risk (retail and/or wholesale), PD/LGD/EAD estimations, IFRS9, operational risk, asset & liability management, stress testing, sensitivities, time series modelling.

RESPONSIBILITIES To support the implementation of the Group’s target state operating model for a second line Model Validation function. Ensure that models are fit for purpose in accordance with CBG’s strategy and aims.

Perform independent reviews of existing and new models, including but not limited to capital, IFRS9 and pricing models: Understand model purpose, the underlying mathematical model, its implementation and its deficiencies. Understand the model behavio...