Risk Analyst

Skill Farm Experts Are Invited to Apply for the Following Role:

Responsibilities:

Provide support with independent reviews of all aspects of Lloyds Banking Group models, including new developments, model changes, periodic validations and ongoing monitoring

Independent 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 governance

Documentation of validation findings, providing insight and evaluation of weaknesses

Presentation of independent model review to senior members of the team and Personal Approver

Develop knowledge of model risk and regulatory requirements and standards pertaining to risk models

Engagement with colleagues across the Group to manage relationships and challenge constructively

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Skills:

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 experience

Experience: of model build techniques e.g. regression or decision trees and programming languages e.g. C/C++, R, Python or SAS

Judgement: Ability to make sound model judgements, taking into account model performance and regulation

Industry Knowledge: An understanding of modelling techniques and an awareness of model validation and current regulation that may impact the Group

Business Knowledge: Awareness of the banking business and associated risk management approaches sufficient to understand models in the context of the business

Business Partnering: Building effective relationship management whereby constructive challenge is undertaken in a timely and orderly fashion