Model Validation Analyst

  • Conduct independent validation of the Society's key models, using quantitative and qualitative testing to assess model performance, design, deployment and monitoring.
  • Support in the tracking and management of Model Risk across Skipton.
  • Write clear validation reports and stakeholder communications including presentation to senior stakeholders at our Model Risk Committee.
  • Build and maintain strong relationships across the business by being recognized as a highly credible individual who can communicate complex concepts in a simple to understand, straightforward manner.
  • Support model-related internal and external audits.

    Knowledge of model validation techniques, including desktop reviews, statistical testing and challenger model development.
  • An ability to critically analyse and validate complex statistical models across a range of business areas, utilising a balance of business and regulatory knowledge combined with statistical rigour.
  • An understanding of the prudential regulatory environment, including Regulatory Capital frameworks (Standardised and IRB), IFRS 9, and most importantly Model Risk Regulation (SS1/23).
  • Degree educated in a mathematical or analytical field.
  • Experience of operating in an assurance capacity and working with other assurance providers (e.g. Internal and External Audit).
  • Strong data science skills covering the analytics Lifecyle.
  • Strong knowledge of at least one of Python, Excel, SAS, and SQL , with an aptitude and enthusiasm for learning other analytical tools.

    At Skipton, we offer pay and benefits that really do make life better, together with a genuine thank you for making a difference.
  • Annual discretionary bonus scheme
  • 25 days standard annual leave + bank holidays + rising 1 day per year of service to a max of 30 days
  • Matching employer pension contribution (up to 10% per annum)
  • Colleague Mortgages and access to Skipton products and services at discounted rates
  • Flexible working to help balance your commitments
  • Private medical insurance, health and wellbeing app, volunteering opportunities, cycle-to-work scheme, discounted gym memberships
  • Lifestyle perks such as a Home and Tech voucher, which can be used at John Lewis, Currys, and IKEA
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