Model Validation Analyst

About the role

The bank is seeking a Model Validation Analyst to independently review, challenge and validate financial and credit‑risk models that support critical business decisions. You will work closely with model developers, risk teams and senior stakeholders to ensure models are robust, compliant with regulatory standards and aligned with the bank’s governance framework.

Key responsibilities

• Validate and challenge complex financial, credit‑risk, provisioning, capital, pricing and scorecard models.
• Assess model assumptions, methodologies, performance and limitations.
• Perform quantitative analysis to identify model risks and improvement opportunities.
• Interact with senior stakeholders and provide independent recommendations.
• Contribute to the enhancement of model governance and model‑risk‑management practices.
• Translate technical concepts into clear, actionable business insights.

Required profile

• Minimum 3 years of experience in financial modelling, quantitative analytics or credit‑risk modelling.
• Practical end‑to‑end model development experience.
• Experience in banking or financial services, preferably with model validation or model‑risk‑management exposure.
• Familiarity with Basel or other regulatory capital frameworks.
• Degree in Mathematics, Statistics, Data Science, Actuarial Science, Quantitative Finance, Economics or a related quantitative field.

Required skills

• IFRS 9 / provisioning models
• Credit‑risk scorecards
• Pricing, capital and stress‑testing models
• Strong statistical analysis and quantitative problem‑solving
• SQL
• Python
• SAS
• R