Jobs at NatWest – Model Risk Validation Officer

Website NatWest

Job Description:

This role will see you undertaking data analysis to make sure that risks are adequately highlighted as well as assessing the models’ compliance with regulations, internal policies and standards. We’ll also look to you to perform sensitivity analysis to assess the adequacy of modelling or data assumptions, documenting all the analysis in a succinct and clear manner.

Job Responsibilities:

  • Undertaking in-depth assessments of the models’ subcomponents, making sure models are fit for purpose for their designated use
  • Providing expert advice on aspects of risk management, including providing senior executives with relevant MI and reports, escalating concerns where appropriate
  • Preparing checklists for various validation activity to make sure that appropriate controls are established and consistently followed
  • Making sure that model risk management aligns with our model risk policy, and undertaking model risk assessments to identify potential risks

Job Requirements:

  • Knowledge of IFRS9 standards
  • Strong Excel, PowerPoint and Word skills
  • Excellent attention to detail

Qualification & Experience:

  • The ability to communicate, both verbally and in writing, to senior colleagues

Job Details:

Company: NatWest

Vacancy Type: Full Time

Job Location: Leeds, England, UK

Application Deadline: N/A

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