RSK-Model Validation Group

About the role

The Model Validation Group (MVG) is globally responsible for independently validating the integrity and comprehensiveness of models utilized in the firm’s business activities. MVG also develops measures of Model Risk, monitoring Model Risk vs. the firm’s Model Risk Appetite and escalates model approval breaches.

What you'll do

• Manage end-to-end validation of CCR models, including Monte Carlo exposure simulation engines, netting and collateral models, CVA/XVA pricing engines
• Review model documentation, coding standards, and implementation testing (including independent replication or benchmarking as needed)
• Communicate validation findings to model owners, governance committees, and senior management
• Influence model risk policy and contribute to model governance frameworks
• Deliver high-quality model validation reports and executive summaries aligned with internal policy and regulatory guidance (e.g., Basel III, CRD IV, PRA SS 1/23)

What you need

• Risk management
• Performance testing
• Credit risk
• Wealth management
• Investment banking
• Market risk
• MBA or B.Tech or B.E. or B.Sc or BCA or M.Tech or MCA

Good to have

• Capital markets
• Reporting
• Machine learning
• VBA
• Python
• R