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Job Location | Newcastle Upon Tyne |
Education | Not Mentioned |
Salary | £48,000 per annum |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Permanent, full-time or part-time |
Business Unit: Group Risk, Model Risk ManagementSalary range:Circa £48,000 DOE per annum+ red hot benefitsLocation: Remote - work from anywhere within the UKBe a change maker with more cha-ching. Live a life more Virgin.Our TeamEnsuring we have robust Model Risk Management frameworks in place is essential for us to manage risk arising from using models for our decision making while complying with complex regulations and increasing regulatory expectations. Also, the advent of newtechnologies (e.g. AI) and emerging sources of financial risk (e.g. climate change) drive innovation in the modelling space that have to be managed appropriately. This is where our team comes in! We provide and evidence oversight in the form of independentmodel validations and reviews, where we work with stakeholders across the bank to ensure robust model development activities. We also make sure we adhere to frameworks and policies by supporting identification and remediation of gaps in compliance.What youll be doing