🕐 Posted 6d ago

Model Validation AVP

Barclays

Wilmington, DelawareFull-timeMid LevelOn-site

Job Description

Join us as a Model Validation AVP, where you will validate and approve risk models at inception, during usage changes, and through periodic and annual reviews. This role operates within the risk function and focuses primarily on retail credit models including credit cards and loan portfolios. You will independently review model documentation, perform testing and analysis, and clearly report findings to demonstrate model soundness and regulatory alignment.

This role offers broad exposure across multiple model types and high impact validation work. To be successful as a Model Validation AVP, you should have: Experience in risk model validation, model development, or quantitative modeling within financial services Experience validating retail credit risk models such as credit cards and consumer loans Understanding of model risk management frameworks, governance, and regulatory expectations Some other highly valued skills may include: Ability to perform detailed analysis, testing, and independent challenge of models Written communication skills with experience producing clear and thorough validation documentation Quantitative discipline preferred You may be assessed on key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills. This role is based out of Wilmington, DE.

Purpose of the role To validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews. Accountabilities Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models. Approval or rejection of a model or usage based on assessment of the model’s conceptual soundness, performance under intended use and the clarity of the documentation of the model’s inherent risks, limitations and weaknesses.

Assessment of any compensating controls used to mitigate Model risk. Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement. Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning.

Design of the framework and methodology to measure and, where possible, quantify model risk, including the assessment of framework level uncertainty. Assistant Vice President Expectations To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes. Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda. Take ownership for managing risk and strengthening controls in relation to the work done. Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy. Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively. Communicate complex information.

Complex information could include sensitive information or information that is difficult to communicate because of its content or its audience. Influence or convince stakeholders to achieve outcomes. All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right.

They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Posted 6 days ago

Related Jobs

Financial Analyst II - Merrell

Wolverine Worldwide

Rockford, Michigan Today 1 views

Merrell exists to share the simple power of being outside with everyone. We believe the "outdoors" is a much broader space than just the mountain summit; it's any space beyond your front door. Our...

Full-time On-site Mid Level

Equity Analyst - Special Situations

DRW

Schiller Park, Illinois Today 1 views

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the...

Full-time On-site Mid Level

Experienced Tax Professional

H&R Block

Twinsburg, Ohio Today 1 views

Our Company At H&R Block, we believe in the power of people helping people. Our defining Purpose is to provide help and inspire confidence in our clients, associates, and communities everywhere. We...

Full-time On-site Mid Level

Assistant Account Manager

Securitas

Hampton Roads, Virginia Today 1 views

Job Description Assistant Account Manager Wage: $50,000/ annually You must hold an active ARMED DCJS certification and have at least 2 years of security supervisory experience. Must be able to stand...

Full-time On-site Mid Level

Experienced Tax Professional

H&R Block

Lake View, Alabama Today 1 views

Our Company At H&R Block, we believe in the power of people helping people. Our defining Purpose is to provide help and inspire confidence in our clients, associates, and communities everywhere. We...

Full-time On-site Mid Level

Financial Professional - FL, Ft Lauderdale (5119)

Equitable Holdings

Lazy Lake, Florida Today 1 views

Equitable Advisors is dedicated to making a positive impact in the lives of its clients. Our network of over 4,300 financial professionals across the U.S. is committed to fostering relationships that...

Full-time On-site Mid Level

Accounting Analyst

MRINetwork

Lafayette, Indiana Today 1 views

Accounting Analyst - Lafayette, IN Our growing, private equity-backed, niche market manufacturing client, headquartered in Lafayette, IN is actively searching for an Accounting Analyst. The main...

Full-time On-site Mid Level

Director of Revenue Cycle

Ironside Human Resources

Andover, Kansas Today 1 views

Job Description Hospital located near Wichita, KS is looking for a full-time permanent Director of Revenue Cycle to join their team. Details are below. Salary: $107,120 - $145,600/annually $10,000...

Full-time On-site Mid Level

Related Searches

Apply Now