Virgin Money
Business Unit: Group Risk, Model Risk Management
?: circa £56,000 – £70,000 DOE + red-hot benefits!
?: Remote – UK Flexible, with some expectation to visit a local HUB for team meetings.
?: Permanent
Don’t settle for dull. Live a life more Virgin.
Our Team ❤
Ensuring 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. With the advent of innovative technologies such as Machine Learning and Generative AI, we are seeing a huge shift in the financial modelling sector that must be managed appropriately. This is where our team comes in! We provide and demonstrate oversight in the form of independent validations and reviews, where we work with stakeholders across the bank to ensure robust model development activities.
What you’ll be doing?
- Supporting a team of specialist model validators covering an array of model types and performing highly analytical validations.
- End-to-end managing of Machine Learning validations of new and revised models to ensure models across the business are fit for purpose.
- Providing Artificial Intelligence and mathematical expertise to inform the discussion between Model Development and Model Risk Management in the model build and model review process.
- Utilising your technical skills in data manipulation and extraction
- Generating model validation reports and ensure that validation actions are followed through to a resolution.
- Presenting model validation findings to technical forums and through governance committees. Tailoring the material presented to the audience when required to ensure appropriate understanding and appreciation of issues.
- Applying the adoption of best practice approaches to model validation, including influencing frameworks to continually enhance the validation process.
- Providing expert-level input and challenge into model and strategy developments and changes throughout the model lifecycle.
We need you to have?
- Significant and demonstrable experience in machine learning and artificial intelligence modelling techniques.
- Substantial and proven experience with Large Language Models and Generative AI principles and methodologies.
- Deep Specialism in Machine Learning frameworks (Pytorch, Tensorflow, MLFlow, Pandas)
- Hands on experience in with LLM pretraining and Optimization.
- Extensive experience within model development and/or model validation in some of the following areas: Fraud, Financial Crime.
- Advanced knowledge of at least one programming language, e.g: Python/SQL
- Excellent written and oral communication skills. Ability to articulate complex technical concepts to non-technical specialists.
- Leadership skills and people management skills.
It’s a bonus if you have but not essential?
- Technical knowledge of Model Risk Management and Capital Requirement Regulation
- Experience of leading a team in a fast-paced environment including effective resource management, positive behaviours, and performance coaching/development to build capabilities.
✨Show us✨:
Attach on your CV links with your open-source websites (i.e Github, Kaggle, Hugging Face etc). We would ❤ to see your work?!
Red Hot Rewards??
- Generous holidays – 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more
- Up to five extra paid well-being days per year
- 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
- Market-leading pension
- Free private medical cover, income protection and life assurance
- Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness
- Ability to work anywhere in the UK (where the role allows)
And there’s no waiting around, you’ll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can?♀️?. If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.
We’re all about helping you Live a Life More Virgin, so happy to talk flexible working with you?.
?Applications Close: 29 Jun 2024 (11.55pm BST)
To apply for this job please visit careers.virginmoney.com.