Model Validation Specialist

How You'll Help Us Live Our Purpose

We've been helping our members save for their future and buy a home of their own since 1875. By joining us, you'll play a big role in putting home ownership within reach of more people, generation after generation.

You will perform independent model validation reviews and oversight of the Society's residential mortgage IRB and other credit‑related models to ensure they are conceptually sound, appropriately implemented, and compliant with internal policies and external regulations. The role also supports the independent validation of other financial models performed within the team, as required.

• Knowledge and experience of using Python, SAS and other programming languages, e.g. SQL.
• Highly numerate with proven experience of credit risk / IRB model development or validation within a financial institution.
• A good understanding of residential mortgage portfolios, risk drivers, and lifecycle credit risk behaviour.
• Experience of model performance metrics, validation techniques and model risk management regulatory requirements.
• Excellent analytical skills and a strong attention to detail.
• Excellent written and verbal communication skills, with the ability to clearly convey complex issues to non-technical stakeholders.
• High levels of independence, integrity and professional judgement.
• Self-motivator with good planning and organisational skills.

• An annual colleague bonus of up to 12%
• Hybrid working with 60% of your time at home
• Matched pension contributions of up to 10%
• 26 days holiday, plus bank holidays and a holiday purchase scheme of up to 5 days each year
• Colleague mortgage and saver products
• Electric vehicle scheme / Cycle to Work scheme
• 2 days’ volunteering per year

We’re committed to equal opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Our business is centred around our people.