Model Risk Manager - Empower, Influence, and Lead

InterQuest Group (UK) Limited
Fobbing
2 weeks ago
Create job alert

Model Risk Manager – Empower, Influence, and Lead

up to £90K + excellent benefits and bonus

Hybrid/Essex (2 days in office)

Are you ready to take your expertise in risk management to the next level?Step into a pivotal role where your analytical skills, leadership, and strategic thinking will directly impact decision-making at the highest levels. As aModel Risk Manager, you will play a key role within the Enterprise Risk team, with direct exposure to senior management and theBoard of Directors.

This role offers the opportunity towork across multiple European markets, ensuring compliance withUK FCA and PRA regulations, while also navigating additional local regulatory requirements. You will be instrumental inshaping model risk strategy, enhancing the risk frameworks, anddriving real changewithin the organization.

If you're aproblem-solver with a passion for risk, analytics, and leadership, we want to hear from you!

Why Join this Bank?

High-Impact Role– Influence decisions at senior levels and work directly with executives and Board members.

Leadership & Visibility– Be a part of the Enterprise Risk team, a key second-line function, ensuring strategic oversight of critical risk areas.

International Exposure– Work across diverse European markets and develop a deep understanding of different regulatory landscapes.

Professional Growth– Expand your expertise inmodel risk management overseas and with peers in Treasury, ESG strategy, and risk frameworks.

Supportive & Inclusive Culture– Work in an environment that values diverse perspectives and fosters continuous learning and collaboration.

Key Responsibilities

Model Risk Management

  • Lead the development and maintenance ofModel Risk Management Policies and Frameworks, ensuring compliance with evolving regulations.
  • Work closely with model developers, owners, and independent validators tomonitor, improve, and approve risk models.
  • Implement cutting-edgerisk measurement and reportingtechniques, setting model risk appetites aligned with strategic objectives.
  • Challenge existing models with innovativePost-Model Adjustments, ensuring accuracy and resilience.

Model Development & Validation

  • Partner with teams todevelop robust modelsfor ICAAP Pillar 2 risks, includingcredit, operational, market, and concentration risk.
  • Drive research and innovation by designingchallenger models and stress testing methodologies.
  • Validate models with a strategic and independent mindset, ensuring high-quality risk assessments.

Enterprise Risk & Strategic Support

  • Contribute to critical risk initiatives such asICAAP, Recovery Planning, ESG strategies, and Risk Appetite Frameworks.
  • Engage with senior committees tocommunicate complex risk concepts in a clear and impactful manner.

Who You Are

?A visionary risk expert– with a Master's or PhD inStatistics, Mathematics, Econometrics, or Financial Engineering.

?A specialist in financial risk modeling– with expertise inExpected Credit Loss (IFRS9)and banking risk areas (credit, market, operational, and rate risk).

?An analytical thinker with data science skills– adept atSAS, Alteryx, Excel VBA, and leveraging data to drive strategic decisions.

?A confident communicator– with the ability to present technical insights to senior leadership in aclear and engaging manner.

?A problem-solver– who can navigate complexities, manage competing priorities, and drive pragmatic solutions.

Bonus Points If You Have…

Experience withIRB approach development

Regulatory experience – working with or for financial regulators

Ready to Make an Impact?

Call us and discuss how you can be part of this team that values expertise, innovation, and leadership. If you're ready to elevate your career in risk management and shape the future of financial resilience,apply now!

InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.


JBRP1_UKTJ

Related Jobs

View all jobs

Model Risk Manager - Empower, Influence, and Lead

Model Risk Manager

Risk Reporting Senior Analyst, Assistant Vice President (Hybrid)

Product Manager - Model Governance

Financial Crime AI Product Manager

Technical Lead

Get the latest insights and jobs direct. Sign up for our newsletter.

By subscribing you agree to our privacy policy and terms of service.

Industry Insights

Discover insightful articles, industry insights, expert tips, and curated resources.

Machine‑Learning Jobs for Non‑Technical Professionals: Where Do You Fit In?

The Model Needs More Than Math When ChatGPT went viral and London start‑ups raised seed rounds around “foundation models,” many professionals asked, “Do I need to learn PyTorch to work in machine learning?” The answer is no. According to the Turing Institute’s UK ML Industry Survey 2024, 39 % of advertised ML roles focus on strategy, compliance, product or operations rather than writing code. As models move from proof‑of‑concept to production, demand surges for specialists who translate algorithms into business value, manage risk and drive adoption. This guide reveals the fastest‑growing non‑coding ML roles, the transferable skills you may already have, real transition stories and a 90‑day action plan—no gradient descent necessary.

Quantexa Machine‑Learning Jobs in 2025: Your Complete UK Guide to Joining the Decision‑Intelligence Revolution

Money‑laundering rings, sanctioned entities, synthetic identities—complex risks hide in plain sight inside data. Quantexa, a London‑born scale‑up now valued at US $2.2 bn (Series F, August 2024), solves that problem with contextual decision‑intelligence (DI): graph analytics, entity resolution and machine learning stitched into a single platform. Banks, insurers, telecoms and governments from HSBC to HMRC use Quantexa to spot fraud, combat financial crime and optimise customer engagement. With the launch of Quantexa AI Studio in February 2025—bringing generative AI co‑pilots and large‑scale Graph Neural Networks (GNNs) to the platform—the company is hiring at record pace. The Quantexa careers portal lists 450+ open roles worldwide, over 220 in the UK across data science, software engineering, ML Ops and client delivery. Whether you are a graduate data scientist fluent in Python, a Scala veteran who loves Spark or a solutions architect who can turn messy data into knowledge graphs, this guide explains how to land a Quantexa machine‑learning job in 2025.

Machine Learning vs. Deep Learning vs. MLOps Jobs: Which Path Should You Choose?

Machine Learning (ML) continues to transform how businesses operate, from personalised product recommendations to automated fraud detection. As ML adoption accelerates in nearly every industry—finance, healthcare, retail, automotive, and beyond—the demand for professionals with specialised ML skills is surging. Yet as you browse Machine Learning jobs on www.machinelearningjobs.co.uk, you may encounter multiple sub-disciplines, such as Deep Learning and MLOps. Each of these fields offers unique challenges, requires a distinct skill set, and can lead to a rewarding career path. So how do Machine Learning, Deep Learning, and MLOps differ? And which area best aligns with your talents and aspirations? This comprehensive guide will define each field, highlight overlaps and differences, discuss salary ranges and typical responsibilities, and explore real-world examples. By the end, you’ll have a clearer vision of which career track suits you—whether you prefer building foundational ML models, pushing the boundaries of neural network performance, or orchestrating robust ML pipelines at scale.