At a Glance
- Tasks: Validate financial models and ensure compliance with regulations to support home ownership.
- Company: Join Leeds Building Society, a purpose-driven organisation since 1875.
- Benefits: Enjoy hybrid working, competitive bonuses, and generous holiday allowances.
- Other info: Be part of a diverse team committed to equal opportunities and community representation.
- Why this job: Make a real impact on people's lives by supporting home ownership through model validation.
- Qualifications: Experience in credit risk modelling and proficiency in Python, SAS, or SQL required.
The predicted salary is between 45000 - 55000 £ per year.
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 helping us to put home ownership within reach of more people, generation after generation.
Join our dedicated Risk team as our Model Validation Specialist. 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. In addition, the role will support with 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.
- Be 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.
- Be a self-motivator with good planning and organisational skills.
Benefits include:
- 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 holiday purchase scheme of up to 5 days each year
- Colleague Mortgage and Saver products
- Electric vehicle scheme/ Cycle to Work scheme
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. You'll be joining a truly purpose-focused culture which helped us win the Leading with Purpose award at the 2023 Business Culture Awards. Leeds Building Society is devoted to creating a culture and workplace that is representative of the communities we serve.
Validation Specialist in Bradford employer: Leeds Building Society
Leeds Building Society is an exceptional employer that prioritises a purpose-driven culture, fostering an inclusive environment where every employee can thrive. With generous benefits such as hybrid working, matched pension contributions, and an annual colleague bonus, we empower our team members to grow both personally and professionally while making a meaningful impact in the community. Join us in our mission to make home ownership accessible for all, and enjoy a workplace that values diversity and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Validation Specialist in Bradford
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Leeds Building Society. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Validation Specialist in Bradford
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Leeds Building Society.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Leeds Building Society's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Leeds Building Society
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Leeds Building Society.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Leeds Building Society will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Leeds Building Society employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
