At a Glance
- Tasks: Conduct independent model validation reviews for mortgage and credit-related models.
- 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 an inclusive culture with excellent growth opportunities.
- Why this job: Make a real impact on home ownership accessibility while developing your career.
- Qualifications: Experience in Python, SAS, SQL, and credit risk model validation required.
The predicted salary is between 50000 - 60000 £ per year.
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 helping us to put home ownership within reach of more people, generation after generation. It's a purpose that drives everything we do and one we're proud of. And you can play your part too join our dedicated Risk team as our Model Validation Specialist.
How you'll make a difference
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 are 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.
What will you bring to the role?
- 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.
- 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.
- Be a self-motivator with good planning and organisational skills.
And in return, you'll get the best from us:
- 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
- 2 days' volunteering per year
We'll give you a place to belong with the support to learn, develop and shape a meaningful career.
Why choose Leeds Building Society?
Our business is centred around our people. Our colleagues are at the heart of everything we do and we're extremely proud of our Inclusive Employers Gold accreditation in 2023. 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. This recognises the progress we're making to embed our purpose with our colleagues, and the actions we've taken to put home ownership within reach of more people, generation after generation.
Why wait? Apply now
We'd love to hear from you. But don't wait around - we may close the advert early and we'd hate for you to miss out.
Leeds Building Society is devoted to creating a culture and workplace that is representative of the communities we serve. If you'd like to work with us but are unsure if you meet the full criteria for a role, please contact the recruiter as we'd like to find out more about the skills and experience that you could bring to the Society. We're committed to supporting you to be at your best and if you'd like to discuss any reasonable adjustments, please reach out to us.
Model Validation Specialist in Humber employer: Leeds Building Society
Leeds Building Society is an exceptional employer that prioritises the well-being and development of its colleagues, offering a supportive work culture and numerous benefits such as hybrid working, generous holiday allowances, and a commitment to inclusivity. With a strong focus on purpose-driven initiatives, employees have the opportunity to contribute to meaningful projects that help make home ownership accessible for more people, while also enjoying professional growth and development opportunities within a collaborative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Model Validation Specialist in Humber
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to model validation. We recommend doing mock interviews with friends or using online platforms to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio of your work, especially if you've done any projects involving Python, SAS, or SQL. This will give potential employers a tangible sense of what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our mission to help more people achieve home ownership.
We think you need these skills to ace Model Validation Specialist in Humber
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Model Validation Specialist role. Highlight your experience with Python, SAS, and SQL, and showcase any relevant projects or achievements that demonstrate your analytical skills and understanding of credit risk.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about helping people achieve home ownership and how your skills align with our mission. Keep it concise but impactful, and don’t forget to mention your attention to detail!
Showcase Your Communication Skills:Since you'll be conveying complex issues to non-technical stakeholders, make sure your written application reflects your ability to communicate clearly. Avoid jargon and keep your language straightforward to demonstrate your communication prowess.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Leeds Building Society
✨Know Your Models Inside Out
Make sure you understand the models you'll be validating. Brush up on your knowledge of credit risk, IRB model development, and validation techniques. Being able to discuss specific examples from your experience will show that you're not just familiar with the theory but can apply it in practice.
✨Show Off Your Technical Skills
Since the role requires proficiency in Python, SAS, and SQL, be prepared to discuss your experience with these programming languages. You might even want to bring along a project or two that showcases your skills. This will help demonstrate your technical capabilities and how they relate to the job.
✨Communicate Clearly
You'll need to convey complex issues to non-technical stakeholders, so practice explaining your work in simple terms. Think about how you would break down a complicated model validation process for someone without a technical background. Clear communication is key!
✨Demonstrate Independence and Integrity
The role requires high levels of independence and professional judgement. Be ready to share examples of how you've taken initiative in past roles and made decisions that reflect your integrity. This will help the interviewers see that you can handle the responsibilities of the position.
