At a Glance
- Tasks: Validate mortgage models and ensure compliance with regulations while supporting financial model reviews.
- Company: Join Leeds Building Society, a purpose-driven organisation focused on home ownership.
- Benefits: Enjoy hybrid working, competitive bonuses, generous holiday, and pension contributions.
- Other info: Be part of an inclusive culture with excellent career development opportunities.
- Why this job: Make a real impact in helping people achieve home ownership through your analytical skills.
- Qualifications: Experience in Python, SAS, SQL, and credit risk model validation is essential.
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 by joining 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.
Locations
Model Validation Specialist in Leeds, Yorkshire employer: Leeds Building Society
Leeds Building Society is an exceptional employer that prioritises its people and fosters a purpose-driven culture, making it a rewarding place to work as a Model Validation Specialist. With benefits like hybrid working, generous holiday allowances, and a commitment to professional development, employees are supported in achieving their career goals while contributing to the vital mission of making home ownership accessible for all. The inclusive work environment, recognised with the Inclusive Employers Gold accreditation, ensures that every colleague feels valued and empowered to make a difference.
StudySmarter Expert Advice🤫
We think this is how you could land Model Validation Specialist in Leeds, Yorkshire
✨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 showcasing your skills. Make sure you can talk about your experience with Python, SAS, and SQL confidently, as these are key for the Model Validation Specialist role.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex problems in previous roles. This will help demonstrate your attention to detail and ability to convey complex issues clearly.
✨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 joining our purpose-driven team at Leeds Building Society.
We think you need these skills to ace Model Validation Specialist in Leeds, Yorkshire
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Model Validation Specialist role. Highlight your experience with Python, SAS, and SQL, and showcase how your skills align with our mission of making home ownership accessible.
Showcase Your Analytical Skills:We love a good number cruncher! In your application, emphasise your analytical abilities and attention to detail. Share examples of how you've tackled complex issues in credit risk or model validation to demonstrate your expertise.
Communicate Clearly:Remember, we want to see how you can convey complex ideas simply. Use clear language in your written application to show that you can communicate effectively with both technical and non-technical stakeholders.
Apply Through Our Website:Don’t forget to apply through our website! 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 have a solid understanding of the residential mortgage IRB and credit-related models. Brush up on model performance metrics and validation techniques, as you'll need to demonstrate your expertise in these areas during the interview.
✨Show Off Your Technical Skills
Be prepared to discuss your experience with programming languages like Python, SAS, and SQL. You might even want to bring examples of your work or projects that showcase your analytical skills and attention to detail.
✨Communicate Clearly
Since you'll be conveying complex issues to non-technical stakeholders, practice explaining your past projects in simple terms. This will show your ability to bridge the gap between technical and non-technical audiences, which is crucial for this role.
✨Demonstrate Your Independence and Integrity
Highlight instances where you've taken initiative or made independent decisions in your previous roles. This will help convey your self-motivation and professional judgement, qualities that are highly valued in the Model Validation Specialist position.
