At a Glance
- Tasks: Validate models that help people achieve home ownership and manage credit risk.
- Company: Join Leeds Building Society, a purpose-driven organisation with a rich history.
- Benefits: Enjoy hybrid working, generous holidays, and a bonus of up to 12%.
- Other info: Be part of a diverse team committed to equal opportunities and community representation.
- Why this job: Make a real impact in the financial sector while supporting home ownership for all.
- Qualifications: Experience in model validation and programming skills in Python, SAS, or SQL.
The predicted salary is between 40000 - 50000 £ 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.
And you can play your part too join our dedicated Risk team as our Model Validation Specialist and play an important part in that purpose by providing independent, expert challenge across the models that help us understand credit risk, make sound decisions and meet regulatory expectations.
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.
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.
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 scheme2 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?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 Lincolnshire employer: Leeds Building Society
Join a purpose-driven organisation that has been helping individuals achieve home ownership since 1875. As a Financial Operations Control Manager, you'll benefit from a supportive work culture that prioritises employee growth and inclusivity, alongside competitive perks such as hybrid working, an annual bonus, and generous holiday allowances. With a commitment to equal opportunities and a focus on community representation, this is an excellent place to build a meaningful career while making a real difference in people's lives.
StudySmarter Expert Advice🤫
We think this is how you could land Validation Specialist in Lincolnshire
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Leeds Building Society looking for candidates who are engaged and informed.
We think you need these skills to ace Validation Specialist in Lincolnshire
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Leeds Building Society. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Leeds Building Society
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Leeds Building Society’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
