At a Glance
- Tasks: Validate models to ensure they support home ownership for more people.
- 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 focused on personal and professional growth.
- Why this job: Make a real impact in the financial sector while supporting community goals.
- Qualifications: Experience with Python, SAS, and credit risk model validation 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. 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.
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 employer: Leeds Building Society
Leeds Building Society is an exceptional employer that prioritises its people and fosters a purpose-driven culture, making it an ideal place for a Model Validation Specialist to thrive. With benefits such as hybrid working, generous holiday allowances, and a commitment to professional development, employees are supported in shaping meaningful careers while contributing to the vital mission of making home ownership accessible to all. The Society's inclusive environment and recognition as a leading employer further enhance the appeal of joining this dedicated team in Leeds.
StudySmarter Expert Advice🤫
We think this is how you could land Model Validation Specialist
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. A friendly chat can give you insights into the company culture and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by practising common questions related to model validation and credit risk. We recommend using the STAR method to structure your answers, showcasing your skills and experiences effectively.
✨Tip Number 3
Showcase your technical skills! Be ready to discuss your experience with Python, SAS, and SQL during interviews. Maybe even prepare a mini-project or example that highlights your analytical prowess.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our mission to help people achieve home ownership.
We think you need these skills to ace Model Validation Specialist
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. Don’t forget to mention your experience in model validation and your ability to communicate complex issues clearly.
Showcase Your Attention to Detail:In the world of model validation, attention to detail is key. Make sure your application is free from typos and errors. This not only reflects your professionalism but also your commitment to quality, which is crucial for this role.
Apply Through Our Website:We encourage you to apply through our website for the best experience. It’s straightforward and ensures your application gets to the right place. Plus, you’ll find all the info you need about the role and our culture!
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 you'll be validating. Brush up on the key concepts, performance metrics, and validation techniques. Being able to discuss these confidently will show your expertise and commitment to the role.
✨Show Off Your Technical Skills
Since the role requires knowledge of Python, SAS, and SQL, be prepared to discuss your experience with these programming languages. Consider bringing examples of past projects where you've used these skills to validate models or analyse data. This will demonstrate your hands-on experience and technical proficiency.
✨Communicate Clearly and Effectively
You'll need to convey complex issues to non-technical stakeholders, so practice explaining your work in simple terms. Think about how you can break down intricate concepts into digestible pieces. This will highlight your communication skills and ability to collaborate across teams.
✨Demonstrate Your Analytical Mindset
Prepare to showcase your analytical skills by discussing specific instances where you've tackled challenging problems or made data-driven decisions. Highlight your attention to detail and how it has positively impacted your previous work. This will help illustrate your fit for the role and your proactive approach.
