At a Glance
- Tasks: Validate and oversee model risks, produce reports, and engage with stakeholders.
- Company: Join Starling, a digital bank revolutionising banking with fairness and technology.
- Benefits: Enjoy 25 days holiday, private medical insurance, and wellness perks.
- Why this job: Be part of a mission-driven team reshaping banking for everyone.
- Qualifications: 2-3 years in model validation, skilled in Python/R/SQL/SAS.
- Other info: Diversity and inclusion are at our core; all backgrounds welcome!
The predicted salary is between 43200 - 72000 £ per year.
At Starling, we are on a mission to provide people with a fairer, smarter, and more human alternative to traditional banks. We are building a leading digital bank, driven by fast technology, fair service, and honest values. Our vision is to create a banking industry that serves everyone, which we accomplish by developing best-in-class proprietary technology, offering an exceptional customer experience, and establishing a strong, sustainable business. Our five core values – Listen, Keep It Simple, Do The Right Thing, Own It, and Aim for Greatness – are at the heart of everything we do, guiding our strategy and shaping our culture. We are looking for a talented and passionate Model Validation Senior Analyst to join our Model Risk Oversight Team. The team focuses on validating and overseeing the risks associated with all models across Starling, particularly those involving advanced modelling techniques (including AI).
If you have model validation/model build experience and are eager to be part of the team that plays a vital role in model risk management, we want to hear from you!
As a Senior Analyst - Model Validation, with the support from your manager, you will be responsible for:
- Validating different types of models used across Starling, such as IFRS 9, Forecasting, Operational Risk, AI/ML models.
- Producing validation reports whilst engaging with the model developers and model owners to ensure the validation findings are understood and can be addressed within the agreed timelines.
- Producing committee papers and presenting at committees.
- Engaging and forming close relationships with the key stakeholders to enable good model risk management practices throughout the model lifecycle.
Ideally, you will have:
- 2-3 years of experience in model validation or model development.
- Expertise in the use of analytical tools such as Python/R/SQL/SAS and spreadsheets.
- Some knowledge of regulatory and risk management guidelines, such as EBA guidelines, CRR and PRA rules would be a bonus.
- The ability to articulate findings from analysis in a succinct and clear way that is suitable for the target audience.
- Organised, flexible and adaptable, with the ability to switch between tasks seamlessly.
- Strong problem-solving skills and attention to detail.
- Good communication and teamwork abilities.
We offer:
- 25 days holiday (plus take your public holiday allowance whenever works best for you).
- An extra day’s holiday for your birthday.
- Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off.
- 16 hours paid volunteering time a year.
- Salary sacrifice, company enhanced pension scheme.
- Life insurance at 4x your salary & group income protection.
- Private Medical Insurance with VitalityHealth including mental health support and cancer care.
- Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton.
- Generous family-friendly policies.
- Incentivised refer a friend scheme.
- Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks.
- Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing.
Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.
Senior Analyst - Model Validation employer: Starling Bank Limited
Contact Detail:
Starling Bank Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Analyst - Model Validation
✨Tip Number 1
Familiarise yourself with Starling's core values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim for Greatness. During your interactions, whether in interviews or networking, demonstrate how your personal values align with theirs.
✨Tip Number 2
Engage with the model validation community online. Join forums or LinkedIn groups where professionals discuss model risk management and validation techniques. This can help you stay updated on industry trends and may provide valuable contacts.
✨Tip Number 3
Prepare to discuss specific analytical tools like Python, R, SQL, and SAS. Be ready to share examples of how you've used these tools in past projects, particularly in model validation or development, as this will showcase your expertise.
✨Tip Number 4
Research Starling Bank's recent initiatives and news. Being knowledgeable about their latest projects or challenges can help you engage in meaningful conversations during interviews, showing your genuine interest in the company.
We think you need these skills to ace Senior Analyst - Model Validation
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Analyst - Model Validation position. Familiarise yourself with the core values of Starling Bank and think about how your experience aligns with their mission.
Tailor Your CV: Customise your CV to highlight relevant experience in model validation or development. Emphasise your expertise in analytical tools like Python, R, SQL, or SAS, and any knowledge of regulatory guidelines that may be beneficial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the banking industry and your alignment with Starling's values. Use specific examples from your past experiences to demonstrate your problem-solving skills and ability to communicate findings clearly.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. Ensure that your writing is clear and concise, as this reflects your attention to detail and professionalism.
How to prepare for a job interview at Starling Bank Limited
✨Understand the Core Values
Familiarise yourself with Starling's core values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim for Greatness. Be prepared to discuss how your experiences align with these values during the interview.
✨Showcase Your Technical Skills
Highlight your expertise in analytical tools such as Python, R, SQL, or SAS. Be ready to provide examples of how you've used these tools in model validation or development, particularly in relation to advanced modelling techniques.
✨Prepare for Stakeholder Engagement
Since the role involves engaging with model developers and owners, think of instances where you've successfully communicated complex findings to non-technical stakeholders. This will demonstrate your ability to articulate findings clearly.
✨Demonstrate Problem-Solving Abilities
Be prepared to discuss specific challenges you've faced in model validation and how you approached solving them. Emphasising your attention to detail and adaptability will show that you're a strong candidate for the role.