Lead Model Validation Analyst

🕒 April 27

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Funding Circle UK

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 2010

💳 Fintech

💸 Finance

🤝 B2B

Fintech • Finance • B2B

Funding Circle UK is a UK-based fintech lending platform that provides business finance to small and medium-sized enterprises. It offers online term loans, shorter-term loans, lines of credit (FlexiPay), cashback business credit cards, government-backed Growth Guarantee Scheme loans, and asset finance through partners, with quick online applications, fast decisions and UK-based support. Funding Circle is authorised and regulated by the Financial Conduct Authority and focuses on helping UK businesses access working capital, purchase equipment or vehicles, and support growth.

📋 Description

• Perform independent validation of all key models used by the business. This involves assessing the model's conceptual soundness, data integrity, and implementation • Work closely with model developers and business units to address model risks and ensure timely resolution of identified issues • Provide oversight for ongoing model performance monitoring and recalibration activities • Prepare comprehensive validation reports detailing the review process, findings, and recommendations. Communicate these findings effectively to model owners, developers, and senior management • Ensure all validation activities and model documentation comply with internal policies and external regulatory guidance • Contribute to the enhancement of the model validation framework and methodologies to keep pace with industry best practices and evolving regulatory requirements

🎯 Requirements

• A Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Mathematics, or Computer Science. A Ph.D. is a plus • 7+ years of experience in model development, model validation, or a related quantitative risk management role, preferably within the financial services industry • Strong knowledge of financial products, risk management principles, and statistical modeling techniques • Proven ability to work effectively in a team environment, fostering strong partnerships with stakeholders to resolve model challenges • Excellent analytical and problem-solving skills, able to work independently with minimal guidance • Proficiency in programming languages such as SQL, Python, R • Familiarity with regulatory guidance on model risk management, such as IFRS9

🏖️ Benefits

• Flexibility: We provide a benefit allowance you can tailor to your own life and family. • Health: This includes private medical and dental, health assessments, and access to a digital GP. • Wealth: We offer life assurance, share schemes, and financial coaching. • Development: You get a dedicated annual learning allowance to help you level up. • Lifestyle: We have electric car and cycle-to-work schemes, plus season ticket loans. • Award-winning parental leave policies.