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Head of Traded Model Monitoring

Salary £120k to £160k
Type Permanent
Location London
Sector Credit & Risk Management
Job Reference T55/TXH/29250
Contact Tim Holbrough
Date posted 05-07-2018

Global Bank seeking a Head of Traded Model Monitoring to join their London office
• Lead the Traded Risk Model Monitoring function and drive the execution of the model monitoring strategy and operating model, including model performance, usage and effectiveness monitoring, thematic reviews and compliance assessments for all Traded Risk models in scope of GRA
• Improve understanding of model risk and enable robust risk management by global businesses taking into account model performance
• Engage with the senior executives within the risk function (WCMR) and business (GB&M) to ensure their understanding of model performance
• Principal point of contact for stakeholders in model risk management (Independent Model Review, Model Risk Governance, Model Risk Audit) and Finance on traded risk model monitoring
• Key contact in engagement with lead (PRA) and regional regulators (HKMA, FRB, OCC, OSFI, etc.) on traded risk model monitorings


• Quantitative professional with experience in one or more risk analytics roles
• Experience in leading and conducting model monitoring or validation work in a similar or complementary discipline
• Experience within a large, matrix organisation
• Experience of working across multiple jurisdictions and cultures
• Experience of dealing with regulatory matters and confident interaction with Regulators
• Experience in creating best in class processes and activities
• Proven leadership skills in a changing environment

• Good understanding of statistics and data mining and familiarity with sophisticated tools for numerical analysis
• Strong technical knowledge of traded risk
• Good understanding of financial derivative products of different asset classes
• Post-graduate degree or equivalent in a quantitative field is beneficial

For applications or enquiries, email

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Contact Tim about this job

AVP, Consultant