Traded Models Validation Analyst

At Barclays, we are seeking an analytical and detail-oriented Traded Models Validation Analyst to join our team. As a member of our Model Risk Management team, you will be responsible for ensuring that our models are compliant with applicable regulations and best practices. This position requires a combination of financial and technical expertise, and the ideal candidate should have a strong understanding of financial markets, analytics, and risk management. The successful candidate should have a Bachelor's degree in a quantitative field such as mathematics, statistics, or finance, along with at least 3 years of experience in a quantitative role either in a financial institution or at a consulting firm. Additionally, experience in model validation and extensive knowledge of model risk management frameworks are required. If you are a self-starter with excellent problem-solving skills and a passion for financial markets, then this could be the perfect role for you. We are looking for a team player who is able to work independently and in a fast-paced environment. We welcome creative and innovative ideas and offer an opportunity to grow and develop.

Responsibilities:

1. Ensure models are compliant with applicable regulations and best practices.
2. Monitor and review model risk management frameworks.
3. Identify and investigate any discrepancies or errors in the models.
4. Work collaboratively with stakeholders to develop and implement risk management strategies.
5. Analyze and interpret quantitative data to detect and report any potential model risk.
6. Develop and maintain models to ensure accuracy and reliability.
7. Generate reports and document model validation processes.
8. Develop and implement model validation processes and procedures.
9. Monitor model performance and provide feedback to model developers.
10. Keep up to date with relevant regulations, best practices, and industry trends.

According to JobzMall, the average salary range for a Traded Models Validation Analyst in London, UK is £42,000 - £60,000.

Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.