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Senior Treasury IRB Model Review (Contractor)

Company

Empirical Search

Location

United Kingdom, United Kingdom

Type

Interim

Role Description

  • Complete an attestation against relevant regulation for our IRB model
  • Review last year’s attestation of the IRB model and create plans for bringing up to compliant
  • Prepare the Treasury model risk team for internal second line reviews of the model
  • Horizon scan the CRR and Basel 3.1 regulatory announcements to help anticipate where actions need to be taken to ensure compliance in the future
  • Role Requirements

  • A background in regulatory compliance (CRR/Basel 3.1)
  • Experience checking that the business is compliant to a set of regulations, and undertaking gap analyses with a focus on the IRB model aspect of the regulations would be good
  • Background in model risk oversight. Checking models against a set of standards and raising actions where they see issues/shortfalls
  • Some experience of working with models is desirable
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