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Model Validation AVP

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Company :
Barclays

Location :
Wilmington, Delaware

Expiry Date :
Thu, 04 Feb 2021 23:59:59 GMT

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Description :
Model Validation Assistant Vice President Delaware As a Barclays Model Validation Assistant Vice President, you will get the opportunity to identify and manage existing and emerging risks that stem from models. You will be conducting validation testing on models used across Barclaycard while keeping tactical objectives to ensure High Materiality business as usual (BAU) models be brought into governance. Barclays is one of the world’s largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We’ve helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity. What will you be doing? – Performing technical analyses, benchmarking, building challenger models (if needed) to support the IVU review and challenge process for all new and existing risk models – Producing high quality Independent Validation Unit (IVU) reports and presentations for key stakeholders – Supporting the line manager in the IVU team in the approval of models – Engaging with model owner and developers to communicate IVU expectations around the quality of model submissions – Ensuring that the Retail IVU team provides high quality input and guidance to modelers to achieve consistency of standards and compliance with internal and external requirements – Ensuring open, transparent, proactive and timely interaction with major stakeholders – Ensuring accuracy and transparency of documentation and model outputs – Enforcing the strict principles of the Model Risk Policy through model approval, rejection and feedback to drive continuous improvements across Barclays What we’re looking for: – Bachelor’s degree or equivalent years of service – Good experience with the analysis and implementation of machine learning (ML/AI) models, preferably in retail lending – Credit risk working experience in retailing lending, preferably in credit card – Working with python libraries such as pandas, numpy and sklearn or similar packages in R as well as good experience in SAS, R or Python Skills that will help you in the role: – PhD in a numerate subject such as Mathematics, Physics, Operational Research, or Financial Engineering – Knowledge of risk documentation associated to predictive models – Exposure to credit card modelling techniques and strategy development, such as underwriting and line assignment – Excellent knowledge and understanding of a wide variety of model development or validation techniques covering models used for credit card decisioning process Where will you be working? Barclays’ Wilmington campus includes two beautiful buildings located along the historic Wilmington Riverfront. A glance out our windows reveal a scenic look at the Christina River, along with a growing riverfront community of luxury apartments, shops, and restaurants. Additionally, the Wilmington train station is a short walk away making travel from New York and Washington, DC convenient.