Model Risk Manager

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Our purpose is to empower people to save and invest with confidence. We are looking for great people to join us, so please come and invest in YOUR future at HL.
We know that sometimes people can be put off applying for a job if they don't tick every box. If you're excited about working for us and have most of the skills or experience we're looking for, please go ahead and apply. We'd love to hear from you!
About the role
Hargreaves Lansdown (HL) are now recruiting for a Model Risk Manager to join the team on a 12 month fixed term contract. You'll be working with the Head of Model Risk and Senior Model Risk Manager to support the delivery of the group wide model validation function in assessing the conceptual soundness of spreadsheet tools and models in use in HL. Support model governance activities including preparation for Model Governance Committee (MCG).
What you'll be doing
Model Validation framework - in conjunction with the Head of Model Risk and Senior Model Risk Managers, contribute to the maintenance of the Group Model Risk FrameworkModel Validation - review high-impact EUDAs with particular focus on model assumptions, mathematical formulation, and implementation across HL business linesContribute to the validation of specific models. Key models will include capital, liquidity, stress- testing, client insight, wealth and fund managementStakeholder interaction with model developers and business owners during the model lifecycleBe accountable for day-to-day activities including maintenance of the model register and the management of the validation scheduleContribute to the preparation of model validation findings, and associated presentations for Accountable Executives and executive level committees About you
Analytical with a keen eye for detailExperience of providing quantitative analysis to stakeholders Possess good stakeholder management skillsSolution focused mindset - with the ability to use own experience to develop innovative solutions and resolve complex issuesGood experience of using the outputs from modelling activity as an input to risk profile reportingKnowledge of model governance regulatory and industry best practice expectationsIn-depth experience of the Wealth industryExcel expert and good knowledge of SQL. Knowledge of any other programming languages will be desirable Interview process
The interview process for this role is 2 stages including a task.
Working Schedule
This role is based in Bristol head office, BS1 5HL. This role is permanent, full time, 37.5 hours per week, Monday to Friday. We have returned to the office, however for this role we offer a hybrid flexible working pattern to enable you the option of working from home and coming into the office circa monthly.
Why us?
Here at HL, we're the UK's number 1 investment platform for private investors, based in Bristol. For more than 40 years we've helped investors save time, tax and money on their investments.
To achieve our mission, we believe we have a workplace like no other, with constant learning, dynamic teams, and a great ethos. We're steered by core values that promote service, quality, innovation, and opportunity in everything we do.
What's on offer?
Discretionary annual bonus & annual pay review25 days holiday plus bank holidays and 1-day additional Christmas closure timeOption to purchase an additional 5 days holiday per year at annual enrolmentFlexible working options available, including hybrid workingEnhanced parental leavePension scheme up to 11% employer contributionSharesave scheme - have a real stake in HL's futureIncome Protection & Life insurance (4 x salary core level of cover)Private medical insurance Health care cash plans - including optical, dental, and out patientcare and an Employee Assistance ProgrammeGympass - gym memberships and wellbeing apps availableVariety of travel to work schemes with free bike storage and shower facilitiesAn inhouse barista serving subsidised coffee and snacksJoin HL's sports, I&D networks and volunteering groups (two paid volunteering days per year)LifeWorks Discounts on services, restaurants and retailers dependant on role level
Hargreaves Lansdown is an inclusive employer that values diversity in its workforce. We encourage applications from all individuals without regard to race, religion, gender, sexual orientation, national origin, disability or age.
This role may also be available on a flexible working or part time basis - please ask the Recruitment & Onboarding team for more information.
Please note, we are unable to provide employment sponsorship to candidates.