Model Risk Senior Manager

Model Risk Senior Manager

Tesco Bank

Edinburgh, United Kingdom

Permanent

Full time

Competitive

Serving our customers, communities, and planet a little better every day. Salary - Up to £90,000 + annual bonus & benefits. Location - Edinburgh Office. Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh office 3 days per week for this position. Closing Date - Applications close on Friday 21st November at 5pm.

A career that works for you

We're looking for a Model Risk Senior Manager to join our Provisions and Model Risk Oversight team at Tesco Bank, part of Barclays Bank UK Plc. This is a great time to join as you will play a significant part in the transition to the Barclays Model Risk Framework. You'll play a vital role in the ongoing management of Model Risk within Tesco Bank and be responsible for providing independent assurance of the models used. You'll be working within the Tesco Bank Risk team, alongside model developers and users, and the Barclays Independent Model Validation Unit.

What you'll be doing

• Maintaining the Tesco Bank model risk governance framework by ensuring that all our models are subject to appropriate validation and satisfy all regulatory requirements.


• Working closely with key stakeholders to deliver effective and independent oversight of the models used in all areas of Tesco Bank.


• Support the transition of our models to the Barclays Model Risk Framework.

We need you to have

• Experience of working across a wide range of Banking disciplines, which should include Finance, Credit Risk and Commercial Functions.


• Knowledge and understanding of model build, validation and governance within Retail Banking.


• Excellent oral and written communication.


• Ability to influence at all levels of the organisation.

And if you have any of these, even better

• Advanced Analytical Capability with in-depth knowledge of statistical and mathematical techniques and models used within Retail Banking.


• Strong understanding of the Regulatory agenda.


• Degree qualified or equivalent.

We don't expect you to tick every box, and if you feel you hit most of the brief, it's worth exploring to further develop your career here with us.

What's in it for you

• Prepare for your retirement with our colleague pension scheme.


• Private Medical Insurance (WL2+) and virtual GP Service 365 days a year.


• Performance related annual bonus.


• Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.


• Embrace the benefits of our Colleague Clubcard (until March 2026), enjoy a 10% discount that increases to 15% every payday (worth up to 2K). As an added perk, we'll give you a second card to share with someone else.


• Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous paid paternity leave.


• A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.

Everyone's welcome

We want all our colleagues to always feel welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals. Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you're interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!

Why Tesco Bank?

Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do. It means we put your wellbeing first and give you bags of support, training and development, so you can build the career that's right for you. It's about looking after each other with the same care that we give to our customers. We've created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time. Lovely. Say hello to life in Tesco Bank.

#s1-Gen

Serving our customers, communities, and planet a little better every day. Salary - Up to £90,000 + annual bonus & benefits Location - Edinburgh Office Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh office 3 days per week for this position. Closing Date - Applications close on Friday 21st November at 5pm A career that works for you We're looking for a Model Risk Senior Manager to join our Provisions and Model Risk Oversight team at Tesco Bank, part of Barclays Bank UK Plc. This is a great time to join as you will play a significant part in the transition to the Barclays Model Risk Framework. You'll play a vital role in the ongoing management of Model Risk within Tesco Bank and be responsible for providing independent assurance of the models used. You'll be working within the Tesco Bank Risk team, alongside model developers and users, and the Barclays Independent Model Validation Unit. What you'll be doing Maintaining the Tesco Bank
model risk governance framework by ensuring that all our models are subject to appropriate validation and satisfy all regulatory requirements. Working closely with key stakeholders to deliver effective and independent oversight of the models used in all areas of Tesco Bank. Support the transition of our models to the Barclays Model Risk Framework We need you to have Experience of working across a wide range of Banking disciplines, which should include Finance, Credit Risk and Commercial Functions. Knowledge and understanding of model build, validation and governance within Retail Banking. Excellent oral and written communication. Ability to influence at all levels of the organisation And if you have any of these, even better Advanced Analytical Capability with in-depth knowledge of statistical and mathematical techniques and models used within Retail Banking. Strong understanding of the Regulatory agenda. Degree qualified or equivalent. We don't expect you to tick every box, and if you
feel you hit most of the brief, it's worth exploring to further develop your career here with us. What's in it for you Prepare for your retirement with our colleague pension scheme. Private Medical Insurance (WL2+) and virtual GP Service 365 days a year. Performance related annual bonus. Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more. Embrace the benefits of our Colleague Clubcard (until March 2026), enjoy a 10% discount that increase to 15% every payday (worth up to 2K). As an added perk, we'll give you a second card to share with someone else. Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous paid paternity leave. A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want. Everyone's welcome We want all our colleagues to always feel
welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day. #LI-LC1 How to apply We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals. Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you're interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more! Why Tesco Bank? Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do. It means
we put your wellbeing first and give you bags of support, training and development, so you can build the career that's right for you. It's about looking after each other with the same care that we give to our customers. We've created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time. Lovely. Say hello to life in Tesco Bank.