Head of Risk Models

In this role, you oversee independent validation and oversight of credit risk models across consumer and SME lending. You will challenge model design, assumptions, and performance while supporting robust governance and risk reporting. You collaborate with first-line model owners and senior stakeholders to drive improvements and ensure controls are maintained. This is a chance to shape the bank’s model risk framework and contribute to responsible lending and sustainable growth. You will work in a cross-functional environment to translate complex model risk issues into practical, actionable outcomes.

• Lead independent validation and oversight of credit risk models across lending portfolios
• Challenge model design, methodology, and ongoing performance
• Oversee models for credit decisioning, PD, LGD, EAD and IFRS 9 expected credit losses
• Maintain and enhance model governance, policies, validation standards, and risk reporting
• Identify model limitations and risks, delivering clear, actionable recommendations
• Collaborate with first-line model owners to ensure findings are addressed and controls maintained
• Present risk insights and recommendations to senior management and governance committees
• Support regulatory expectations and development of the bank’s model risk capabilities

• Experience in Model Risk Management, independent model validation or credit model oversight in banking or financial services
• Strong knowledge of credit risk models including PD, LGD, EAD and IFRS 9
• Exposure to consumer and/or SME lending
• Proven track record in challenging model assumptions, assessing performance, and communicating findings
• Experience developing or embedding model governance frameworks, policies and controls
• Confidence engaging with senior stakeholders and influencing model owners
• Strong analytical, problem-solving and written communication skills

• strong communication
• commercial judgement
• influencing and stakeholder engagement
• credit risk modeling
• PD, LGD, EAD
• IFRS 9