You will: 

• Perform independent model validation as part of our second line of defence Credit Risk teams and making sure the credit risk models are fit for purpose
• Improve the IFRS9 Operating Model and Framework, challenging provisioning adequacy, validating IFRS9 models and building governance and controls around the framework
• Improve Model Risk Framework including policies, standards and procedures helping to embed best practice in the business. Making sure it follows up-to date regulatory guidelines and it is relevant for modern modelling techniques
• Write clear and impactful model validation reports and present the findings in relevant committees

You should apply if are:

• You are highly motivated and energised by the idea of bringing positive impact to our customers and Monzo
• You are self-motivated and thrive in a fast-paced environment
• You have great attention to detail while keeping an eye on the big picture
• You are a great communicator, able to articulate complex problems
• You can provide effective challenge whilst building strong, respectful relationships
• You are keen to grow your knowledge in both business and technology

And if you have:

• Experience in developing and/or validating IFRS 9, regulatory capital, stress testing, forecasting
• In-depth knowledge of statistical techniques for management of credit risk
• Strong understanding of estimation and measurement of one or some of the following:
• Expected and unexpected credit losses
• Use of economic scenarios and forecasting
• PD, LGD and EAD within IFRS 9 
• Credit risk management knowledge/experience
• Experience in consumer lending business or similar industry

Even better if you have:

• Strong technical skills such as SQL or Python
• Experience of managing a modelling project through its full lifecycle
• Working knowledge of machine learning models: gradient boosted trees, etc