We are looking for a Model Review Analyst to support the Head of Risk Analytics assisting implementing the model validation governance framework. You will learn, adopt, implement and develop model review processes and the relevant control standards as well as assisting with and undertaking independent model/methodology reviews. You will prepare, document and present independent model opinions and review findings, assist in conducting risk model validation for AI's risk model systems and help establish Model Validations online presence and range of resources as well as provide training to the wider business.
Ensure a strong model governance framework is present, understood and embedded across Aviva Investors, including a comprehensive central repository of all current models under scope
Ensure they understand and follow a comprehensive model review process that is clearly defined, consistently applied and supported by a set of standards and principles that enable its effective application. Clear, concise and consistent regular model review reporting that focuses on review, testing, challenge, identifying key risks and findings and making clear recommendations to address these
Help to ensure risk models used are credible & accurate, add value to the second line of defence investment risk process
Demonstrate effective escalation where there have been breaches of model review and governance policy standards and of major issues arising from model validation reviews
Generate positive feedback from stakeholders including executives, model owners, key clients, regulators, external auditors and consultants as to the quality of model review framework, processes and methods. Positive view from Aviva Investors Investment Risk team as to the robustness and effectiveness of the model review framework
Strong academic track record, minimum degree educated with relevant quantitative and modelling skills with knowledge of asset management and financial markets
Strong quantitative, IT and communication skills
Ability to learn about risk and pricing models/methodologies
Ability to challenge model owners in an effective and constructive manner
Ability to build and maintain working relationships across the business
Programming expertise - VBA, R other data/stat packages and databases
Experience of building and/or validating a broad range of methodologies/models if preferable.
We are proud to be a different kind of asset manager; our intelligent and innovative solutions are based entirely around our clients' needs, not ours.
Aviva Investors is a global asset manager with expertise in real estate, fixed income, equity, multi-asset and alternative investments. We are proud to stand out in our field as our intelligent solutions are based around our clients' objectives, not ours. About us
Inclusion and diversity
We are a global organisation with thousands of employees and customers from different cultures. We've built our approach to inclusion and diversity on the principles of respect, valuing differences and inclusion.
One of Aviva's core values is Care More, and this is bought to life through the flexible ways we like to work. This may include working from home some of the time, or flexible work schedules to accommodate parent and carer responsibilities, further studies and hobbies. What's important to us is that you are supported to do the best work of your life.
You will be assessed against the Aviva values: care more, kill complexity, never rest and create legacy