Model Validation Manager

We’re Atom bank

The bank that’s leading the fintech charge!

We’re not like the rest. We’re true innovators, and we’re redefining what a bank should be. Ours is a bank for today and the future, a mobile-first bank. Forget the stuffy branches, with Atom you can bank whenever, wherever, faster, and simpler.

Could you be the next innovator to join us?

What will your ‘typical’ day look like? Different that’s for sure…:

At Atom bank, we’re revolutionising the banking industry through cutting-edge technology and data-driven decision making. We’re on a mission to secure an A-IRB waiver, a prestigious designation that recognises our commitment to robust model and data governance.

As a Senior Model Validation Manager, you’ll be at the forefront of this exciting journey. You’ll lead the validation of all our models, ensuring they meet the highest standards of accuracy, reliability, and regulatory compliance.

What you’ll be doing:

• Leading model validation projects: You’ll take ownership of the entire validation lifecycle, from planning and execution to reporting and remediation.
• Collaborating with stakeholders: You’ll build strong relationships with model owners, developers, and external validation partners.
• Driving continuous improvement: You’ll identify opportunities to enhance our validation processes and contribute to the development of our next-generation model validation analysts.
• Influencing risk management: You’ll provide expert advice on risk appetite metrics, limits, and key risk indicators, shaping our risk management framework.
• Presenting to senior management: You’ll report to governance committees, including the Board Risk Committee, on the status of our models and governance framework.

What do we need from you?

• Extensive experience in model validation and knowledge of model risk frameworks.
• Experience of leading validations of A-IRB and IFRS9 models for UK residential mortgages.
• Strong and proven stakeholder management skills
• Ability to make informed business decisions, considering the impacts on customers and helping drive strategic goals.
• Proven knowledge of statistics and econometrics.
• In-depth knowledge of UK regulatory requirements (CRR, SS11/13, SS1/23).
• Ability to translate technical details to non-technical audiences, including committees.
• Experience in workflow planning/project management

What you’ll get from us:

• Salary £75k-£85k
• Flexible hybrid & remote working
• 4-day work week
• Annual Share Option – performance-related
• Incredibly generous company pension scheme (maximum of 13% of Atom input – you can put in more)
• ‘All About Me’ fund: £200 per year to spend on personal development.
• 22.5 days annual leave plus public holidays
• Private Medical Insurance, Health Cash Plan & Life Insurance
• Enhanced Parental Leave
• Electric Vehicle Scheme

PLEASE NOTE: You must have the legal right to work in the UK to apply for this role as Atom is unable to support Visa Applications/Sponsorship

Atom is an equal opportunities employer. We value you as an individual and therefore disregard race, religion/belief, gender, sexual orientation, maternity/pregnancy, age, gender reassignment, marriage/civil partnership and disability in any hiring decisions we make. Atom will always adhere to the Equality Act 2010.

All roles within Atom must adhere to the Conduct Rules as set out by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA)

As part of Atom bank’s commitment to the FCA’s Consumer Duty, Atom will, take all reasonable steps to avoid causing foreseeable harm to customers, take all reasonable steps to enable customers to pursue their financial objectives and act in good faith.