Model Validation AVP
Company: Barclays
Location: Wilmington
Posted on: March 27, 2026
|
|
|
Job Description:
Join us as a Model Validation AVP, where you will validate and
approve risk models at inception, during usage changes, and through
periodic and annual reviews. This role operates within the risk
function and focuses primarily on retail credit models including
credit cards and loan portfolios. You will independently review
model documentation, perform testing and analysis, and clearly
report findings to demonstrate model soundness and regulatory
alignment. This role offers broad exposure across multiple model
types and high impact validation work. To be successful as a Model
Validation AVP, you should have: Experience in risk model
validation, model development, or quantitative modeling within
financial services Experience validating retail credit risk models
such as credit cards and consumer loans Understanding of model risk
management frameworks, governance, and regulatory expectations Some
other highly valued skills may include: Ability to perform detailed
analysis, testing, and independent challenge of models Written
communication skills with experience producing clear and thorough
validation documentation Quantitative discipline preferred You may
be assessed on key critical skills relevant for success in this
role, such as risk and controls, change and transformation,
business acumen, strategic thinking and digital and technology, as
well as job-specific technical skills. This role is based out of
Wilmington, DE. Purpose of the role To validate and approve models
for specific usages both at inception and on a periodic basis, and
of model changes, as well as conducting annual reviews.
Accountabilities Validation of models for their intended use and
scope, commensurate with the complexity and materiality of the
models. Approval or rejection of a model or usage based on
assessment of the model’s conceptual soundness, performance under
intended use and the clarity of the documentation of the model’s
inherent risks, limitations and weaknesses. Assessment of any
compensating controls used to mitigate Model risk. Documentation of
validation findings and recommendations in clear and concise
reports, providing actionable insights for model improvement.
Evaluation of the coherence of model interactions and quality of
Large Model Framework aggregate results that generate output for
regulatory submissions or management decision making and planning.
Design of the framework and methodology to measure and, where
possible, quantify model risk, including the assessment of
framework level uncertainty. Assistant Vice President Expectations
To advise and influence decision making, contribute to policy
development and take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions. Lead
a team performing complex tasks, using well developed professional
knowledge and skills to deliver on work that impacts the whole
business function. Set objectives and coach employees in pursuit of
those objectives, appraisal of performance relative to objectives
and determination of reward outcomes If the position has leadership
responsibilities, People Leaders are expected to demonstrate a
clear set of leadership behaviours to create an environment for
colleagues to thrive and deliver to a consistently excellent
standard. The four LEAD behaviours are: L – Listen and be
authentic, E – Energise and inspire, A – Align across the
enterprise, D – Develop others. OR for an individual contributor,
they will lead collaborative assignments and guide team members
through structured assignments, identify the need for the inclusion
of other areas of specialisation to complete assignments. They will
identify new directions for assignments and/ or projects,
identifying a combination of cross functional methodologies or
practices to meet required outcomes. Consult on complex issues;
providing advice to People Leaders to support the resolution of
escalated issues. Identify ways to mitigate risk and developing new
policies/procedures in support of the control and governance
agenda. Take ownership for managing risk and strengthening controls
in relation to the work done. Perform work that is closely related
to that of other areas, which requires understanding of how areas
coordinate and contribute to the achievement of the objectives of
the organisation sub-function. Collaborate with other areas of
work, for business aligned support areas to keep up to speed with
business activity and the business strategy. Engage in complex
analysis of data from multiple sources of information, internal and
external sources such as procedures and practises (in other areas,
teams, companies, etc).to solve problems creatively and
effectively. Communicate complex information. Complex information
could include sensitive information or information that is
difficult to communicate because of its content or its audience.
Influence or convince stakeholders to achieve outcomes. All
colleagues will be expected to demonstrate the Barclays Values of
Respect, Integrity, Service, Excellence and Stewardship – our moral
compass, helping us do what we believe is right. They will also be
expected to demonstrate the Barclays Mindset – to Empower,
Challenge and Drive – the operating manual for how we behave.
Keywords: Barclays, Dundalk , Model Validation AVP, Accounting, Auditing , Wilmington, Maryland
