Senior Quantitative Model Risk Associate – Universities Superannuation Scheme Limited
Efinancialcareers

London
•2 hours ago
•No application
About
Senior Quantitative Model Risk Associate Business Area: Financial Risk Place of Work: London Contract Type: Fixed Term Contract When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts. About the role In your role as Senior Quantitative Model Risk Associate, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to support the Investment Model Risk Manager, Head of USSIM Financial Risk, Group CRO and Head of USSIM Enterprise & Operational Risk in ensuring all models within USSIM are regularly reviewed, at the least to the level required by the USS Model Risk Framework. The role will be focused on expanding the model validation work established in the Financial Risk team to the Funding Strategy, Investment and Finance functions, involving significant cooperative engagement with model owners across these areas and ultimately helping the Investment Model Risk Manager implement a model risk culture in USSIM based on clear standards of model documentation, validation, and quality assurance (QA) processes. The role specifically covers: a) Validation of models in the Financial Risk, Funding Strategy, Investment and Finance functions, ensuring compliance with the Model Risk Framework and aiming to increase model coverage in line with priorities identified alongside key stakeholders. b) Working with model owners across all functions to promote a model risk culture within USSIM, including the ongoing maintenance of detailed process documentation, timely validation of new models/model changes and strong QA practices. c) Working with Risk Champions to ensure model



