Head of Risk Models

The Company is seeking a Head of Risk Models to provide independent oversight of models supporting lending decisions, credit risk management, and financial reporting. Responsibilities include leading validation of credit risk models, challenging their design, assumptions, methodology, performance, and monitoring, and overseeing models used for credit decisioning and expected credit loss. The role will maintain and enhance model governance, validation standards, policies, and risk reporting, while identifying limitations and recommending practical improvements. The successful candidate will work with model owners and senior stakeholders, present findings to governance committees, and support regulatory expectations and the development of model risk capabilities. Candidates should have experience in model risk management, independent model validation, or credit model oversight in banking or financial services. Strong knowledge of credit risk models—including probability of default, loss given default, exposure at default, and expected credit loss—is required, with experience in consumer or SME lending preferred. Applicants should be able to assess model assumptions and performance, communicate validation findings clearly, and develop or embed governance frameworks, policies, and controls. Strong analytical, problem-solving, written communication, and stakeholder-influencing skills are essential.