Credit Model Validation Manager (Machine Learning & NPV Models)

Join Monzo, a rapidly growing lending business, as a Credit Model Validation Manager. In this role, you will provide independent oversight and challenge to our model development teams, ensuring that our credit models deliver good outcomes for our customers. You will focus on models used for customer-level decisioning and defining our credit strategies, and will be responsible for leading hands-on independent validation of these models. You will also support oversight and validation of broader credit risk models, develop a deep understanding of Monzo's credit models, and improve our Model Risk Framework. This position offers a range of benefits, including a yearly salary review, flexible working hours, and a learning budget.

• Assurer la validation indépendante des modèles de crédit utilisés pour la prise de décision, en veillant à ce qu'ils soient adaptés à leur objectif, correctement gouvernés et performants.
• Développer une compréhension approfondie des modèles de crédit de Monzo et fournir des contributions impactantes pour améliorer les capacités de modélisation.
• Améliorer le cadre de gestion des risques liés aux modèles, y compris la supervision des politiques, des normes et des procédures pour aider à intégrer les meilleures pratiques.
• Strong data and analytical skills are a must, as is deep expertise in credit risk modelling. You’ll have hands-on experience in either model validation or model development within a financial services environment, and ideally have in-depth knowledge of credit decisioning models
• Exposure to different modelling techniques, including machine-learning, would be a definite plus!
• Are data driven, with strong analytical skills and deep understanding of statistical techniques for credit and model risk. Being able to get hands on with data is critical - so being confident using SQL and Python is essential, and experience with data visualisation tools such as Tableau, Looker or similar is a plus!
• Understand how models are used in real-time decisioning and lending strategies, and how to balance commercial and risk outcomes
• Have a strong background and practical experience in credit model development and/or validation - in particular with exposure to areas such as decision science scorecards (including machine learning models), origination / underwriting PD models, and NPV / unit economics modelling
• Are impact-driven, and proactive in identifying issues and opportunities to improve outcomes for both our customers and our business
• Have strong written and verbal communication skills, and are able to articulate problems and solutions using clear and simple language. This is particularly important for breaking down complex issues and priorities to non-experts
• Are passionate about technology, and what we’re doing here at Monzo excites you!
• Have a track record of building and maintaining trusting relationships with stakeholders at all levels, and can provide effective and respectful challenge