Senior Model Risk Validation Analyst

Senior Model Risk Validation Analyst - Climate Risk Marshall Wolfe are hiring on behalf of our client within banking, who are hiring for a Senior Model Risk Validation Analyst. This role will join a growing risk function, providing independent validation and oversight of climate and sustainability-related models used across strategic planning, risk management, capital allocation, and transition planning.Key Responsibilities • Independently validate climate, forecasting, scenario analysis, stress testing, and optimisation models. • Assess model methodologies, assumptions, data quality, limitations, and performance. • Conduct sensitivity testing and quantitative analysis to identify and document model risks. • Produce clear validation reports and recommendations for senior stakeholders and governance forums. • Support model risk governance, regulatory compliance, and validation controls.Requirements • Degree in a quantitative discipline such as Mathematics, Statistics, Economics, Engineering, Physics, or Data Science. • Strong knowledge of climate risk, transition planning, decarbonisation pathways, climate scenarios, and net-zero strategies. • Experience validating complex quantitative models, ideally within financial services, risk, or regulatory environments. • Advanced analytical skills and proficiency in Python for data analysis and model assessment. • Excellent report-writing and stakeholder management skills, with the ability to communicate technical findings to senior audiences. • Familiarity with model risk regulations and frameworks, including SS1/23, would be advantageous. Location: Edinburgh - Hybrid | Type: Contract Inside IR35 | Duration: 3 months