Posted By
Posted in
Banking & Finance
Job Code
1459088
- Provide oversight and engaging with senior stakeholders for model related risk stewardship within their area of responsibility, ensuring that strong risk management is embedded across the 1LOD, enabling safe growth.
- Participate in Governance Forums/Committees as required.
- Support active model risk management across their area by:
- Oversee the embedding of the Risk Taxonomy & Control Library for Model Risk.
- Review Risk and Control (RCA) scoping, and recommending changes where applicable.
- Provide ongoing oversight and challenge of the 1LOD in embedding Risk Policy and monitoring ongoing compliance to the policy.
- Support the 1LOD in setting and managing their risk appetite and risk acceptance approach including the provision of oversight and challenge to ongoing monitoring and remediation plans (as applicable).
- Deliver effective Risk Stewardship in line with the Risk Management Framework.
- Provide subject matter expertise, advice, guidance, and effective challenge to the Risk and Control Owners.
- Contribute to Enterprise Risk reporting for their area including the gathering of emerging risks and assessing the aggregate risk status for their area.
Qualifications
- Significant experience of model risk management, governance and/or model development / validation.
- Significant experience of local regulators and regulations.
- Experience of managing senior stakeholder and external communications.
- Knowledge and expertise of local market and different business lines is preferable.
- Proven ability to develop strong networks with key stakeholders at all points in a matrix structure, creating an ability to execute task at hand with minimum conflict.
- Providing expert advice, robust challenge and managing risk and controls
- Ability to present complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner.
- Team-oriented mentality combined with ability to complete tasks independently to a high-quality standard.
- Support the management of model risk across a large complex banking group.
- Manage multiple senior stakeholder relationships across the company matrix.
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Posted By
Posted in
Banking & Finance
Job Code
1459088