Responsible for oversight and execution of Model Governance responsibilities, reporting into Global Head of Model Risk Management. Leads a team of 10, will help steer through change to Model Risk Management framework in line with supervisory expectations across multiple global regulators
The role
- Review and challenge policies, procedures and process documents as well as maintain and evolve existing governance documents to meet regulatory and internal requirements
- Sponsor a large remediation programme focussing on enhancements to the Model Risk Management framework
- Oversee Model Risk Management’s Risk and Control Self Assessments, engage with Internal and External Audit
- Oversee development and delivery of firm-wide Model Risk training and education programme
- Attend key Governance Committees and Forums, respond to and engage with regulators
- Oversee process and approach to model identification and inventory management
Requires
- Someone strategic and highly structured, capable of influencing stakeholders who can be a strong agent for change.
- Detail oriented and experienced in change management and transformation
- Strong knowledge of Model Risk Management governance standards and model validation experience.
- Experience in regulatory and internal audit interaction, exam management/coordination and issue management/resolution
- Experience leading large teams
- Knowledge of best practice for policy and procedure management and design
