Model Risk Specialist

Full-time Financial Services,Banking

Overview

Responsible for the validation of models and periodic monitoring to ensure models remain suitable for Bank’s use.

What you will do:

• Conduct independent model validation and provide a comprehensive effective challenge of models by partnering with model owners and developers, following Bank policies, regulatory requirements, and industry best practices
• Write validation reports documenting the independent validation process including important observations, recommendations, and associated remedial actions
• Maintenance of model inventory and other model risk management tools
• Create and update frameworks, policies, and procedures documents related to Model Risk Management.
• Assist the Model Risk Manager for any risk-related or project-related activities
• Develop and maintain effective working relationships with key stakeholders, ensuring effec...