Model Risk Manager

Role Overview

• Perform as Model Risk Management expert for all Business Lines; provide objective and independent support, challenge and guidance on Model Risk Programs and risk management practices.
• Lead the Model Risk Management Team and Program / Framework, ensure quality implementation, comprehensiveness and value to Business Lines, and continue to strategically advance the Framework in line with organizational needs, scale and regulatory requirements.
• Ensure ongoing oversight and deliverance of an effective risk management monitoring program through review, metrics, analysis and preparation of qualitative/quantitative risk assessments and reporting.
• Remain current with Model Risk regulatory guidance and industry best practices as well as emerging industry-wide risks via public domain, industry-specific organizations, and internal contacts.
• Provide leadership, tactical support and expert risk advisory on various Business Line and/or Company-wide initiatives and projects; use sound risk-based decision making, experience and judgment in responding to inquiries of moderate to high risk and complexity.
• Lead and/or actively serve on corporate governance committees/forums/working groups on behalf of the Risk Management function.
• Be a liaison with independent testing and regulatory bodies for review and oversight along with support of Senior Risk management for committee and board reporting.
• Provide training, development opportunities and professional guidance including risk appetite statements, risk assessments, and other operational risk as defined.

Requirements

• Bachelor’s degree—or an equivalent combination of education and experience—in Audit, Compliance, Risk, Business Administration, Finance, Economics, or Accounting required.
• 8+ years financial services industry with some specific senior-level responsibilities related to Model or Operational Risk Management programs and practices; advanced understanding of operational risk, related control frameworks and practices, and existing and pending regulatory requirements.
• Less than 2 years Project Management or Leadership covering cross-functional projects with proven ability to develop and execute tactical plans
• Preferred
• Less than 2 years Interacting with and influencing leadership
• Preferred
• Various Risk Management Related Certifications Preferred.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.