This is a new team, created in line with the banks brexit strategy. The team is responsible for ensuring a model control framework and ensuring that the internal models are appropriate for the entity's portfolio.
Overall purpose of the role
Drive the implementation and adherence to Model Risk Management Framework, Model Risk Policy, and overall standards of model risk management and support model owners and model developers and Risk teams to ensure models and methodologies are consistent and appropriate.
Essential Skills/Basic Qualifications:
Risk Model governance experience, including good business and risk judgement
Significant experience in a model-development or business/ risk/ finance area where an excellent understanding of model usage is required
Solid experience in a quantitative governance role within risk management (credit/counterparty/market/operational) in financial services
Extensive overall risk management experience
Bachelor's degree in numerate subject such as mathematics, physics, financial engineering or a track record of performance that demonstrates this ability.
Technical skills - Competence in the use of Python, Excel, possibly SAS or other data management software
Excellent organisational skills and the ability to manage multiple assignments concurrently
Strong communication, relationship and good stakeholder management skills - able to influence at various senior levels across the organisation and experience in engaging with regulators and auditors
Excellent interpersonal skills with proven track record of demonstrating integrity, initiative and strong commitment
Decisive, clear, proactive, energetic and capable of acting at speed and have the energy and resilience to work in a complex and challenging environment
Ability to challenge, influence, and drive implementation of change and best practice
Master's or Ph.D. in a numerate subject such as mathematics, physics, financial engineering or the like
Strong understanding of stress testing
Experience in multiple areas in regulatory models
Experience of managing and working with complex projects and delivering to tight deadlines
Track record of interacting with senior stakeholders along with strong influencing skills.
Strong facilitation and Negotiation skills evidenced through managing and influencing discussion and debate at a senior level
Working knowledge of impairment, capital and market risk models
Highly analytical mind with a strong attention to detail.
Track record and passion for developing and driving effective processes
Morgan McKinley is acting as an Employment Agency in relation to this vacancy.
Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.
Internal Number: 4998642
About Morgan McKinley
eFinancialCareers is a career site specializing in financial services.