Hybrid Senior Manager – Model Risk Management

Posted 3 hours ago

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About the role

  • Senior Risk Manager overseeing model risk implementations and compliance assessments at a transformative UK bank. Leading governance policies and ensuring models align with risk appetite.

Responsibilities

  • Work across all business areas on implementation and compliance assessment of Model Risk Policy.
  • Lead on periodic reviews of Model Risk Governance Policies and Standards.
  • Update and maintain the Model Inventory, risk assessment and reporting.
  • Track and report on the compliance of models with governance requirements.
  • Keep track of industry trends and regulatory requirements to continually enhance the Bank’s approach to model and AI risk.
  • Report to Committees on the performance of models, including against the Bank’s model risk appetite.
  • Develop an assurance plan for model and AI risk and undertake assurance reviews.

Requirements

  • Experience in model risk oversight and control related roles within a Banking environment.
  • A detailed understanding of the types of models used within a Bank, including where model risks may arise.
  • A proven ability to interpret and comply with regulatory requirements.
  • Proven experience in influencing, negotiation and relationship management.
  • Strong communication skills, with experience of preparing and presenting documents and committee papers in relation to model risk.
  • A good understanding of model development, validation and implementation processes.
  • Strong understanding of best practice in model risk governance.
  • Ability to create clear and informative summary information and MI packs.

Benefits

  • 25 days holiday (plus take your public holiday allowance whenever works best for you)
  • An extra day’s holiday for your birthday
  • Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
  • 16 hours paid volunteering time a year
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

Job title

Senior Manager – Model Risk Management

Job type

Experience level

Senior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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