Model Risk Governance Framework and Reporting Manager

• Enhancing, implementing, and maintaining the model risk management program within the Bank

• Ensuring overall compliance of the MRM program with regulatory guidance on model risk management, staying current with changes in regulatory expectations and leading industry practices

• Providing training and communication of the expectations of the MRM program to stakeholders across the organization

• Maintain and report on the MRM control inventory, execution, and evidence

• Oversee reporting related to model risk and the MRM program for presentation to senior management and during risk management committees

• Oversee the creation of accurate and professional reports, presentations and dashboards distributed to MRM senior leadership, managing committee and Board

• Oversee the design and execution of process improvements that focus on report automation

• Bachelor’s degree (MA/MS/PhD strongly preferred) and nine or more years of relevant experience
• Five or more years of experience leading a quantitative modeling team
• Extensive knowledge of various regression techniques, parametric and non-parametric algorithms, time series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package
• Advanced data compilation, programming skills and qualitative analysis skills
• Thorough knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
• Thorough knowledge of applicable regulatory rules, guidance, or supervisory letters
• In depth knowledge of Bank products and services

• quantitative modeling
• regression techniques
• parametric algorithms
• non-parametric algorithms
• time series techniques
• statistical models
• model validation tests
• data compilation
• programming skills
• qualitative analysis

• communication
• leadership
• training
• organizational skills
• presentation skills

• Bachelor’s degree
• MA
• MS
• PhD