Director of ERM Reporting & Model Risk Management

Director of ERM Reporting & Model Risk Management

Location:

This position is in the office and can sit at our Downtown Nashville, TN, Lexington, TN, or Birmingham office.

Summary

The Enterprise Risk Reporting & Model Risk Program Manager will be responsible for maintaining and executing the Model Risk and Enterprise Risk Reporting Programs and making relevant changes to both frameworks to reflect the ongoing maturity of both the second line programs as well as the capabilities of the first line charged with executing aspects of both programs. Continuous improvement of programs, as well as attracting and retaining a team of qualified individuals to execute the programs, is required.

Additionally, the role must work alongside other program managers within Compliance to discover efficiencies and streamline processes where appropriate.

Essential Duties and Responsibilities

• Oversee the Identification and determine whether an item meets the definition of a model or End User Computing (EUC)
• Conduct risk assessments of models/EUCs, manage MRM Inventory and model validations and reviews
• Manage validation consultant budget and advise on a yearly validation schedule
• Chair Model Risk Committee and the Horizon Risk Working Group
• Provide Management Risk Committee and Board Risk Committee presentations and reporting on Model Risk, Risk Appetite Statement, Enterprise and Horizon Risk Indicators
• Advocate, train and build a culture of risk awareness with model owners and enterprise metric owners
• Manage Templates, MS Teams or Workflow Platforms to organize and systematize work across stakeholders
• Maintain all Policies, Standards and governance documents relevant for the programs
• Understand Banking Regulations/Requirements related to Model and Enterprise Risk
• Develop a response plan and remediating Audit or Assurance function issues

Qualifications

Education and/or Experience

• Undergraduate degree in Business, Economics, Finance, Accounting, Statistics, or similar. Graduate degree preferred.
• Holds relevant industry certifications such as FRM, CERP, CFA, CPA or ABA Programs.
• 10+ years’ experience in Risk/Finance/Audit
• 10+ years’ experience managing staff, external consultants or contractors
• Experience in project management related to data, governance, compliance, audit, validations, banking systems, etc. required
• Experience implementing or managing software or data platform transformation projects, User Acceptance Testing, Test Script or Technical Writing preferred

Skills and Abilities

• Superior written and oral communication skills, with the ability to communicate effectively at all levels of the organization
• Ability to articulate complex topics in a digestible manner for a wide audience
• Demonstrated self-starter who can work independently with minimal supervision and in a collaborative team
• Ability to manage multiple projects and meet deadlines

First Bank does not accept unsolicited resumes from agencies and staffing firms. Recruitment agencies and consultants may not submit resumes directly to managers. First Bank will not pay fees to any third-party agency or company that does not have a signed agreement as an approved vendor. First Bank is an Equal Opportunity Employer, including disability.