Managing Director - Consumer Non-Regulatory Models

Plays a key role interacting and building relationship with internal and external stakeholders and regulators (as needed) in terms of model use, risk control and model risk management. Manages end to end model life cycle of Decision Science Risk models, approving these models and model changes for implementation and use. Ensures the models are integrated into the underlying data and infrastructure seamlessly through time and business/system changes.

Interacts with and influences their team, colleagues, and co-workers to develop and implement Retail and Business Banking credit models for Adjudication, Account Management, Impaired Provisioning, Collections, Business models (as required) and tools designed to effectively measure business performance and optimize the risk-return trade-off.

Attracts, builds, and manages (including performance management, compensation, recruiting, mentoring, training, coaching, and career management) a talented and industry leading team of risk professionals with expertise in the highly specialized and quantitative disciplines, including but not limited to credit assessment, account management, risk-return optimization, loss forecasting, financial/statistical modelling, machine learning and automation.

Effectively mentors fellow team members and work closely with business partners in the development, communication, and on-going monitoring and review of Retail and Business Banking risk analytics and strategies, loss estimation and collections methodologies, etc.

Communicates complex risk methodology and analytic concepts effectively with senior level executive, Model Risk, internal and external audit and regulators, as well as team members and business managers.

Develops, communicates, and integrates risk analytics, risk appetite, and risk-return trade-off into all models, for all aspects of the business for Retail and Business Banking.

Maintains up to date knowledge of advanced analytic methodologies and develops creative analysis, directions, and methods to improve Retail and Business Banking portfolio performance.

Pro-actively explores and recommends opportunities to extend the scope and applicability of statistical models or analysis as well as developing new models and advanced analytic solutions to support value added for Retail and Business Banking.

Develops, communicates, implements, reviews, monitors, and reports on Retail and Business Banking credit models for Adjudication, Account Management, Impaired Provisioning, Collections, Business models (as required), including but not limited to ongoing model monitoring, annual reviews / revalidation, and regulatory reporting (as required).

Respond and address Validation, Audit and/or regulatory findings and proactively adjust models to changing portfolios and economic conditions.

Integrates Risk-Adjusted Performance Measurement.

Supports ongoing business initiatives such as portfolio acquisition by providing modeling solutions for the acquired portfolios, or in the case of a portfolio sale, providing impact assessment for the remaining exposures in the portfolio.

Provides modeling requirements for new systems and systems’ conversions.

Adapts models to changing business needs and portfolios strategy.

Conducts impact assessments due to portfolio and model changes.

Plays a key role in supporting the Model…