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
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