Model Risk Framework and Reporting Lead
Area
Would you like to play a central role in safeguarding the models that contribute to the core operations and progress of our bank? Are you ready to contribute to model risk management frameworks and reporting standards? Join us in an engaging role where your expertise will shape the future of our risk management strategies.
In the evolving landscape of banking, our Model Risk Management (MRM) team is crucial in ensuring the models driving our bank are robust and secure. As an essential part of this team, the Model Risk Framework and Reporting Lead enhances the precision, connectivity, and clarity of our model risk approach and reporting. This role involves fostering collaboration with a diverse range of stakeholders to uphold and elevate our risk management standards.
You will join a focused and effective team consisting of 2-3 dedicated professionals, working closely with frameworks and governance teams across the Group. Together, you will oversee projects that enhance our model risk management practices, contributing significantly to the department’s goals and ensuring seamless communication and efficiency in our operations.
Depending on your experience and knowledge, we may offer you a different seniority for the role.
Mission
- Work with the head of Model Risk Management and senior bank management on strategic project to set standards and promote sound model risk practices
- Manage daily operations of the Model Risk Frameworks and Reporting team, ensuring collaboration with other frameworks and governance teams
- Maintain and update comprehensive model inventories and assess model risks, including managing our inventory system and processes
- Lead the reporting and trigger monitoring/escalation processes, providing timely insights to Executive Leadership Teams (ELT) and business areas
- Drive regulatory review and framework updates based on emerging regulations, educating relevant teams on changes
Skills
- Experience in leadership or product owner role with a strategic mindset and strong ability to communicate clearly
- At least five years of experience in risk management, particularly in model risk governance within a banking setting
- Expertise in model risk management and a strong understanding of regulatory requirements and standards
- The ability to implement improvement initiatives within the model risk frameworks and reporting scope
- A quantitative background is beneficial, as is familiarity with banking processes and calculation methods
- Advanced English language skills
We offer:
We will ensure that exact salary offered for you will be based on your qualifications, competencies, professional experience and requirements for the corresponding job function (salary range from 4560 EUR to 6840 EUR gross EUR/monthly).
Your title in job contract will be Specialist – Risk, Chief.
