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Senior Model Risk Manager

Salary £65k
Type Permanent
Location London
Sector Credit & Risk Management
Job Reference T55/TXH/27094
Contact Tim Holbrough
Date posted 29-09-2017

International Bank seeking a Senior Model Risk Manager to join their London office.
Key responsibilities
• Setting the framework, policy and procedures for Model Risk and controlling their implementation across the Bank
• Working with Line 1 to identify both existing and emerging top model risks and to review them at Model Risk Control Framework (MRCF) to agree action plans and determine the need to escalate to Executive Risk Control Committee
• Maintaining a comprehensive and up-to-date model inventory consolidated across the Banks’s UK operations with regular reconciliations to the Group inventory
• Controlling model approvals and ensuring that these are reported to MRCF as well as identifying model approvals that should be re-presented at MRCF to ratify the approval
• Managing breaches, dispensations and waivers against Model Risk Policy

Minimum skills and experience required
• Proven stakeholder management skills with the ability to influence key stakeholders
• Excellent project management skills
• Proven knowledge of the policy and procedures for Model Risk
• Excellent communication skills both written and verbal
• Excellent MS Office skills including Excel

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Contact Tim about this job

AVP, Consultant