Model Risk Governance Manager UK

  • Anywhere
  • Posted 4 days ago

To apply for this job please visit jobs.natwestgroup.com.

About the Role:

We are seeking a skilled Model Risk Governance Manager to oversee and improve the risk management processes for our modeling activities. This crucial role plays a key part in ensuring the accuracy and reliability of our models.

Key Responsibilities:

  • Develop and implement model risk governance policies and procedures.
  • Conduct thorough reviews of model methodologies and assumptions to identify and mitigate potential risks.
  • Monitor model performance and identify any deviations from expectations.
  • Prepare and deliver regular reports on model risk to management.
  • Collaborate with stakeholders across the organization to ensure consistent application of model risk management guidelines.
  • Keep abreast of evolving regulatory requirements and industry best practices.

Skills and Expertise:

  • Strong understanding of model risk management principles and methodologies.
  • Experience in financial modeling, risk assessment, and regulatory compliance.
  • Advanced analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Proficiency in relevant software and tools.
  • Excellent documentation and reporting skills.