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Director Model Risk Governance Jobs in Georgia (NOW HIRING)

The Model Validation Director is expected to lead and execute model validation testing processes on systems which support Financial Crime programs, including transaction monitoring, customer risk ...

... System Governance - Develops and implements policy and procedures for the effective management of the risk information system; acts as liaison with the risk management information system vendor ...

Identify data issues and work with technology, risk and business partners to triage, track ... Capability Maturity Model), including implementation of recommended improvements * Experience with ...

COMPLIANCE & RISK MANAGEMENT: Helps develop and implements data governance, risk and compliance ... Hands on experience building dashboards or semantic models in PowerBI * Hands on experience with ...

COMPLIANCE & RISK MANAGEMENT: Helps develop and implements data governance, risk and compliance ... Hands on experience building dashboards or semantic models in PowerBI * Hands on experience with ...

... Oversight Director is responsible for the design, development, implementation, and ongoing ... governance of operational risk. This individual will lead and manage a team enhancing and ...

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Director Model Risk Governance information

What are the key skills and qualifications needed to thrive as a Director of Model Risk Governance, and why are they important?

To thrive as a Director of Model Risk Governance, you need deep expertise in quantitative finance, risk management, and model validation, often backed by an advanced degree in a quantitative field and relevant industry experience. Familiarity with risk management frameworks, regulatory standards (e.g., SR 11-7), and proficiency in analytical tools like Python, R, or SAS are typically required. Exceptional leadership, communication, and critical thinking skills help you effectively oversee teams and coordinate with stakeholders across the organization. These competencies are vital to ensure robust model governance, regulatory compliance, and informed risk-based decision-making at the enterprise level.

What are some common challenges faced by a Director of Model Risk Governance, and how can they be addressed?

A Director of Model Risk Governance often encounters challenges such as ensuring consistent model validation across diverse business units, keeping up with evolving regulatory requirements, and fostering effective communication between model owners, validators, and senior management. Addressing these challenges typically involves establishing robust model risk frameworks, maintaining clear documentation, and promoting a culture of transparency and collaboration. Regular training sessions and open forums can help bridge knowledge gaps, while leveraging technology can streamline model inventory and validation processes.

What are Director Model Risk Governance roles?

Director Model Risk Governance roles are senior positions responsible for overseeing and managing the risks associated with financial and predictive models within an organization. These professionals establish and implement model risk management frameworks, ensure compliance with regulatory requirements, and oversee model validation processes. They collaborate with model developers, validators, and business units to identify, assess, and mitigate model risks, as well as report on governance effectiveness to senior management. Their work is crucial in maintaining the reliability and integrity of models used for decision-making and regulatory reporting.

What is the difference between Director Model Risk Governance vs Model Risk Analyst?

AspectDirector Model Risk GovernanceModel Risk Analyst
CredentialsAdvanced degrees (e.g., Master’s, PhD), professional certifications (e.g., FRM, CFA)Bachelor’s or Master’s degree, relevant certifications
Work EnvironmentStrategic oversight, policy development, senior stakeholder engagementData analysis, model validation, risk assessment
Employer & Industry UsageFinancial institutions, banks, asset managersFinancial institutions, risk management teams
Search & Comparison IntentUnderstanding leadership roles in model risk governanceEntry to mid-level model risk roles, analysis tasks

The main difference is that the Director Model Risk Governance focuses on strategic oversight, policy setting, and managing model risk at a senior level, while the Model Risk Analyst handles technical validation, data analysis, and risk assessment tasks. The director role involves leadership and decision-making, whereas the analyst role is more technical and operational.

What are the most commonly searched types of Model Risk Governance jobs in Georgia? The most popular types of Model Risk Governance jobs in Georgia are:
What are popular job titles related to Director Model Risk Governance jobs in Georgia? For Director Model Risk Governance jobs in Georgia, the most frequently searched job titles are:
What job categories do people searching Director Model Risk Governance jobs in Georgia look for? The top searched job categories for Director Model Risk Governance jobs in Georgia are:
What cities in Georgia are hiring for Director Model Risk Governance jobs? Cities in Georgia with the most Director Model Risk Governance job openings:
Head of Quantitative Financial Crimes

Head of Quantitative Financial Crimes

Truist

Atlanta, GA

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago


Truist rating

8.3

Company rating: 8.3 out of 10

Based on 109 frontline employees who took The Breakroom Quiz

33rd of 141 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:The Senior Quantitative Model Development Officer II manages model development activities specific to a Line of Business, Function or Risk discipline. Core responsibilities specific to the model development life cycle include planning, data appropriateness, model estimation, model evaluation/interpretation and ensuring models are fit for intended use. Assistance responsibilities, which vary from model to model, include business process integration, model deployment and on-going model evaluation.
The Head of Quantitative Financial Crimes leads the design, development, and governance of advanced analytic and modeling capabilities to detect, prevent, and report financial crimes (including AML, fraud, sanctions, and cyber-enabled risks) across the enterprise. This role is responsible for building and overseeing a portfolio of statistical, machine learning, and network-based models; ensuring alignment with regulatory expectations (e.g., model risk management, explainability, and effective challenge); and integrating data, technology, and investigative workflows to enhance detection effectiveness while minimizing false positives and operational burden. The leader partners closely with Financial Crimes, Fraud, Compliance, and Technology units to deliver scalable solutions, drive continuous model performance monitoring and tuning, and embed quantitative rigor into financial crimes strategy. Additionally, the role establishes talent standards, development frameworks, and best practices for their quantitative team, ensures defensible documentation and audit readiness, and provides executive-level reporting on model performance, emerging risks, and program effectiveness.
About the Quantitative Office
The Quantitative Office (QO) is Truist's central and lead model development function, serving as a critical enterprise capability that underpins risk management, financial performance and strategic decision-making across the bank.
QO drives enterprise-wide impact by integrating and scaling advanced quantitative modeling disciplines within a unified strategic framework. Through specialized teams spanning Credit Loss, Quantitative Finance, Wholesale Risk Rating, Retail Underwriting and Compliance, and Financial Crimes - supported by horizontal delivery, governance, and quantitative asset management functions - QO develops and manages the majority of the bank's most important models.
As Truist's centralized model development authority, QO establishes consistent standards, strengthens technical rigor, and accelerates innovation. QO serves as a strategic engine that reduces risk, enhances model reliability, and optimizes performance across all business units.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Manage model development/estimation activities across the model life cycle, including planning, data acquisition, estimation, evaluation, documentation, approval, model/business process integration and implementation

2. Build / lead a team of highly skilled quantitative model developers to develop risk models using advance modeling approaches and set the standard for excellent performance

3. Provide leadership / mentorship to other quantitative model development managers across various products, modeling disciplines and complexities.

4. Establish, maintain and administer model development infrastructure, process and procedures

5. Assist various parties (e.g., lines of business leads) with identifying/assessing viable model development opportunities

6. Assist with model compliance activities as it relates to Model Risk Management/SR 26-2 policy/standards

7. Assist client (model owner) with integrating model into the business process and model deployment activities, including production scoring support and sustainability, as appropriate

8. Provide on-going model support specific to evaluation/surveillance and interpretation of model performance

9. Provide consultation and represent client (model owner) during 3rd party assurance provider (e.g., Model Risk Management, Corp Audit, regulatory bodies) reviews and Q&A activities

QUALIFICATIONS

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree in Statistics, Econometrics, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training.

2. 10+ years of relevant experience, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models

Preferred Qualifications:

1. Master's degree or higher in Statistics, Econometrics, Mathematics, or other applied quantitative science, or equivalent education and related training.

2. 3-5+ years of relevant experience supervising or acting as a team lead over teammates with quantitative educational and/or work backgrounds.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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About Truist

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Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019