1

Head Of Model Risk Jobs (NOW HIRING)

Partner with business lines to ensure consistent application of model risk standards and regulatory expectations. * Analyze model risk trends, identify emerging risks, and provide independent ...

New

Partner with business lines to ensure consistent application of model risk standards and regulatory expectations. * Analyze model risk trends, identify emerging risks, and provide independent ...

New

Partner with business lines to ensure consistent application of model risk standards and regulatory expectations. * Analyze model risk trends, identify emerging risks, and provide independent ...

New

Partner with business lines to ensure consistent application of model risk standards and regulatory expectations. * Analyze model risk trends, identify emerging risks, and provide independent ...

New

Partner with business lines to ensure consistent application of model risk standards and regulatory expectations. * Analyze model risk trends, identify emerging risks, and provide independent ...

New

To break barriers and think of new ways to adapt, help, and create better experiences for students ... Position Summary The Manager, Model Risk is a senior individual contributor responsible for ...

To break barriers and think of new ways to adapt, help, and create better experiences for students ... Position Summary The Manager, Model Risk is a senior individual contributor responsible for ...

To break barriers and think of new ways to adapt, help, and create better experiences for students ... Position Summary The Manager, Model Risk is a senior individual contributor responsible for ...

Model Risk Management * Collaborate with stakeholders, including model developers and business ... Lead/participate in the ongoing monitoring and maintenance of models, ensuring they remain current ...

Model Risk Management * Collaborate with stakeholders, including model developers and business ... Lead/participate in the ongoing monitoring and maintenance of models, ensuring they remain current ...

Showing results 41-60

Head Of Model Risk information

What are popular job titles related to Head Of Model Risk jobs?

For Head Of Model Risk jobs, the most frequently searched job titles are:

Enterprise Risk Management Department-Model Risk Management VP

Manhattan, NY โ€ข On-site

$110K/yr

Other

This job post hasย expired today.ย Applications are no longer accepted.


Job description

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and performing independent model validation. Specifically, regarding model validation, this role mainly drives and contributes to all kinds of model validations (e.g. credit risk, compliance risk, market risk/pricing, interest rate risk and liquidity risk types of models, etc.). This role will also get exposure to End User Computing (EUC) control framework enhancement and implementation. In general, this role is able to execute multi-tasks around model risk governance, conduct and add business values in model validation process, timely and effectively respond the requests from Regulatory and Internal Audit, and contribute in EUC control process.

ResponsibilitiesModel Validation
  • Conduct independently and drive the team to perform model validation mainly on credit risk related models by applying analytical skills for models defined in the model inventory and produce model validation reports
  • Independently coordinate the remediation of model validation findings and provide analytical guidance of the finding owners
  • Independently communicate with model developers/owner/users and senior management regarding validation findings and remediation activities
Model Risk Governance
  • Support and drive the team to implement the activities defined in model risk management framework and ensures that the Bankโ€™s model risk management framework continues to align with regulatory expectations
  • Support and drive the team to maintain model inventory and conduct annual model review/attestation processes
EUC Control
  • Contribute in EUC control framework maintenance and enhancement
  • Collaborate will relevant stakeholders to carry out the activities defined in EUC control framework
Other Duties
  • Support the other teams in ERM as needed.
Qualifications
  • Bachelorโ€™s degree required. Masterโ€™s degree in Financial Engineering, Financial Mathematics, Mathematics, Statistics or Computer Science major preferred.
  • Minimum 6 years of financial modeling/analytical experience.
  • Demonstrate strong analytical and quantitative skills to understand and validate models effectively.
  • Demonstrate strong critical thinking and problem-solving skills with the ability to exercise sound and balanced judgment.
  • Demonstrate knowledge of SR11-7, supervisory guidance on model risk management, and other relevant banking regulations from regulators including OCC and FRB.
  • FRM or CFA preferred.
Pay Range

Actual salary is commensurate with candidateโ€™s relevant years of experience, skillset, education and other qualifications.

USD $110,000.00 - USD $230,000.00 /Yr.

#J-18808-Ljbffr