Enterprise Risk Management Department-Model Risk Management AVP

AVP Model Risk Management

The job is an AVP role in Model Risk Management team, which requires understanding of model risk management framework and regulatory requirements. The role supports the team to implement and enhance the model risk management framework including carrying out model risk governance activities and performing independent model validation. This role will also get exposure to End User Computing (EUC) control framework implementation. This role executes certain tasks around model risk governance, conduct, add business values in model validation process, and contribute in EUC control process as well.

Model Validation

• Drive and support the improvement on model risk management policy, procedure, and standards
• Implement the activities defined in model risk management framework and ensures that the Bank's model risk management framework continues to align with regulatory expectations and proactively enhance the internal BAU process
• Maintain model inventory and conduct annual model review / attestation processes
• Facilitate the bank wide model risk related activities e.g. risk assessment in new product launching, model risk aggregation / assessment and model risk management trainings to internal stakeholders

EUC Control

Model Validation

Qualifications

Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $65,000.00 - USD $150,000.00 / Yr.