Position Summary
As the Model Governance Risk Analyst (MGRA), your primary responsibility will be managing and reporting on the Bank's model inventory in support of the institution's maturing Model Risk Management program.
In this new position, you will cultivate positive working relationships with model owners and developers to proactively identify and mitigate risks, identify opportunities and develop solutions to enhance the Model Risk Program, and create timely and meaningful reporting.
This position provides you with an opportunity to develop in a growing financial institution and shape the Model Risk Management program.
Duties & Responsibilities
- Manage the Model Risk Management module of the Archer GRC system to ensure completeness and accuracy of the model inventory, required actions are completed timely, and system updates are completed in accordance with Bank requirements
- Understand how the models are used, who owns them, and what issues exist for the models and how they are mitigated
- Oversee the monitoring of model validation identified Issues through resolution(s), and sufficient and timely reporting to management as required
- Leverage disparate data sources to develop insightful and thought-provoking reporting for management, management oversight committees, and the Board of Directors
- Assist with the development and administration of Model Risk Management Policy, Program, and procedures as well as Model Risk training and education initiatives
- Act as a subject matter expert for model owners on FRB and FDIC guidance and keep abreast of industry best practices for Model Risk Management
- Identify opportunities and recommend solutions to improve the Model Risk Management framework
- Support special projects as necessary
Education & Experience
Knowledge of :
- Proficiency with Microsoft Office with intermediate experience in Excel and PowerPoint
- Analytical and strategic thinking with attention to detail
- Excellent written, communication, organizational, and interpersonal skills
Ability to :
Ability to work independently and in a team
Education and Training :
Bachelor's Degree in Finance, Economics, Accounting or a related field (equivalent experience may be considered)
Remote eligible in Delaware, Florida, Illinois, Indiana, Massachusetts, Missouri, and Ohio
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent.
A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability / Vets.
Visit Busey.com / Careers to learn more about Busey's Equal Opportunity Employment.
Model Governance Risk Analyst
As the Model Governance Risk Analyst (MGRA), your primary responsibility will be managing and reporting on the Bank's model inventory in support of the institution's maturing Model Risk Management program. In this new position, you will cultivate positive working relationships with model owners and ...
Model Risk Analyst
The Model Validation Quantitative Analyst will assist with enterprise-wide oversight responsibility for all aspects of model risk including model governance, model validation and model performance monitoring. This position validates and approves qualifying models used across different areas of the e...
VP, Compliance Officer
A successful Compliance Officer will support the Chief Compliance Officer (CCO) to ensure compliance with applicable consumer banking and other regulatory requirements by completing compliance risk assessments and testing and quality control reviews to determine the effectiveness of internal control...
Senior Compliance Analyst - Hybrid - Indianapolis
Establish, mandate and implement standard policies, procedures and best practices across the company to promote compliance with applicable laws and contractual obligations. Conduct state-specific legal research and monitor changes in requirements to mitigate risks and achieve compliance. Support the...
Account Risk Analyst II
As an Account Risk Analyst II you are responsible for reviewing data utilizing a broad range of technical skill sets combined with AML/KYC/Investigative knowledge in order to proactively monitor new and existing account relationships to prevent or minimize financial and reputational risk to the Bank...
Business System Analyst
Business Analyst or Systems Analyst, with a strong focus on workflow analysis and business process improvement. We are seeking a Commercial Supply Systems Analyst to support our client’s business analysis needs as they plan to transition from Smartsheets to Monday. Commercial Supply Systems Analyst....
Salesforce Business Analyst
Business process development and experience design; ability to develop L1 L5 process flows to enable process improvements. ...
Tax Specialist (tax Compliance Officer (tco) Reviewer) - Temp Nte 1yr, Mbe, Mbmp
Reviews identified issues to be pursued based on large, unusual or questionable items that produce a significant tax or compliance effect and utilizes the tax law and facts needed to resolve them. ...
Project Manager (civil Engineering) | Land Development
The Land Development Project Manager supports the creation of the site development budget and required internal reporting and documentation for all land development projects. Our team is looking for a qualified, self-motivated Project Manager experienced in Land Development. Perform and supervise en...
Operations Data Analyst (indy-hybrid)
The Operations Data Analyst plays a key role in supporting data integrity, data governance, and the utilization of data to grow and optimize the business via data entry, reporting, modeling, and analytics. This position will work with Operations Data Data Analyst, Operations, Analyst, Operation, Dat...