Job Description
Albany Beck is a leading consulting firm specialising in financial services, delivering innovative solutions to top-tier investment banks and financial institutions. Our Risk & Compliance practice is growing, and we are seeking a Model Risk Manager to work as a consultant, supporting a major investment bank in ensuring compliance with model governance policies throughout the model lifecycle.
This is an exciting opportunity for a risk professional to work on high-impact projects, supporting governance activities and ensuring regulatory compliance in a fast-paced banking environment.
Key Responsibilities
Model Governance & Compliance
* Support model owners across the bank to ensure compliance with internal model risk management policies and regulatory requirements (e.g., SR 11-7, Basel III, IFRS 9).
* Oversee the full model lifecycle, from development and validation to implementation, monitoring, and retirement.
* Maintain comprehensive model documentation, ensuring transparency and audit readiness.
Risk Assessment & Monitoring
1. Assist with independent model risk reviews, identifying potential weaknesses in model design, assumptions, and data quality.
2. Monitor model performance, track key risk indicators, and recommend remediation actions where needed.
3. Identify model...