Join us as a Model Risk Officer
* In this key role, youll undertake quantitative validation of credit models and ensure that models are managed within the requirements of the banks model risk policy and risk appetite
* Youll ensure model limitations are identified, communicated to stakeholders and effectively mitigated
* Well look to you to help develop, maintain and implement proportionate mandatory procedures for model validation activity
* Youll gain great exposure for you and your work, with the opportunity to develop key relationships with colleagues across the business
What you'll do
As a Model Risk Officer your main role will be the validation and review of models used within the group and help ensure the banks models are managed within policy and appetite. Youll support the delivery of bank wide policy and mandatory procedures for the governance and control of model risk.
Additionally, youll be supporting the model risk control environment and governance process through effective tracking and proactive escalation of issues, and compliance with the operational risk framework.
Youll also be:
1. Working with the team to design and roll-out a bank-wide risk appetite approved by the banks executive and cascaded to businesses, functions and legal entities
2. Assisting all areas in having appropriate governance and minimum standards in place to enable each area to report and mana...