Manager, Enterprise Model Risk Management

Job Description

What is the opportunity?
As part of the Enterprise Model Risk Management (EMRM) team within Group Risk Management (GRM), the Associate Director will be primarily responsible for carrying out independent validation of models withing the Market and Counterparty Credit Risk model categories as well as the Wealth Management business. What will you do?

Engage relevant model developer/owners and users across market risk, counterparty credit risk and/or wealth management model categories as necessary to acquire and maintain a thorough understanding of the flow and context of model usage by the business.

Perform independent validation, delivering effective challenge to understand all key sources of model uncertainty and ensure that model usage adheres to RBC model risk policy.

Deliver clear, well written validation reports with sound conclusions based on assessment and testing outcomes.

Complete projects within s...