Manager, Enterprise Model Risk Management

Associate Director, Model Risk Management (Enterprise Model Risk Management)

Overview

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 within the Market and Counterparty Credit Risk model categories as well as the Wealth Management business.

Responsibilities

• 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 the company model risk policy.
• Deliver clear, well‑written validation reports with sound conclusions based o...