Model Risk Gov Associate Director

Master’s degree in quantitative finance, mathematics, economics, financial engineering, or other quantitative fields.
Minimum of 8 years of related experience, ideally in financial risk model validation, quantitative risk analytics.

Perform quality control review of validation and annual review reports to ensure compliance with requirements.
Perform hands-on model assessments and reviews.
Conduct model assessment review, prepare high quality report, and summary and present finding(s) to the Model Risk Governance Council (“MRGC”).
Follow-up with Model Owners to resolve assessment findings.
Help develop and implement programs, processes, and frameworks to provide independent assessment to mitigate risk related to the company’s Non-material model management practices.
Contribute to efforts in support of scope and priorities for key documentation, communication, training, and business requirements in support of the Model Risk Management framework.
Advise on governance, risks, and controls related to Generative AI policies, standards, and procedures.
Maintain key documents related to the Non-material model management framework.
Maintain, perform, and analyze monthly and quarterly risk reports to support Senior Risk Councils.
Work with auditors and regulators as needed and provide requested materials expeditiously.
Complete special projects to be determined by the OM&A Director and MRM’s Senior Leadership Team.
Maintain procedures, standards, and job aids owned by OM&A.

Familiar with banking, financial institutions, financial instruments, and market principles.
Broad knowledge of Artificial Intelligence and Machine Learning (AI/ML) models, particularly the evolving field of Large Language Models (LLM) and Generative AI (Gen AI) models.
Technical experience with Excel (VBA), Excel Power Tools, SQL, R, or Python.
Ability to communicate and present quantitative concepts to financial professionals.