Risk Management Modeling Manager

Recruiter
Request Technology Craig Johnson
Location
Virginia Water
Salary
$120,000 - $140,000 annual
Posted
10 Aug 2017
Expires
16 Aug 2017
Prestigious Enterprise Company is currently seeking a Risk Management Modeling Manager. Candidate will manage all aspects of model policy, standards, and procedures throughout the life cycle of all models for Data, Model Theory and Framework, Estimation, Implementation, Model Use, Ongoing monitoring and Documentation. Responsibilities: Design and execute procedures to analyze and test governance over model use, model development, and model risk oversight Evaluate how effectively model controls are designed and operating and use this information to test the process, make recommendations for improvements and enhancements Review risk assessments conducted by validation teams to ensure validity, quality and consistency of reviews through detailed reviews of validation documents and findings Ensure adherence to Standards, Policy and Procedures by 1st and 2nd lines of defense Develop and foster an effective challenge environment within the validation team Create a detailed check list of validation requirements by model type Make expert recommendations to Directors and Lead Directors Work with Model Controls to ensure model risk tool is updated Working with model developers and users to manage model risks Ensure Model governance requirements are met and monitor compliance/adherence Qualifications: Bachelor's or Master's degree in Economics, Statistics, Mathematics or Finance or a directly related quantitative field Significant experience in model development or model risk management in areas such as credit risk, interest rate, mortgage and derivative valuation models Strong knowledge of Word, Excel, PowerPoint, Visio Excellent writing skills and strong interpersonal, business partnering and communication skills Preferred Skills: Strong verbal and written communication skills Strong analytical skills with attention to detail Experience working in governance groups such as audit/legal/compliance with experience in model risk management Strong familiarity/good understanding of statistical/econometric models Strong organizational skills and ability to influence peers and seniors Comfortable working as an individual contributor or in a group environment