Job Description
Overview
Responsible for the validation of models and periodic monitoring to ensure models remain suitable for Bank’s use.
What you will do:
- Conduct independent model validation and provide a comprehensive effective challenge of models by partnering with model owners and developers, following Bank policies, regulatory requirements, and industry best practices
- Write validation reports documenting the independent validation process including important observations, recommendations, and associated remedial actions
- Maintenance of model inventory and other model risk management tools
- Create and update frameworks, policies, and procedures documents related to Model Risk Management.
- Assist the Model Risk Manager for any risk-related or project-related activities
- Develop and maintain effective working relationships with key stakeholders, ensuring effec...