Senior Manager

ob Brief – Model Risk Governance Specialists

Project Context

As part of a key strategic initiative, the Bank has rolled out its Model Risk Management Framework and is now establishing supporting sub-frameworks. We are looking to onboard experienced professionals to support this effort in the following roles:

• Model Risk Governance Specialists (2 Positions)
  
  

• Develop end-to-end standards for model lifecycle processes: development, validation, deployment, and monitoring.
• Define governance principles, documentation templates, control checklists, and review protocols aligned with regulatory expectations.
• Support stakeholder workshops to gather inputs and iterate framework design.
• Draft performance monitoring frameworks with defined metrics (e.g., stability index, accuracy, overrides, drift).
• Ensure alignment with the Bank’s Model Risk Management (MRM) framework and any applicable regulatory guidance (e.g., Basel, IFRS9, SR 11-7, SS1/23).
• Support handover and operationalization including training, documentation, and stakeholder alignment.
  
  

• Strong understanding of model lifecycle governance in a banking or regulatory environment.
• Prior experience in credit risk, market risk, or regulatory modeling (IRB, IFRS9, scorecards, etc.).
• Familiar with industry standards on model validation and monitoring practices.
• Excellent documentation and stakeholder management skills.
• Experience working with Model Risk Governance or Independent Validation Units preferred.