Job Description

Summary

If you are looking for a job that combines a passion for innovation, an opportunity for growth, and a culture of teamwork, then you've come to the right place.  We have an exciting opportunity awaiting someone like you! 

About the Role

You will serve as a primary Model Risk Governance contact. This role is critical in mitigating model risk by monitoring model inventory and ensuring model risk governance adherence. You will do this by creating partnerships with line of business owners, model developers, model owners, model vendors, and model users fostering relationships across the organization.

What You Can Expect

In this role, you will support the strategic objectives of the Model Risk Management Department (“MRM”) and provide support to the Manager of MRM in the areas of MRM Policies and Standards. You will promote model risk management practices that balance rewards with existing and emerging risks. You will provide communication, guidance, and training of Model Risk policy throughout the Bank.

Team Culture

We are a collaborative, conscientious, and goal-oriented team.  We value initiative, and we care about the quality of our work. Managers across the line of business are readily available and accessible for any needs you may have.  You are responsible for driving the process, and our leaders are there to support you. Mentorship within the team is a common practice that will provide opportunities for growth.

How You'll Spend Your Time

You will Administer Model Risk Management database/tables and inventory.
You will research relevant industry, financial services, and regulatory issues to build upon knowledge base, identifying trends, and shares insights with the team.
You will assist with the development and administration of Model Risk Management training and education initiatives.
You will provide recommendations to the Manager, Model Risk Management, aspects warranting critical risk control improvements.

We'd Like to Talk to You

ANALYTICAL THINKING: You approach a problem logically, systematically, and sequentially.

COLLABORATION: Enjoy working in teams and across departments with proficiency in follow-up and follow-through.

COMMUNICATION: You must enjoy building relationships inside the bank. You will talk with and interact with a large number of people inside the bank.

DETAIL ORIENTED: You will follow our established standards and have good judgment so you can escalate situations when appropriate. A passion for doing the job right the first time brings us joy. Accuracy, follow up and follow-through is vital for this role. 

ORGANIZATION: You will need to be efficient to handle multiple requests, and prioritize your work.

PROBLEM SOLVER: Because every day is different, you must be a problem solver and self-starter. There are so many pieces of the puzzle to keep track of. The complexity of problems to solve will increase as your experience does. 

TEAM BUILDER: Your ability to listen, collaborate, respond, coach, and provide constructive feedback will set your team up for success.

Education & Experience Requirements

The required level of knowledge is normally acquired through a Bachelor’s degree in Finance, Business, Engineering or Mathematics 

General knowledge of financial theory, statistics, principals of corporate finance and their applicability to financial institutions 
General knowledge of model risk management
Excellent decision making, problem solving and organizational skills
Excellent oral and written communication skills
Strong leadership and team building skills
Extensive PC and software skills:  working knowledge of Microsoft Office applications required; familiarity with and ability to apply basic database coding using SQL and/or VBA required; willingness to further refine, knowledge of database software, statistical packages and programming languages such as R, or Python desired