Model Risk Governance Manager

Natwest, Manchester

Model Risk Governance Manager

Salary Not Specified

Natwest, Manchester

  • Full time
  • Permanent

Posted today, 9 Jan | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 22822_R-00246577-OTHLOC-GBR-5FMAN096

Full Job Description

Join us as a Model Risk Governance Manager

  • This is an exciting opportunity to play a key part within our Risk function to build and improve model risk management across our bank
  • We’ll provide a great platform for you to learn and develop as part of the Model Risk Governance team
  • You’ll focus on designing a best in class model risk management framework, supporting business ownership of their model portfolio across the model lifecycle and producing model risk reporting and insights for relevant stakeholders

What you'll do

As a Model Risk Governance Manager, you’ll provide key input to the management and continuous improvement of model risk governance across the bank. You’ll also provide key input to the creation and maintenance of policy, standards and procedures for model risk management that are aligned to internal and external regulatory requirements.

Your role will also involve:

  • Delivering effective communication of policy requirements and compliance levels across the bank
  • Supporting the implementation of policy changes that meet the needs of internal stakeholders and aligning them to the enterprise-wide risk management framework and regulatory requirements
  • Ensuring the design and functionality of the model inventory system meets internal and external expectations
  • Producing timely and accurate model risk reporting that supports effective decision making
  • Developing and delivering educational materials and training on model risk management

The skills you'll need

To succeed in this role, you’ll need experience in developing, maintaining, and administering policies and procedures for risk system management or risk reporting delivery. Experience in model development or validation would be beneficial.

You’ll also need:

  • Experience in risk management and exposure in model risk
  • The ability to effectively manage multiple priorities in a fast-paced and time-sensitive environment
  • To be a good communicator, with the ability to present complex issues in a user-friendly, clear, and concise format to all levels of audience
  • Good attention to detail, thoroughness, and follow-through
  • The ability to prioritise, anticipate needs and adapt to changing priorities

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