REQUIREMENTS

Master’s degree (or professional qualification equivalent) in finance, risk management, economics, statistics, or a related field.
Demonstrates experience or knowledge of model risk management within a banking institution.
Extensive non-financial risk, governance and regulatory compliance experience within a banking institution.
Excellent understanding of the three lines of defence model.
Strong stakeholder management skills, with a track record of influencing senior executives and risk committees.
Experience managing change via roles such as Project Manager or Business Analyst.
Direct experience managing regulatory interactions.
Strong knowledge of regulatory expectations from FRB, OCC, PRA, ECB and other global regulatory bodies.
Advanced data analytics and reporting skills, with proficiency in Excel, PowerPoint, and data visualization tools (Tableau, Power BI).
Exceptional written and verbal communication skills, with experience presenting to senior leadership and regulators.
Proven ability to lead governance enhancements and drive process improvements in a complex regulatory environment.
Strong general knowledge of bank processes and systems.
Able to achieve objectives within tight time constraints while balancing multiple competing priorities.
Excellent stakeholder management, communication and influencing skills, including written skills, with the ability to interact effectively across regions and manage relationships with stakeholders at all levels of seniority.
Able to clearly communicate expectations across impacted groups (e.g., 1LoD/2LoD) and work collaboratively with people at all levels of the organization and geographic locations.
Proactive when it comes to addressing changing business needs and demonstrating problem solving skills.
Market Abuse Surveillance knowledge or trading background would be beneficial.
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

JOB PURPOSE

Model Risk Governance and Oversight, Market Abuse Surveillance – VP reports to the Global Head of Model Review, Challenge and Oversight. The individual will work across topics relevant to Surveillance and model risk. The role holder will work on a range of topics related to model risk in Surveillance and in time will specialise in specific areas. They will coordinate model risk-related processes across Group surveillance activities, providing support and guidance to ensure global alignment and implementation of best practice across the organisation. The role holder is responsible for ensuring governance requirements are implemented according to the policy and procedural requirements, facilitating model risk-related committees and decision-marking, and delivering initiatives relevant to model risk-related governance.
They will work closely with the RISK IRC (Model Risk) function, Model Risk Management teams, Surveillance model owners, information technology and independent validation teams to ensure compliance, effective governance best practices, regulatory adherence, and transparent risk reporting.
In discharging these responsibilities, the role holder is expected to provide advice to, obtain input from and provide appropriate information back to, operational surveillance teams across the Group.