MODEL RISK MANAGER

at  Qualogy

Waarom Werken bij Qualogy?
Aantrekkelijk bonussysteem
Opleidingsbudget van €1500 - €2500 bij dienstverband
Inspirerende interim IT-opdrachten
10075
for our client in Amsterdam, we are looking for a Model Risk Manager

PROJECT DESCRIPTION:

• Lead the rollout of our clients MoRM Framework on the model domain of focus and under your oversight, with the opportunity to learn about other portfolios as a way to grow knowledge and experience on portfolio management.
• As a model risk manager, challenge model stakeholders about the sources of model risk and how to mitigate and manage them, including facilitating and challenging the model risk assessment of the models.
• Establish a relationship with model stakeholders and challenge and advise them throughout the model life cycle, overseeing on the execution of controls
• Conduct model risk monitoring and report to the senior management in case of gaps
• Bring expert knowledge on your portfolio of models mainly by providing a model portfolio perspective, to support model strategy discussions and representing the department in the relevant model committees
• Support model risk community in terms of MoRM Framework cascading, model inventory maintenance and/or adherence to relevant MoRM policies and procedures.
• Follow current and new regulatory requirements and best practices in model risk management
• Contribute to the organization’s efforts in responding and reporting to regulatory bodies

Required knowledge and skills:

• Have an academic degree (MSc) in Finance, Econometrics, Mathematics, Physics, Economics or another quantitative/numerical field.
• Have a strong analytical and problem-solving skills.
• Have strong stakeholder management skills, including experience managing communication and influencing senior stakeholders. Good listener and interviewer, receptive to the feedback from the stakeholders.
• Are persuasive and able to explain policy requirements and their applications in a simple language to senior stakeholders.
• At least 3-8 years of experience working in the financial industry in model related topics, either on a specific model domain within financial and non-financial risk management or, experience in general model risk management topics. Good understanding of the regulatory requirements of the bank, EBA guidelines, and MoRM framework principles and regulations (SR 11-7, PRA, etc.) is a plus.
• Excellent English verbal and writing skills

Please refer the Job description for details