What are the responsibilities and job description for the Director of Model Risk Management and Oversight position at Jobleads-US?
Responsibilities
The responsibilities of this role include:
- Leading the administration of the Model Risk Management committee
- Executing model governance, including issue management and risk assessments
- Maintaining model inventories and tracking non-model tool inventory
- Performing model validation/testing of models and tools
- Authoring the Key Risk Metrics report for Model Risk Management and executing related controls
- Driving the MRM program-related issue management process
You will also coordinate with FLCUs, aggregate and input model risk issues into Logic Manager, keep track of remediation progress, and validate before closure.
