Model Governance, Senior Specialist

Core Responsibilities

1. Manages and leads the development of model governance policies, controls, and validation processes. Leverages deep statistical and coding knowledge to conduct analyses to determine risk, defective models, or model misuse.

2. Oversees the review, independent testing, and validation of all internal risk models prior to implementation, and throughout the lifecycle. Reviews models and code in partnership with Data Scientists.

3. Ensures appropriate internal controls, review, maintenance, and reporting is applied to data and statistical models used across the enterprise.

4. Oversees the analysis and reporting on data sets for a particular area to evaluate, recommend and support the implementation of business strategies and operational processes.

5. Continually develops understanding of industry trends in model governance, and how statistical models are developed and integrated into business processes and provides updates to the team to build business acumen. Champions change management efforts and advocates to ensure implementation of model governance practices.

6. Engages with internal stakeholders to understand and probe business processes in order to develop hypotheses. Brings structure to requests and translates requirements into an analytic approach. Makes recommendations to key business partners or senior management as needed.

7. Participates in special projects and performs other duties as assigned.

• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
• Minimum of eight years related work experience, with at least four years of model governance experience.

Vanguard is offering visa sponsorship for this position.

At Vanguard, we don't just have a mission—we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.