Model Risk VP

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This range is provided by Social Capital Resources. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

Top-Tier Bank in Midtown, Manhattan is seeking a Model Risk VP for a permanent position!

Responsibilities:

• Maintain effective and efficient model risk management policy and procedures, as well as conducts the independent model validation.
• Responsible for demonstrating risk awareness by following all policies, procedures, and internal control in the daily routine.
• Responsible for maintaining the Model Risk Management framework, including supporting the Model Risk Management Policy and Procedure, the Model Inventory and the repository of model-related documentations.
• Act as a risk manager with the responsibility for identifying, acting on, and escalating risks and is held strictly accountable for the failure to discharge their risk management duties.

Qualifications:

• 5+ years experience with risk modeling and model validation
• Prior experience working at a bank is necessary
• Computer proficiency in Microsoft Office and programming languages like SQL/SAS/Python/R
• Demonstrated knowledge of model risk management and associated regulatory requirements (FRB SR11-7)

• Seniority level
  
  Mid-Senior level

• Employment type
  
  Full-time

• Job function Finance
• Industries Banking

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Medical insurance

Vision insurance

401(k)

Paid maternity leave

Disability insurance

Paid paternity leave

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