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Model risk program lead

Hervey Bay
JCW
Model
Posted: 31 July
Offer description

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


Base pay range

$200,000.00/yr - $230,000.00/yr

Direct message the job poster from JCW Group

JCW is currently partnering on behalf of a growing regional bank that's looking to hire a Program Lead for their Model Risk team. Sitting within the ERM/ORM team, this role will be focused on maintaining the enterprise-wide Model Risk Management (MRM) framework This position will be on-site full-time in Charlotte and have coverage for BSA/AML, AI/ML, fraud and credit models.

Responsibilities:

* Updates the company's model risk management strategies and framework, including risk appetite, policies, responsibilities, and operating procedures
* Ensures that the model risk management policies and strategies comply with applicable regulations and the strategic imperatives of the enterprise risk management function
* Partners with the lines of business and support groups to maintain a complete inventory of model and non-model tool risks and controls
* Performs annual reviews of all models & independent validations of certain models

Requirements:

* Knowledge of Model Governance Regulations and Fed requirements (SR11-7).
* Experience building and/or validating quantitative models for use in the financial services industry including credit/CECL, CCAR, fraud, BSA/AML and AI models.
* Experience working in a bank larger than $100b AUM


Seniority level

* Seniority level

Director


Employment type

* Employment type

Full-time


Job function

* Job function

Finance
* Industries

Banking

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