Are you ready to make a significant impact in model risk management? At the Model Risk and Governance Group (MRGR), we ensure models are used effectively and responsibly. Join us to drive process enhancements and governance activities across lines of business, contributing to our mission of operational excellence.

As a Model Risk Management - Policy Practice and Governance - Associate in the Model Risk and Governance Group team, you will play a crucial role in cross-Line of Business governance activities and process enhancements. You will collaborate with Risk, Finance, and LOB professionals to maintain and improve our model risk management processes. Your work will directly contribute to the consistency and effectiveness of our governance practices.

Job responsibilities

Manage multiple governance projects and tasks simultaneously, adapting as needed. Communicate and manage project expectations with stakeholders clearly and concisely. Participate actively and creatively in process re-engineering initiatives for operational excellence. Update MRGR governing policy and procedure documents as required. Respond to audit and regulatory exam requests.

Required qualifications, capabilities, and skills

Experience in model risk or model development in a highly regulated environment. Knowledge of financial modeling or financial products. Proven ability to influence decisions in a multi-stakeholder context. Excellent analytical and problem-solving skills. Strong organizational and project management skills. Degree in Economics, Finance, Sciences, Engineering, or Computer Science.

Preferred qualifications, capabilities, and skills

Open to candidates with a quantitative background and professionals from audit, business management, consulting, risk, and governance.