Athene
Director Model Risk Management
Athene - West Des Moines, Iowa, United States, 50265
Work at Athene
Overview
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Overview
We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.
Purpose:
The Director of Athene Model Risk is responsible for supporting oversight of model risk at Athene, reporting to the AGM Head of Model Risk. They will support the model risk management working group at Athene, support reporting on model risk to the operational risk committee, management risk committee and board risk committee. They will monitor compliance with the ATH model risk management policy and work with the business to achieve and maintain compliance. Where independent model validation is required, they will either execute validations or oversee validation efforts by other independent parties. The scope of models will be investment, deal, pricing, financial planning, derivative and other models used throughout the organization. They will analyze and critique models, understanding their application and interconnectedness, conducting necessary testing, and reporting on the findings and providing potential solutions to any issues.
Accountabilities:
Oversight over the Athene model risk management policy, ensuring compliance and support reporting to management of the state of model risk within Athene
Support of Model Risk Management working group
Keeping up to date with model risk management regulatory requirements and ensuring Athene maintains compliance
Establish key relationships with the business to foster model risk awareness and culture
Actuarial, Finance, Risk, Tax, Treasury, Derivatives, Finance, Internal and External Auditors
Continued canvassing of the business for new models or significant model changes
Active management of model inventory within the model risk management system
Executing independent validations
Planning and overseeing independent validations from internal or external subject matter experts
Be an effective challenger to first line model owners and developers
Support reporting of model risk to internal and/or external stakeholders
Qualifications and Experience:
Strong familiarity with insurance and financial models
Bachelor’s or higher degree in Actuarial Science, Quantitative Finance, Risk Management, Finance, Economics, Statistics, Mathematics, Physics, Computer Science, Financial Engineering required
CFA, PRM, FRM or FSA desired
Seven or more (7+) years of financial institution experience in a quantitative, Risk Management or actuarial role with asset or liability model development or validation experience required
Experience validating complex models and knowledge of complex investments and financial markets preferred
Strong organizational, communication and leadership skills and the ability to develop working relationships are required
Experience with US Statutory and US GAAP Accounting and Reporting would be beneficial
Strong technical, analytical, organizational, computer and team skills required
Proven leadership experience and the ability to prioritize workload to meet deadlines
Strong communication skills and the ability to establish and maintain strong relationships within the company
Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene (https://www.athene.com/about/usa-careers) .
Athene is a Military Friendly Employer! Learn more about how we support our Veterans (https://www.athene.com/our-veterans) .
Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law..
Purpose:
The Director of Athene Model Risk is responsible for supporting oversight of model risk at Athene, reporting to the AGM Head of Model Risk. They will support the model risk management working group at Athene, support reporting on model risk to the operational risk committee, management risk committee and board risk committee. They will monitor compliance with the ATH model risk management policy and work with the business to achieve and maintain compliance. Where independent model validation is required, they will either execute validations or oversee validation efforts by other independent parties. The scope of models will be investment, deal, pricing, financial planning, derivative and other models used throughout the organization. They will analyze and critique models, understanding their application and interconnectedness, conducting necessary testing, and reporting on the findings and providing potential solutions to any issues.
Accountabilities:
Oversight over the Athene model risk management policy, ensuring compliance and support reporting to management of the state of model risk within Athene
Support of Model Risk Management working group
Keeping up to date with model risk management regulatory requirements and ensuring Athene maintains compliance
Establish key relationships with the business to foster model risk awareness and culture
Actuarial, Finance, Risk, Tax, Treasury, Derivatives, Finance, Internal and External Auditors
Continued canvassing of the business for new models or significant model changes
Active management of model inventory within the model risk management system
Executing independent validations
Planning and overseeing independent validations from internal or external subject matter experts
Be an effective challenger to first line model owners and developers
Support reporting of model risk to internal and/or external stakeholders
Qualifications and Experience:
Strong familiarity with insurance and financial models
Bachelor’s or higher degree in Actuarial Science, Quantitative Finance, Risk Management, Finance, Economics, Statistics, Mathematics, Physics, Computer Science, Financial Engineering required
CFA, PRM, FRM or FSA desired
Seven or more (7+) years of financial institution experience in a quantitative, Risk Management or actuarial role with asset or liability model development or validation experience required
Experience validating complex models and knowledge of complex investments and financial markets preferred
Strong organizational, communication and leadership skills and the ability to develop working relationships are required
Experience with US Statutory and US GAAP Accounting and Reporting would be beneficial
Strong technical, analytical, organizational, computer and team skills required
Proven leadership experience and the ability to prioritize workload to meet deadlines
Strong communication skills and the ability to establish and maintain strong relationships within the company
Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene (https://www.athene.com/about/usa-careers) .
Athene is a Military Friendly Employer! Learn more about how we support our Veterans (https://www.athene.com/our-veterans) .
Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law..