Get new jobs for this search by email

AVP / VP, Model Governance (Market Risk)

2 days ago Be among the first 25 applicants

• Model Risk Oversight: Ensure compliance with model risk management policies, procedures, and regulatory requirements (e.g., SR 11-7, Basel regulations).
• Validation & Monitoring: Conduct independent validation of market risk models, including Value-at-Risk (VaR), stress testing, and sensitivity analysis.
• Governance & Documentation: Maintain robust governance frameworks, ensuring appropriate model documentation, development standards, and audit readiness.
• Stakeholder Collaboration: Work closely with Market Risk, Quantitative Analytics, Model Development, Audit, and Regulatory teams to ensure effective model risk governance.
• Regulatory Compliance: Support regulatory exams and internal audits by providing documentation and insights into model governance practices.
• Data Integrity & Risk Assessment: Assess model inputs, assumptions, and limitations, ensuring data integrity and identifying potential risks.
• Reporting & Insights: Develop reports and presentations on model performance, risk exposures, and validation outcomes for senior management and governance committees.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance

Industries

Financial Services, Investment Management, and Banking