Head of Model Risk Governance

Recruiter
Classic Consulting uk limited
Location
London, South East
Salary
£130000.00 - £160000.00 per annum
Posted
09 Feb 2019
Closes
17 Feb 2019
Position/Level
Professional / Specialist
Responsibilities
Analyst
Sector
Other
Contract Type
Permanent
Language
English


Job Role: Head of Model Risk Governance - Financial Services - Risk & Analytics
Job Type: Permanent
Salary: £130K - £160K
Location: London

Our client is seeking a Head of Model Risk Governance to join their central London office to assist with regulatory guidance and client risk requests. You'll report into the Director of Risk and Analytics. The role is a crucial to the business and requires an analytical, bright and experienced individual with advisory skills and content knowledge within financial risk management. This is an ideal opportunity for a someone in banking to take the next step in their career.

Job Responsibilities

  • Be able to advise financial institutions about their financial risk models, policies and governance
  • Establish and identify firm-wide model risk policies and procedures and ensure these are consistent across the business
  • Collaborate with the wider business and risk management functions to develop appropriate model control standards and support model onboarding
  • Design appropriate reporting and develop metrics for model risk and governance
  • Develop best practice approach
  • Identify controls that ensure compliance with model risk governance framework and policies
  • Translate (new) rules and regulations into business processes
  • Travel involved with position, so flexibility required, 2-3 times a month approx.


Skills & Experience

  • 10+ years of experience in a similar position focused on Model governance and or Model risk management
  • Strong financial and banking regulatory knowledge including Basel etc
  • Wholesale and retail banking experience
  • Ideal candidate would have background in finance, banking and consultancy and must have worked with the regulators previously
  • Preferable Quant background
  • Strong verbal and written communication and interpersonal skills
  • Wholesale and retail banking experience
  • Ideal candidate would have background in finance, banking and consultancy and must have worked with the regulators previously
  • Preferable Quant background
  • Strong verbal and written communication and interpersonal skills
  • Strong client management skills
  • Experience of working within multi-cultural and global environments
  • Good at multi-tasking skills and adherence to deadlines
  • Technical skills including knowledge of (or working experience in) object-oriented languages and scripts (ex: VBA, SQL etc.)
  • Master's in Mathematics, Computer Science, Financial Engineering and or advanced degree in quantitative or engineering or science disciplines

This job was originally posted as www.totaljobs.com/job/85212281