Model Risk Governance Specialist

4 weeks ago


London, Greater London, United Kingdom SGS Société Générale de Surveillance SA Full time
Model Risk Officer, VP/Director

Key Responsibilities

The Model Risk Officer, VP/Director will be responsible for coordinating the Model Risk Management functions and the local RISQ Management teams. This includes supporting RISQ/GBR in their dialogue with BUs and SUs on model risk related topics, escalating questions or concerns raised by local model users or by local management, and cooperating with local regulatory surveillance teams to identify new model risk themes, trends or regulations.

Key Governance and Roadmap Responsibilities

The Model Risk Officer, VP/Director will establish a robust and clear MRM governance in the UK, clarify the roles and responsibilities of local stakeholders vs central MRM and ALM teams, and formalize local processes and procedures when required. They will also contribute to the local Risk Management Framework and Risk Appetite Framework.

Key Model Risk Oversight Responsibilities

The Model Risk Officer, VP/Director will oversee the UK based execution of the model Inventory process, participate in the Group's Model Risk Management Committee, and ensure that all critical models are properly reviewed and governed.

Requirements

The ideal candidate will have a broad understanding of risk management and model risk in a banking environment, be autonomous and raise alerts appropriately to management, and have experience in previous roles on Risk management and ideally on Model Risk. They will also have a very good command of written and oral English, and some familiarity with French is useful.

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