Model Governance Director
7 days ago
The OSB Group, a FTSE 250 specialist mortgage lender, is seeking an experienced Model Governance Director to join our team. As a key member of our Model Governance team, you will play a crucial role in driving excellence in model governance across the Group. Your expertise will ensure robust model management and compliance within a collaborative environment.
About Us
The OSB Group operates in the UK mortgage market, focusing on carefully selected segments. We offer a range of specialist lending products supported by our retail savings franchises. Our operating model is unique, with a cost-efficient structure supported by our subsidiary OSBIndia.
Your Role
You will support all model governance activity across the Group, ensuring appropriate arrangements are in place. This includes reviewing and updating model policies, maintaining the Model Register, and coordinating group-wide reviews. You will also develop the Group Model Register to achieve full PRA SS1/23 compliance. Additionally, you will coordinate the operation of key model governance committees and support the implementation of the EUDA IT tool.
Requirements
Robust experience working in a similar model governance or compliance-related role is essential. Significant experience of internal model governance is required, preferably within an IRB accredited firm. Good experience of writing reports for senior committees and engaging with stakeholders is also necessary.
What We Offer
We provide a competitive salary of £65,000-£75,000, plus a discretionary annual bonus opportunity of up to 15%. Our benefits include 28 days annual leave, contributory pension, life assurance, and access to private medical insurance and a medical cash plan.
Career Development
We value diversity and inclusion and aim to create a collaborative work environment. Flexible-working opportunities are available, and we prioritize employee well-being.
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