Model Governance Manager
4 weeks ago
About the Role
We are seeking an experienced Risk Model Governance Specialist to join our Model Governance team at the OSB Group. As a key member of the team, you will play a crucial role in ensuring the effective governance of our risk models, ensuring compliance with regulatory requirements and industry best practices.
Key Responsibilities
- Support the Head of Model & EUDA Governance in ensuring an appropriate model governance framework is in place and operated across the Group.
- Review and update model policies and supporting standards documents to ensure emerging regulatory expectations and industry best practices are met.
- Maintain and coordinate updates to the Group's Model Register, ensuring all models are captured and the required information is maintained and updated regularly.
- Develop the Group Model Register to achieve full PRA SS1/23 compliance over agreed timelines.
- Support and coordinate the operation of key model governance committees, including agreeing agendas, overseeing minute production and action tracking, briefing of Chairs of committees.
About Us
The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB's unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
What We Offer
We offer a competitive salary and benefits package, including a discretionary annual bonus opportunity of up to 15%, 28 days annual leave plus bank holidays, contributory pension, life assurance, and access to private medical insurance and medical cash plan.
Requirements
- Robust previous experience working in a similar model governance, EUDA, IRB, model development or compliance related role is essential.
- Robust experience of working in a financial services or risk-based environment is essential.
- Significant experience of internal model governance is essential, preferably obtained within an IRB accredited / aspirant firm is an advantage.
- Good experience of writing reports for senior committees is essential.
- Good experience of risk models across numerous disciplines is essential.
- Strong experience of engaging with senior stakeholders is essential.
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