Senior Model Governance Strategist

3 weeks ago


London, Greater London, United Kingdom State Street Corporation Full time
About the Role

State Street is seeking a highly skilled Vice President to join its Model Risk Governance Team in Boston, MA. The successful candidate will be responsible for coordinating, planning, and executing regulatory, control, audit, and risk initiatives and deliverables across a wide range of model risk activities.

Key Responsibilities
• Coordinate and plan regulatory, control, audit, and risk initiatives and deliverables across model risk activities.
• Develop and maintain relationships with business stakeholders, including model owners, audit teams, and regulatory bodies.
• Ensure compliance with emerging regulations, including SR 11-7 and global regulations.
• Coordinate audits and regulatory exams, and ensure model guideline compliance with emerging machine learning-based models.
• Manage the model validation team, responsible for performing Tier 3 and 4 validations/QA, and quality assurance on various functions across MRM.

Requirements
• Bachelor's degree, JD, and/or legal experience preferred.
• 6+ years of program management, risk management, or consulting experience preferred.
• 3+ years of experience within Model Risk Management or working with models is strongly preferred.
• Experience working with an internal audit function and/or any regulator strongly preferred.
• Proficiency in Excel, PowerPoint, and MS Applications.

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