Model Risk Oversight Manager - FTC

Job Title: Model Risk Oversight Manager
Salary: £70,000 per annum
Working Model: Hybrid working
Contract Length: 12-month FTC, with the possibility of becoming permanent
Location: Leeds
Act as a subject matter expert on all model risk thematic reviews to support the delivery of the Prudential Risk Oversight Plan. The reviews will cover (but are not limited to) the IRB Rating system, Retail Credit, ALM and Finance Models. Apply technical knowledge to ensure model risk is managed through the effective review of model design, periodic validation and model use. Ensure reviews consider alignment with market best practice, regulatory requirements and Group policies. Act as an enabler for the business to better understand and manage their model risk, providing advice and challenge to 1st line risk teams through impactful and highly influential engagement up to Chief Officer levels.
Commercial Responsibilities:
Interactions with Group Risk Committee (GRC) and Executive Risk Committee (ERC) to escalate material findings identified through monitoring reviews.
Engagement with key business stakeholders right through to the Chief Officer level.
Engagement with the regulator (PRA) on outcomes of thematic reviews.
Role Specific Accountabilities:
Act as a subject matter expert and...