Position at a glance : The Model Risk Governance Consultant position would work within the Community Banking Risk Management team, which focuses on driving compliance with key regulatory and internal policies to drive governance of the development, use, and monitoring of models that support critical financial processes.
This position will focus on building strong relationships with model owners and developers in order to drive risk and regulatory compliance with model governance policies through a solid understanding of the model development process.
Responsibilities may include :
Consulting with Community Banking and Consumer Lending business partners to identify models and to support the effort required to bring those tools into compliance with enterprise policies
Analyzing inventory to identify models that require periodic status updates and working with model owners to capture and document updates
Developing dashboards to support tracking and reporting on the implementation progress of new models across the Community Banking and Consumer Lending teams
Reviewing models that are under development and associated documentation to ensure completeness and compliance with policy requirements and standards
Partnering with other analytic consultants on the analysis and disposition of newly identified tools to determine which are models and which should be passed on to the EUCT for subsequent analysis
Monitoring the Consumer Model Risk Governance Shared mailbox and providing timely responses to queries and requests.