Vice President - Model Risk Manager

Posted on Dec 16, 2018 by Michael Page International - US

Miami, FL 33101
Banking
11 Sep 2018
Annual Salary
Full-Time

My Client is a leading financial institution.

Description

The Candidate will be responsible for:

  • Maintain Model Risk Management Framework, Identify Risks and Advise on Mitigation Strategies:
  • Maintain the Enterprise's model inventory and model documentation library and validation review schedule.
  • Conduct independent model validations to manage and mitigate the risks that arise from the use of models
  • Prepare rigorous work papers documenting the validation review and analysis.
  • Discuss findings and their risk severity with model owners and assist with remediation recommendations.
  • Track findings assigned and validate them to ensure they are properly addressed in a timely manner.
  • Prepare presentations for Risk Committees
  • Facilitate risk profiling process for assigned business units.

Profile

The ideal candidate will have:


  • Advanced degree in Finance or FRM/PRM certifications with quantitative background required.
  • Must have 5-10 years of experience in banking in a risk management role and a strong working knowledge of programming (Excel/VBA) and relational databases.
  • Experience with risk tools including SAS, Moody's, Actimize, Intex, SNL, Bloomberg API, or other BSA/AML and Fraud detection systems is preferred.
  • Model validation experience with a DFAST or CCAR institution is strongly preferred.


Job Offer

Competitive pay and benefits with competitive bonus

The Model Risk Vice President will be responsible for the overall Enterprise Risk of all the Models and the proper processes from a risk and methodology perspective.

Reference: 598231412

Similar Jobs

Vice President, Digital Analytics & Search Engine Optimization

Miami, FL

Univision Communications Inc.

Senior Vice President, Television Sales - Local Media

Miami, FL

Univision Communications Inc.

Data Modeler

Miami, FL

Affinity Executive Search