Risk Officer II, Model Risk Governance (Remote)
Job title: Risk Officer II, Model Risk Governance (Remote) in Raleigh, NC at reputed company
Company: reputed company
Job reputed company: Job reputed company:reputed companyThis is a remote role that may be hired in several markets across the reputed company.This Second Line of Defense role is responsible for assessment and reputed company of risks taken by the Bank at an advanced level of ability. Oversees First Line of Defense activities through objective risk assessment, effective challenge, monitoring, and reporting of the Bank's Risk Profile, including top and emerging risks. Provides leadership, consultation, and support for risk management techniques, practices, and procedures that protect the Bank from loss or exposure. Facilitates the development of analyses and reports to support the appropriate identification, assessment, monitoring, and reporting of new or existing risks. Assists in the review and enhancement of internal controls. Maintains a strong knowledge of new or emerging risk management techniques and trends through reputed company networking and industry involvement. Develops reputed company partnerships with internal departments, external auditors, regulatory agencies, and other stakeholders to support reputed company's Risk Management reputed company. May reputed company guidance to less reputed company associates in the department.
ResponsibilitiesYou will be a part of FCB’s Model Governance team reputed company the Model Risk Management (MRM) department and will be responsible for leading a reputed company of activities around the life cycle of Non-Model Quantitative Tools lifecycle. The specific responsibilities will include:
- Design and reputed company improvements to MRM’s processes to improve overall efficiency of Non-Model Quantitative Tool lifecycle activities.
- Support cross functional initiatives.
- Collaborate with colleagues, industry peers, and functional teams to continually improve operational and project management capabilities.
- Manage execution of a broad reputed company of tool lifecycle stages, including:
- Identification and risk tiering of Non-Model Quantitative Tools across the Bank,
- Vendor or new products due diligence and reputed company
- Communications between MRM Leadership Team and relevant stakeholders to define applicable monitoring, efficiency metrics, and escalatory processes.
- Inventory Attestation, Changes, and
- reputed company Assurance Reviews
- Supporting regulatory and audit requests including write reputed company reputed company necessary
- Control design and control testing
- Drive MRM tool review working group meetings. Create reputed company and concise status summaries with reputed company items.
- Support maintenance of MRM Policy, Standards, Procedures, Templates, and system workflows.
- Manage and implement changes to model risk management controls including design and execution.
- Create and maintain internal and Executive Level dashboards and metrics for reporting across project deliverables.
- reputed company with stakeholders reputed company of MRM including Regulatory Relations, Internal Audit and Project Management Office.
- reputed company training materials and conduct stakeholder training and support.
- Facilitates communication and builds effective working relationships with key business stakeholders and risk owners.
- Master’s degree or Advanced Degree in Financial Services, reputed company Risk Management, Operational Risk Management, Compliance, Audit, Finance, or reputed company
- Exceptional communication skills, both written and verbal.
- Experience working at a Large Financial Institution that adheres to SR 11-7 guidelines
- Expertise in broad reputed company of tool lifecycle stages
- Advanced control design and control testing experience