Model Risk Officer Assistant This position is part of the Enterprise Risk Division, reporting to the Model Governance Manager. This position will assist in various governance and validation functions, including ongoing assessment of the model risk management framework, information management, analyze and prepare executive reporting and a liaison between governance and validation groups.
* Assist in managing the assessment, development and maintenance of the overall model risk management framework
* Provide analytical and reporting support to the Model Governance manager focusing on model risk and other process improvement initiatives * Review models to ensure proper documentation and timely monitoring; review validation reports from a governance perspective
* Use an understanding of the Enterprise Risk and Model Risk Management framework, to develop repeatable and well controlled processes associated with model risk management. * Interface with model validation team, model development team and other business managers to coordinate the workflow of various MRM activities * Ad hoc projects as required
Relocation Relocation assistance is not provided for this position.
Travel Travel is not required of this position.
- Bachelor's degree from an accredited university in a quantitative field such as statistics, operations research, quantitative finance, econometrics, applied mathematics, engineering or related field - 6 months of experience in using advanced analytical methods in solving complex problems - 6 months of experience in quantitative analysis - 6 months of experience with SAS and other modeling or statistical software
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled