Model Risk Capabilities Manager

NatWest Group; Gogar; On-site; GBP 65,000 - 80,000; Full time

Job summary

A financial services firm is seeking a Model Risk Capabilities Manager to enhance their model risk framework and oversee the ethical use of AI systems. The ideal candidate will have experience in risk management and model development while demonstrating the ability to manage priorities in a fast-paced environment. Responsibilities include implementing policies and developing training materials for ethical AI use.

Qualifications

• Experience working in risk management or model development.
• Governance or business analysis experience is advantageous.
• A growth mindset and desire to learn about AI.

Responsibilities

• Design and implement model risk framework elements.
• Manage model risk across the bank with effective policies.
• Administer model risk governance efficiently.
• Develop training materials on ethical AI.

Skills

Risk management

Model development

Responsible AI

Governance

Business analysis

Job description

Overview

Join us as a Model Risk Capabilities Manager

• This is your opportunity to make a tangible impact on our business and for our customers
• You’ll be helping to improve our model risk framework, system and reporting requirements and delivering planning and control support across the wider team with specific responsibilities for the ethical use of Artificial Intelligence (AI) systems
• Ultimately, you’ll support our people to take personal responsibility for understanding, investigating and embracing the opportunities risk can bring for us, our customers and the bank

What you\'ll do

As Model Risk Capabilities Manager, you’ll be providing key input to the design and implementation of model risk framework elements specifically in relation to the ethical use of AI systems which are compliant with regulatory and bank requirements.

You’ll also be:

• Helping to manage model risk across the bank through effective policies, standards, procedures and system design including the review of ethical AI impact assessments
• Acting as a point of contact for queries relating to policies and procedures across model risk relating to the ethical use of AI and data
• Helping to administer model risk governance in an efficient and effective manner
• Developing and leading educational materials and training on ethical AI for both internal & external audiences

The skills you\'ll need

To make an impact in your role, you\u2019ll ideally have experience working in risk management or model development, Responsible AI, or risk management, while governance or business analysis experience will also be advantageous. Most important is a growth mindset with the desire to learn about this relatively new and fast changing field.

We also want you to demonstrate:

• A proven ability to effectively manage multiple priorities in a fast paced, time sensitive environment
• An affinity for absorbing complex information and implementing solutions that are simple, transparent, auditable and fair
• The ability to influence others while maintaining collaborative relationships with stakeholders
• A results-focused approach to your work