Model Risk Capabilities Manager

NatWest Group; Manchester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in Manchester is seeking a Model Risk Capabilities Manager to enhance their model risk framework and support the ethical use of AI systems. The role involves managing model risk governance, developing training materials, and maintaining collaborative relationships with stakeholders. The ideal candidate will have experience in risk management or model development, along with a strong desire to navigate the evolving field of Responsible AI.

Qualifications

• Experience working in risk management or model development.
• Familiarity with Responsible AI principles.
• Ability to manage multiple priorities effectively.

Responsibilities

• Design and implement model risk framework elements related to ethical AI.
• Manage model risk through policies, standards, and procedures.
• Develop educational materials on ethical AI.

Skills

Risk management

Model development

Responsible AI

Governance experience

Business analysis

Job description

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\’ll 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