Model Risk Governance Manager / Framework Lead

NatWest Group; Gogar; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services group in the United Kingdom seeks a Model Risk Governance Manager who will lead model risk management across the organization. The successful candidate will be responsible for developing and maintaining model risk policies and procedures, ensuring compliance with regulatory standards, and providing leadership to team members. Strong experience in risk management and policy writing is essential for this role, along with the ability to communicate complex issues clearly and concisely.

Qualifications

• Experience in developing, maintaining, and administering policies and procedures.
• Exposure in model risk and risk system management.
• Ability to effectively manage multiple priorities in a fast-paced environment.

Responsibilities

• Lead the management of model risk governance across the organization.
• Establish and maintain policy, standards, and procedures for model risk management.
• Deliver effective communication of policy requirements and compliance levels.

Skills

Policy writing

Risk management

Attention to detail

Communication

Self-starter

Prioritization

Job description

Overview

• This is an exciting opportunity to play a key part within our Risk function that supports model risk management across our bank
• We’ll provide a great platform for you to learn and develop as part of the Model Risk Governance team
• You’ll focus on leading the development, maintenance and implementation of model risk policy and procedures across the Group

What you\'ll do

As a Model Risk Governance Manager, you’ll lead the management and continuous improvement of model risk governance across the organisation. You’ll establish and maintain policy, standards and procedures for model risk management which are aligned to internal and external requirements.

• Delivering effective communication of policy requirements and compliance levels across the organisation
• Implementing policy changes that meet the needs of internal stakeholders and aligning them to the enterprise-wide risk management framework and regulatory requirements
• Ensuring the design and functionality of the model inventory system meets internal and external expectations
• Developing and delivering educational materials and training on model risk management
• Providing effective leadership to team members

The skills you\'ll need

To succeed in this role, you’ll need experience in developing, maintaining, and administering policies and procedures or risk system management or risk reporting delivery.

You’ll also need:

• Experience in policy writing, risk management and exposure in model risk
• The ability to effectively manage multiple priorities in a fast-paced and time-sensitive environment
• To be a good communicator, both written and verbal, with the ability to confidently present complex issues in a user-friendly, clear, and concise format to all levels of audience
• Good attention to detail, thoroughness, and follow-through
• Be a self-starter with the ability to prioritise, anticipate needs and adapt to changing priorities