Model Risk Governance Manager / Framework Lead

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

Job summary

A leading banking institution in the UK is seeking a Model Risk Governance Manager to lead the management and enhancement of model risk governance. The successful candidate will establish and maintain risk management policies and procedures, ensuring compliance with internal and external requirements. Strong experience in policy writing, risk management, and communication skills are essential. This role offers a dynamic environment and opportunities for professional growth.

Qualifications

• Experience in developing and administering policies and procedures or risk system management.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong written and verbal communication skills.

Responsibilities

• Lead management and improvement of model risk governance.
• Establish and maintain policy, standards, and procedures for model risk management.
• Deliver effective communication of policy requirements.

Skills

Policy writing

Risk management

Communication skills

Attention to detail

Self-starter

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