Senior Model Risk & Governance Lead

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

Benefits offered by this job

25 days holiday

Extra day's holiday for birthday

Annual leave increase with service

Paid volunteering time

Salary sacrifice pension scheme

Life insurance at 4x salary

Private Medical Insurance

Family-friendly policies

Perkbox membership

Cycle to Work initiative

Job summary

A progressive banking institution based in Manchester is looking for a Senior Risk Manager to join their Model Risk Oversight team. This role involves implementing and assessing compliance of the Model Risk Policy across business areas, maintaining the model inventory, and developing assurance plans. The ideal candidate will have extensive experience in model risk oversight within a banking environment, strong communication skills, and a solid understanding of model governance. This is a fixed-term contract for six months, offering a competitive salary and a range of benefits.

Qualifications

• Experience in model risk oversight and control within a banking environment.
• Understanding of types of models used in a bank and potential risks.
• Proven ability to interpret regulatory requirements.
• Strong communication skills for presenting documents and committee papers.

Responsibilities

• Work on implementation and compliance assessment of Model Risk Policy.
• Lead reviews of Model Risk Governance Policies and Standards.
• Update Model Inventory and report on compliance.
• Track industry trends and enhance the Bank's approach to model risk.

Skills

Model risk oversight

Regulatory compliance

Influencing and negotiation

Strong communication

Understanding of model governance

Job description

A progressive banking institution based in Manchester is looking for a Senior Risk Manager to join their Model Risk Oversight team. This role involves implementing and assessing compliance of the Model Risk Policy across business areas, maintaining the model inventory, and developing assurance plans. The ideal candidate will have extensive experience in model risk oversight within a banking environment, strong communication skills, and a solid understanding of model governance. This is a fixed-term contract for six months, offering a competitive salary and a range of benefits.