Surveillance Lead: Model Risk & Governance

NatWest Group; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

NatWest Group is seeking a Surveillance Lead in Model Oversight to oversee the lifecycle of surveillance models, ensuring performance, reliability and compliance with regulatory expectations. You will coordinate performance monitoring, calibration, and governance reporting, and collaborate with model owners and risk teams to address risks and enhancements.

The role emphasizes evidence-based decision making, traceability of changes, and effective communication with Independent Model Validation

Qualifications

• Experience in banking surveillance and model risk oversight.
• Strong knowledge of regulatory expectations for market abuse surveillance.

Responsibilities

• Oversee surveillance model lifecycle, from deployment to retirement, ensuring fit-for-purpose performance.
• Coordinate model performance monitoring, thresholds, and reporting with evidence-based conclusions.
• Escalate material limitations and remediation actions to governance fora.
• Maintain records of decisions, limitations and residual risks across surveillance models.

Skills

Model risk governance

Regulatory compliance

Stakeholder management

Analytical skills

Job description

NatWest Group is seeking a Surveillance Lead in Model Oversight to oversee the lifecycle of surveillance models, ensuring performance, reliability and compliance with regulatory expectations. You will coordinate performance monitoring, calibration, and governance reporting, and collaborate with model owners and risk teams to address risks and enhancements.

The role emphasizes evidence-based decision making, traceability of changes, and effective communication with Independent Model Validation