Model Risk Management

About the role

To validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews.

What you'll do

• Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models
• Assessment of any compensating controls used to mitigate Model risk
• Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement
• Design of the framework and methodology to measure and, where possible, quantify model risk, including the assessment of framework level uncertainty

What you need

• Risk management
• Any graduate