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This role involves overseeing model maintenance and governance to ensure compliance with Model Risk Management (MRM) guidelines. Key responsibilities include maintaining model documentation, conducting performance assessments, and developing risk measurement methods. The ideal candidate should have experience in FP&A processes, financial forecasting systems, and financial reporting tools and possess strong project management and communication skills.
Job Responsibility:
Oversee model maintenance activities to ensure compliance with Model Risk Management (MRM) guidelines and deadlines
track model inventory
coordinate across corporate teams, model risk management teams, transformation teams, and FP&A teams to provide status updates and respond to model related requests
maintain model documentation throughout the model lifecycle
update inventory tracker for new models and changes in existing models
monitor due dates and ensure alignment with model sponsors and MRM teams
partner with FP&A teams to conduct Annual Model review and Ongoing Performance Assessments
review the Ongoing monitoring results to identify potential model fatigue
prepare and submit model documentation in approved MRM templates within iMRMS
respond to MRM queries to ensure documentation approval by deadlines
build strong relationships with stakeholders across MRM, FP&A, FTO, and Transformation teams
develop, enhance, and validate risk measurement and analysis methods across market, credit, and operational risk types
conduct data mining, validate data quality, and address issues collaboratively with Technology teams
prepare statistical and non-statistical reports, explore data trends, and create formal documentation
validate assumptions and identify risks in methodologies and processes
automate data preprocessing and perform ad hoc analyses
deliver data-driven recommendations addressing business needs
manage and report control issues effectively and ethically
Requirements:
5+ years of experience with good understanding of FP&A processes and management reporting
professional degree equivalent to CA/MBA
proficient in Microsoft Office with an emphasis on MS Excel
knowledge with financial forecasting systems
knowledge of Tableau, Knime and Python would be preferred
experience of working with financial data and knowledge of financial reporting tools
consistently demonstrates clear and concise written and verbal communication skills
self-motivated and detail oriented
demonstrated project management and organizational skills and capability to handle multiple projects at one time
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