VP, Model Risk Manager

Salary

Core Qualifications

Key Responsibilities

• •Lead and contribute to the development and maintenance of Model Risk Management framework at MBE.
• •Lead key model governance activities including model onboarding, risk appetite monitoring, periodic assessments, and model lifecycle change process.
• •Act as local owner of model risk policy and procedures, support reviews to ensure policy documents remain fit for purpose.
• •Drive effective running of Model Risk Working Group meetings including preparation of materials, review of submissions, and escalation of issues.
• •Ensure all identified models are recorded in the model risk inventory and monitor model use restrictions.
• •Coordinate and oversee the planning and execution of outsourced model risk services, including model validation activities.
• •Assess and challenge model related risks, perform detailed review and effective challenge of model validation reports.
• •Oversee and assess the quality and consistency of third-party validation providers.
• •Perform periodic risk control testing and risk assessments, prepare model risk dashboards.
• •Support audit reviews and ensure timely remediation of audit points.
• •Drive delivery of change and ad-hoc project work (e.g., implementation of new regulatory requirements).
• •Engage with auditors and supervisors (DNB, ECB) and develop strong relationships with stakeholders.
• •Support broader ERM activities including ICAAP, Stress Testing, Risk Appetite, Product Risk Management.
• •Support broader MUFG activities in relation to model risk within EMEA and globally.