Model Risk Management Specialist

Model Risk Management Specialist

Kapital Bank
  • Şəhər

    Bakı

  • Kateqoriya

    Maliyyə analiz

  • Maaş

    Razılaşma ilə

  • İş rejimi

    Tam-ştat

  • Təhsil

    Ali

  • Yerləşmə tarixi

    22 oktyabr 2024

  • Bitmə tarixi

    26 noyabr 2024

Diqqət!

Bu elanın vaxtı bitib. Risklərin idarə edilməsi üzrə mütəxəssis vakansiyaları üçün bura keçid edin!

 

Öhdəliklər:

  • Model Risk Oversight: Develop and maintain the model risk management framework, including policies and procedures that address the identification, assessment, monitoring, and reporting of model risk.
  • Governance: Ensure robust model risk governance structures are in place, overseeing adherence to regulatory guidelines/requirements and internal risk appetite.
  • Risk Assessment & Monitoring: Conduct regular risk assessments to evaluate the effectiveness of models and monitor their performance throughout their lifecycle.
  • Model Inventory Management: Oversee and maintain the organization’s model inventory, ensuring all models are appropriately documented, categorized, and assessed for their risk profile.
  • Stakeholder Engagement: Act as the primary point of contact between model owners, users, and other stakeholders (e.g., auditors) to ensure effective communication and mitigation of model risk issues.
  • Reporting & Documentation: Provide regular reports to senior management, committees, and the board, summarizing model risk exposures, governance activities, and key risk metrics.
  • Regulatory Compliance: Ensure the organization's model risk management practices meet regulatory/group-wide standards, responding to inquiries from regulatory/parent bodies as necessary.
  • Model Risk Education: Support the development and delivery of training programs related to model risk awareness and best practices across the organization.
  • Model Change Management: Oversee and ensure appropriate controls are in place for model development, implementation, and change management.
  • Audit & Review Support: Coordinate with internal and external auditors, providing necessary documentation and explanations during reviews or examinations.

 

Tələblər:

  • Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, or a related field. Advanced degrees (MBA, MS, or PhD) are a plus.
  • 3+ years of experience in risk management, model risk oversight, or a related field.
  • Experience with regulatory frameworks (Basel, IRB, IFRS, SR 11-7 etc.).
  • Familiarity with model lifecycle management and risk control frameworks.
  • Strong understanding of models and their associated risks (e.g., credit risk, market risk, and operational risk).
  • Excellent analytical skills with the ability to assess model risk independently.
  • Strong communication skills, both written and verbal, for engaging with stakeholders across multiple levels.
  • Experience in managing cross-functional teams and coordinating with various departments.
  • Ability to understand and interpret regulatory guidelines related to model risk management.
  • Model Risk Related certification is recommended. Certifications such as FRM, PRM, or CFA are preferred but not required.
  • Critical Thinking: Ability to evaluate complex issues and make informed risk-based decisions.
  • Attention to Detail: Strong focus on accuracy, completeness, and control.
  • Leadership: Proven ability to lead initiatives and influence outcomes in a complex risk environment.
  • Adaptability: Able to navigate and adapt to changing regulatory environments and evolving business needs.

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