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Model Risk Management, Vice President

Coordinate regulatory compliance assessments for model risk management across the organization.
Boston
Expert
1 week ago
State Street

State Street

State Street provides investment servicing, investment management, investment research and trading services to institutional investors worldwide.

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✨ About The Role

- The Vice President of Model Risk Governance will coordinate, plan, and execute regulatory, control, audit, and risk initiatives across various model risk activities. - Responsibilities include managing the model validation team and overseeing quality assurance functions within the Model Risk Management framework. - The role involves ensuring compliance with regulatory requirements, including SR 11-7 and other global regulations. - The VP will be responsible for enhancing Board of Directors reporting and refining the evaluation and assessment of model risk aspects. - The position requires collaboration with model owner teams and senior executives to ensure effective communication and influence across the organization.

âš¡ Requirements

- The ideal candidate will have a minimum of a Bachelor's degree and at least 6 years of program management, risk management, or consulting experience. - A strong background in Model Risk Management or experience working with models is essential, with a preference for candidates having 3+ years in this area. - Candidates should possess excellent written communication skills, as a writing sample may be required during the application process. - Proficiency in Excel, PowerPoint, and other Microsoft applications is necessary for success in this role. - The successful candidate will demonstrate strong analytical abilities and reasoning skills, with a detail-oriented approach to issue identification and gap assessment.
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Model Risk Management, Vice President
Boston
Legal
About State Street
State Street provides investment servicing, investment management, investment research and trading services to institutional investors worldwide.