Lead Vice President - Model Risk Governance - BFSI (12-18 yrs)

We have an opening for Lead Vice President, Model Risk Governance for one of the largest banking and financial services organisations in the world.

Location - Kolkata

Mandatory Skills : Model Risk Governance, Assurance, Internal Audit

Required Experience :

- Experience of model risk management, governance and/or model development / validation.

- Significant experience of local regulators and regulations.

- Experience of managing senior stakeholder and external communications.

Model Risk Management:

- Oversee the development and validation of internal models, ensuring adherence to regulatory requirements and the effectiveness of risk mitigation controls, as a Model Sponsor for internal Advanced Models.

- Timely completion of Ongoing Performance Assessment (OPA), Model Change Checklist (MCC), Model Overlay Document, documenting model Limitations, ensuring timely approval of Model Development Document (MDD) are some of the work objectives as part of adhering to the established standards in compliance to the Model Risk Management Policies.